Independent coverage of UK markets, FCA policy and institutional trading
Gold price (XAU/USD) drifts lower to near $4,155 during the early Asian session on Wednesday. The precious metal extends the decline as rising oil prices fuel inflation concerns and prompt major centr…
AUD/JPY extends its gains for the second consecutive day, trading around 110.70 during Asian hours on Wednesday. The currency cross holds gains as the Australian Dollar (AUD) remains stronger followin…
DBS Group Research economist Ma Tieying assesses Taiwan’s macro outlook, highlighting a strong AI cycle, diversified energy imports and evolving tariff dynamics with the US.
On Tuesday, New York Federal Reserve (Fed) President John Williams, a voter on the Federal Open Market Committee (FOMC), said he believes “disinflationary forces are at play,” and added that “one more…
The Dollar fell against every major currency on Tuesday and fell least against the Yen, on the day the Bank of Japan (BoJ) was reported to be leaning against an October rate hike. USD/JPY jumped to ju…
On Tuesday, Boston Federal Reserve (Fed) President Susan Collins said that the Fed's main focus is inflation, while adding that he expects "inflation to stay above 2% due to high energy prices.”
The Mexican Peso depreciates against the US Dollar as traders await the release of the US Consumer Price Index (CPI) report, which could set the pace for interest rates towards the end of the year. Th…
EUR/USD trades on the front foot on Tuesday as a pullback in the US Dollar (USD) lifts the Euro (EUR). Despite the modest recovery, the pair remains near 17-month lows as fiscal and political concerns…
Despite Tuesday's gain, GBP/USD is in its third straight week of trading between roughly 1.3200 and 1.3300, a range it has held since September 24. It climbed in steps from just above 1.3200 to a high…
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trad…
Goldman Sachs (GS) earned $17.01 a share in the third quarter against a forecast near $13.00. JPMorgan Chase (JPM) missed on profit and revenue but raised its 2026 forecast for net interest income, wh…
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CNH price action as fading in downside momentum and now largely range-bound between 6.6900 and 6.7000 in the short te…
The dollar rallied significantly in September, with the DXY dollar index rising from 99 to the upper end of its 12-month trading range at around 102. Over the same period, EUR-USD fell from 1.17 to ar…
NZD/USD rebounds on Tuesday, trading around 0.5610 at the time of writing, up 0.42% on the day. The pair recovered some of its recent losses after hitting its lowest level since April 2025 near 0.5580…
Silver (XAG/USD) trades on the back foot on Tuesday, losing more than 1.5% as hawkish Federal Reserve (Fed) expectations and elevated US Treasury yields weigh on the non-yielding metal.
USD/CAD falls around 0.45% on Tuesday as US Dollar (USD) bulls take a breather ahead of Wednesday’s US inflation report.
Fresh downside pressure has weighed on the US Dollar (USD) on Tuesday, prompting it to recede from Monday’s fresh highs. The Greenback’s correction comes amid declining crude oil prices and mixed US T…
Societe Generale's strategists note that the INR has rallied further, with USD/INR looking to break below the 95 handle as the RBI intensifies its FX defense. The central bank extended FX curbs to GIF…
Gold price (XAU/USD) extends its losses on Tuesday as US Treasury yields resumed their uptrend, erasing previous losses, even though the US Dollar faces headwinds ahead of the release of US inflation …
The Federal Reserve left rates unchanged at 3.50%-3.75%, with a 7-3 vote split and three policymakers voting in favour of a rate hike. At the June meeting, the decision to keep rates on hold was unani…
ING’s Francesco Pesole writes that EUR/USD is moderately undervalued versus short-term fundamentals, reflecting a persistent France-related risk premium that could widen if French bonds sell off furth…
OCBC strategists Sim Moh Siong and Christopher Wong argue the US Dollar (USD) remains supported by higher Oil prices, firm US yields and resilient Federal Reserve (Fed) expectations, but not yet break…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD slipping as the stronger US Dollar weighs on commodity currencies. Short‑term momentum has turned lower, with scope for a tes…
Gold (XAU/USD) reverses earlier gains on Tuesday as US Treasury yields recover after falling earlier in the day. With the US Dollar (USD) still under pressure, the metal trades little changed during A…