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TD Securities commodity strategists Ryan McKay and Bart Melek note that crude Oil flows through the Strait of Hormuz are gradually normalizing, but around 10–11m b/d of Middle East production remains …
The USD/JPY pair trades within the historical intervention zone at 161.80 on Thursday, holding near multi-decade highs as the Japanese Yen remains slightly under pressure amid wide United States-Japan…
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JP…
The AUD/USD pair trades muted near the 0.6900 area on Thursday, with the Aussie struggling to gain amid a pullback in the US Dollar (USD) as investors digested the latest United States (US) inflation …
NZD/USD pauses a six-day losing streak on Thursday as the US Dollar (USD) eases following the latest US Personal Consumption Expenditures (PCE) data, which broadly matched market expectations. At the …
USD/CAD trades around 1.4205 on Thursday at the time of writing, down 0.21% on the day after recently reaching its highest level in 14 months. The pair is correcting lower as the Canadian Dollar (CAD)…
The USD/CHF pair stumbles on Thursday, losing 0.34% during the North American session, as the Greenback’s six-day rally stalls amid falling US Treasury yields, despite a red-hot US Core PCE inflation …
Gold (XAU/USD) price recovers on Thursday, up by almost 1% as the Greenback drops despite inflation data suggesting that a ‘higher-for-longer' scenario favors the Federal Reserve (Fed) holding rates s…
DBS Group Research economist Chua Han Teng expects the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% through 2026, after a second consecutive on-hold decision. The report highlight…
Gold (XAU/USD) shows signs of stabilization on Thursday as traders digest the latest US Personal Consumption Expenditures (PCE) Price Index, which came broadly in line with market expectations. At the…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on USD/SGD after the pair briefly touched 1.2991 before closing near 1.2980. They expect any intraday pullback to s…
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady ahead of Tokyo Consumer Price Index (CPI), where consensus expects a pickup in both headline and core inflation into the …
MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks. Revenue guidance far exceeded expectations and new strategi…
TD Securities strategists note the Bank of Canada’s (BoC) June Summary of Deliberations maintained its recent balancing act between higher Oil price spillover risks and domestic softness. Policymakers…
Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challe…
ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She arg…
The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, which is also an 11-month high. At the time of writing, the pair trades at…
Gold price (XAU/USD) tumbles to around $3,995 during the early Asian session on Thursday. The precious metal extends the decline to below the $4,000 psychological level for the first time since Novemb…
USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy rate only last week, and a hike is meant to put a floor under a curren…
GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1…
The USD/JPY pair trades on a flat note near a multi-decade high of around 161.75 during the early Asian trading hours on Thursday. The potential upside for the pair might be limited amid heavy specula…
The Euro retreated on Wednesday against the Japanese Yen, down 0.08% amid growing speculation that Japanese authorities may intervene in the foreign exchange markets and also inflation in the producer…
The EUR/USD pair declines to around 1.1355 during the early Asian trading hours on Thursday. The Euro (EUR) weakens to its lowest level since June 2025 against the US Dollar (USD) as traders increase …
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is strengthening on a higher-for-longer Federal Reserve (Fed) outlook, some haven demand and mixed global equities. US Do…