Independent coverage of UK markets, FCA policy and institutional trading
Standard Chartered’s Edward Lee expects the Monetary Authority of Singapore (MAS) to deliver another very slight tightening in October, raising the SGD NEER slope to 1.5% from 1.25% while keeping the …
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Euro (EUR) is underperforming major currencies, with EUR/USD briefly hitting 1.1161, its lowest since May 2025. Elias Haddad flags France’s bud…
USD/CAD reverses its earlier gains on Monday as the Canadian Dollar (CAD) outperforms its major peers, while the US Dollar (USD) consolidates after mixed US business activity data. At the time of writ…
Spain has now added another political log to the fire with snap elections scheduled for late November. On its own, Spain probably would not have been enough to knock the euro lower, but markets alread…
The Pound Sterling dives by over 0.19% against the US Dollar at the beginning of the week, despite a dip in US services sector activity and elevated US Treasury yields. underpins the Greenback. The GB…
The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve's (Fed) rate path.
United Overseas Bank (UOB) strategist Quek Ser Leang reports AUD/USD closed at 0.6951 after a brief spike to 0.6976, with intraday price action expected to stay between 0.6930 and 0.6975. He judges th…
The British Pound (GBP) claws back some of its early losses against the US Dollar (USD), but is still 0.15% down to near 1.3220 during the European trading session on Monday. The GBP/USD pair recovers…
Gold (XAU/USD) starts the week with a mild positive bias but remains rangebound, caught between easing Federal Reserve (Fed) interest rate hike bets and a stronger US Dollar (USD). US Treasury yields …
United Overseas Bank (UOB) strategist Quek Ser Leang notes GBP/USD recovered to 1.3238 after failing to extend Thursday’s decline, but intraday gains are expected to stay within 1.3215–1.3265. Over th…
DBS strategist Philip Wee explains that EUR/USD’s four-week decline reflects shifting risk balances, with renewed Federal Reserve (Fed) tightening overshadowing the European Central Bank (ECB) and Fra…
ING’s Warren Patterson notes that ICE Brent has repeatedly dipped below $100/bbl but continues to settle above this level as the market weighs conflicting supply and geopolitical factors. Higher oil f…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts sellers for the second straight day on Monday and sticks to its intraday losses around the $89.00 mark through the early Eur…
The USD/CAD pair gathers strength to around 1.4280 during the early European trading hours on Monday. Oil prices fall as rising crude exports from the Middle East and G7 nations' release of oil add to…
The Euro has fallen to its weakest level in over seven months against the US dollar, slipping below 1.1440 on Friday amid fresh escalations in the US-Israel-Iran conflict, sending energy markets into …
The EUR/GBP cross attracts some sellers to around 0.8475 during the early European trading hours on Monday. The Euro (EUR) softens against the British Pound (GBP) as fiscal concerns in France in the w…
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) after an extended weekend. Indian markets were closed on Friday due to Mahatma Gandhi Jayanti.
France is no longer being treated by markets as an unquestionably "core" European sovereign. The clearest warning is coming from government bonds: investors are demanding a larger premium to lend to F…
The Japanese Yen (JPY) nurses marginal losses against the US Dollar (USD) on Monday but remains trading within previous ranges, with downside attempts limited as Japanese Prime Minister Sanae Takaichi…
Crude oil exports from the Middle East exceeded pre-war levels in four of the seven days of the final week of September despite attacks on vessels passing through the Strait of Hormuz, according to pr…
The Euro (EUR) underperforms its major currency peers at the start of the week, weighed down by increased fiscal risks in France amid surging costs on public finances and political instability.
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings.
WASHINGTON, Sept 23 (Reuters) - FBI data allegedly stolen by the hacking group ShinyHunters carries granular detail about scores of bureau officials’ job assignments, including sensitive work against …
The AUD/USD pair edges higher to around 0.6955 during the earlyAsian session on Monday. Weaker-than-expected US jobs data weighs on the US Dollar (USD) against the Australian Dollar (AUD). Traders awa…