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The USD/JPY pair attracts some dip-buyers at the start of a new week and climbs to the 157.75 area during the Asian session, reversing a part of Friday's retracement slide from the vicinity of a multi…
Trump administration officials have claimed that they are saving Americans over $1.3 trillion by ending regulation of greenhouse gas emissions from cars and trucks. But the figure does not incorporate…
Societe Generale describes a limited impact from President Xi’s US visit, with no new tariff cuts or AI dialogue mechanism agreed as the trade truce was only extended to January. USD/CNY rebounded aft…
Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday the two sides of the Fed's dual mandate are not in conflict. She said that “high inflation complicates economic planning,” and tha…
OCBC strategists Sim Moh Siong and Christopher Wong report that Asian FX traded broadly softer as higher Oil prices and rising US Treasury yields hurt risk sentiment, with Indonesian Rupiah (IDR) unde…
Societe Generale notes the Korean Won has been one of Asia’s standout performers, with USD/KRW slipping from around 1,390 to 1,360 as local exporters sold Dollars ahead of the Chuseok holiday. The ban…
US Treasury yields turned mixed on Friday as the long-end of the curve, the 20s and 30s, posted gains while the short-end and the belly of the yield curve retreated to multi-year high levels. The US 1…
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/CNH as consolidating after a move to 6.7200, with momentum slowing in the very near term. For the coming days and weeks, they see the pair likely trad…
Peak Fed hawkishness is likely behind us following the release of a soft June CPI inflation print. This reinforces our view that the Fed will keep rates on hold through the second half of 2026.
ING’s Asia-Pacific research notes that South Korea’s upcoming data should show stronger industrial production and a widening trade surplus, even as export and import growth moderates. Technology and s…
The British pound (GBP/USD) settled at 1.3216 in New York trading on Thursday, September 24, down 0.17% from Wednesday's close of 1.3239, marking its lowest finish since late June. The pair traded bet…
European Central Bank (ECB) Vice President Boris Vujcic said on Friday that the ECB started a tightening cycle and sees a “risk of higher for longer energy prices." He added that diesel prices will st…
The Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday that “the biggest risk with inflation is the formation of an inflationary mindset”, in a panel discussion hosted by the Clevel…
The Pound Sterling (GBP) trims some of its weekly losses, gaining over 0.18% against the US Dollar (USD) on Friday as the Greenback takes a breather, even as US Treasury yields continue to rise. The j…
EUR/USD edges higher on Friday as the US Dollar (USD) pauses after a strong weekly rally, allowing the Euro (EUR) to recover some ground. However, the pair remains on track for a third consecutive wee…
ING economists Deepali Bhargava and Lynn Song expect the Reserve Bank of Australia (RBA) to raise rates by 25bp, citing a still-hot economy, tight labour market conditions and upside surprises in Gros…
OCBC strategists Sim Moh Siong and Christopher Wong highlight that resilient US data, sticky inflation and elevated energy prices are pushing US Treasury yields higher and supporting the US Dollar.
AUD/USD edges higher on Friday, trading around 0.7025 at the time of writing, up 0.20% on the day.
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Canadian Dollar (CAD) is flat versus the US Dollar (USD) and lagging most G10 peers. They highlight that wider US–Canada yield sprea…
Societe Generale’s Morning Briefing reports EUR/USD traded between 1.1359 and 1.1387 overnight and is on course for a second weekly drop. The defence of the 100‑week moving average at 1.1356 and overs…
The Reserve Bank (RBNZ) has held its benchmark official cash rate (OCR) unchanged at 2.25 percent, as it forecast inflation to break above 4 percent but said it did not want to hurt the economic recov…
New York Federal Reserve (Fed) Bank John Willams said in a panel discussion at Oxford University on Friday that although tariffs and higher energy prices don’t to a sustainable inflation. However, rep…
UOB’s Quek Ser Leang and Lee Sue Ann report that GBP/USD extended its sharp decline to 1.3205, leaving conditions deeply oversold but with the bias still pointing lower. They see scope for a test of t…
Commerzbank’s India section notes September flash PMIs pointing to stronger end-Q3 activity, with both manufacturing and services indices well above 50. Domestic demand is robust, but elevated input a…