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EUR/JPY extends its losses for the second consecutive day, trading around 185.70 during the Asian hours on Friday. The currency cross is holding above both the nine-period and 50-period Exponential Mo…
Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology stocks fell sharply on Thursday as s…
West Texas Intermediate (WTI) – the benchmark US crude oil price – edges higher during the Asian session on Friday, though it remains confined within a multi-day-old range. The commodity currently tra…
The GBP/USD pair trades on a softer note around 1.3470 during the Asian trading hours on Friday. Geopolitical tensions in the Middle East trigger risk-off market sentiment and weigh on the Cable. The …
NZD/USD inches higher after posting minor losses in the previous day, trading around 0.5840 during the Asian hours on Friday. The currency pair remains stronger as the New Zealand Dollar (NZD) holds i…
The Australian Dollar is going nowhere with great precision, with AUD/USD flat on the session and pinned to the 0.7000 handle for a fourth consecutive day. The recovery off the 0.6900 area earlier thi…
The AUD/USD pair remains on the back foot for the second straight day and slides to the 0.7980 region during the Asian session on Friday. Nevertheless, spot prices seem poised to register gains for th…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD downside momentum has intensified after a sharp intraday swing, with firm support highlighted at 1.2875 and 1.2860. In the…
Sterling is enduring its heaviest session of the month, with GBP/USD fading around half of one percent to just below 1.3500 after the week's advance stalled short of 1.3550 for a second consecutive da…
Federal Reserve (Fed) Vice Chair Philip Jefferson said that the current policy stance should support the job market and allow inflation to resume decline toward 2% as tariff effects and energy prices …
MUFG’s Lloyd Chan notes that softer US inflation data has weakened the Dollar and lowered Fed rate hike expectations, but USD/THB has still broken above 33.50. He highlights Thailand’s low carry, dete…
US President Donald Trump is delivering a primetime address to the nation from the White House on Friday.
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNY has extended its decline on softer United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI), with firmer Peopl…
BNY’s Geoff Yu highlights a hawkish 25bp hike by the Bank of Korea (BoK) to 2.75%, with guidance that Gross Domestic Product (GDP) and core inflation will exceed earlier forecasts. Authorities are als…
The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the time of writing, the cross-pair retreated to 218.80, down 0.34%, as t…
Scotiabank strategists Shaun Osborne and Eric Theoret note GBP/USD is slightly weaker as it gives back part of yesterday’s strong advance, helped by expectations of a centrist, market-friendly Burnham…
EUR/USD trades lower near the 1.1440 area on Thursday, retreating around 0.2% as the US Dollar (USD) gains support from stronger-than-expected United States (US) labor market data.
Dollar-Yen has spent the week doing almost nothing at the most dramatic level in four decades. USD/JPY adds a tenth of one percent to hold just below 162.50, short of the cycle top printed just under …
West Texas Intermediate (WTI) Crude Oil is fading about one percent to just below $79.00 after a third consecutive failure at the $80.00 handle, where the 50-day Exponential Moving Average sits just a…
The Mexican Peso depreciated by about 0.30% on Thursday as market participants turned risk-averse amid an escalation of the Middle East conflict, which has driven energy prices higher. Also, a round o…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that USD/CNH downside momentum continues to build after the pair slipped to 6.7653. Intraday, there is a chance of testing major s…
The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, heightened tensions in the Middle East, and strong US economic data. The …
Standard Chartered analysts Christopher Graham and Carol Liao discuss how the European Union is seeking to rebalance its trade relationship with China without shutting the door on engagement. They hig…
The Pound Sterling trims some of its Wednesday gains versus the US Dollar, down by over 0.48% following solid US data. The sell-off comes amid risk aversion and augments the safe-haven appeal of the G…