WTI spikes amid escalating Middle East Tensions
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $79.60 per barrel during the Asian hours on Tuesday. Crude oil prices rise due to mounting suppl…
FX Desk
Vault and Genesis agree to merge and create $8.71 billion Australian gold producer
July 14 (Reuters) – Genesis Minerals has agreed to acquire smaller peer Vault Minerals in a deal that would create Australia’s third-largest gold producer with a market capitalisation of around A$12.6…
Swiss Franc advances as US Dollar slips despite Fed rate hike odds
USD/CHF declines after two days of gains, trading around 0.8140 during the Asian hours on Tuesday. Traders will likely observe the Swiss Producer and Import Prices data for June due later in the day.
NZD/USD Price Forecast: Hits four-week top on hawkish RBNZ; eyes 0.5810-0.5820 confluence
The NZD/USD pair catches aggressive bids during the Asian session on Tuesday and jumps to a nearly four-week top in the last hour amid a combination of supporting factors.
Gold bounces off two-week low as USD bulls turn cautious ahead of US CPI, Fed's Warsh
Gold (XAU/USD) recovers slightly from a nearly two-week low, touched during the Asian session on Tuesday, and climbs back above the $4,000 psychological mark, though the upside potential seems limited…
Japan’s Katayama floats GPIF review, retail bond push to bolster local markets
Comprehensive information about the JPY USD (Japanese Yen vs. US Dollar). You will find more information by going to one of the sections on this page such as historical data, charts, converter, Techni…
Iranian missiles hit two UAE tankers in Hormuz — Reuters
The United Arab Emirates (UAE) Ministry of Defence said that two UAE national tankers, the Mombasa and Al Bahiyah, were targeted by two Iranian cruise missiles in the southern lane of the Strait of Ho…
British Pound strengthens above 1.3350 ahead of US CPI data
The GBP/USD pair trades in positive territory around 1.3360 during the Asian trading hours on Tuesday. However, the potential upside for the major pair might be limited amid fears of an escalating US-…
China: Prolonged stagnation path – Commerzbank
Commerzbank’s Dr. Henry Hao argues China’s housing downturn, now in its fifth year, is settling into an L-shaped stagnation with a pronounced K-shaped regional divergence. The report highlights persis…
Gold tumbles below $4,000 on Trump’s Iran port blockade move, US CPI data looms
Gold price (XAU/USD) remains under selling pressure near $3,995 during the early Asian session on Tuesday. The precious metal extends its downside as renewed US-Iran tensions keep inflationary pressur…
Iran’s IRGC says cooperation with 'aggressor enemy' in Hormuz will delay reopening of waterway
The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Tuesday that two 'offending supertankers' were hit and disabled in the Strait of Hormuz. IRGC said that tankers ignored warnings, turned o…
RBNZ's Conway: Inflation to return to 2% over medium term
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway said on Tuesday that the central bank is not discussing a shift to a tightened policy stance, adding that inflation is to return to 2% ov…
Riyadh Air in talks with Airbus and Boeing for widebody jets - Bloomberg
Saudi Arabia's flagship carrier is in talks with Boeing Co and Airbus SE for what could be its largest plane purchase yet, committing billions of dollars towards becoming a travel and tourism hub.
Chinese Yuan: Consolidation after sharper drop against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CNH fell more than expected to 6.7766 before rebounding, with the sharp decline seen stabilising and intraday consolidation likely between 6.7780 and…
Singapore Dollar: Upside risks with CPI and Warsh in view – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong observe that USD/SGD has turned slightly softer, tracking Renminbi (RMB) gains as the Dollar consolidates. They see risks skewed to the downside, wi…
Malaysian Ringgit: Johor result keeps policy continuity – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that Barisan Nasional’s strong win in Johor reinforces UMNO’s political momentum but leaves federal policy continuity intact, limiting immediat…
Chinese Yuan: Stronger fix guides gradual RMB gains – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that USD/CNH dipped after a stronger USD/CNY fix below 6.80, the first such level since February 2023. They read this as policymakers bein…
US states tap private law firm Milbank to fight Paramount-Warner Bros deal
Paramount has vowed to fight California’s lawsuit seeking to block its proposed $110-billion merger with Warner Bros. Discovery, arguing the deal would actually boost competition.
Euro slides as Waller warning, Iran strikes lift US Dollar
The shared currency begins the week on a lower note, down 0.31% as risk aversion fueled flows towards the US Dollar amid heightened tensions in the Middle East. Also, hawkish comments by a Fed officia…
NZD/USD Price Forecast: Kiwi holds below 200-day as bears target 0.5700
The New Zealand Dollar recoiled during Monday’s North American session, down 0.12%, as the Greenback posted gains versus most G8 FX currencies amid rising geopolitical tensions and hawkish comments fr…
Forex Today: US Dollar surges as Hormuz tensions send Oil to one-month high
The US Dollar Index (DXY) surges toward 101.30, gaining around 0.3% as escalating tensions between the United States (US) and Iran boost safe-haven demand and drive energy prices sharply higher. US Pr…
Taiwan: AI cycle and 2H outlook – DBS
DBS Group Research, led by Ma Tieying, assesses Taiwan’s AI-driven expansion and its implications for the 2H26 outlook. The bank notes that AI remains central for Taiwan’s technology-oriented economy …
British Pound Sterling buckles as Trump builds the Hormuz toll booth he swore would never exist
The British Pound Sterling is spending Monday learning the difference between a recovery and a reprieve. GBP/USD opened the week flush against its 200-day Exponential Moving Average (EMA), probed the …
Malaysian Ringgit: Johor result keeps policy continuity – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that Barisan Nasional’s strong win in Johor reinforces UMNO’s political momentum but leaves federal policy continuity intact, limiting immediat…