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USD/JPY trades near 155.20 on Tuesday, rising for a second straight day and pulling away from the roughly seven-month low it set last week. A firmer US Dollar (USD) is doing the work, helped by a shar…
West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain. Saudi Arabia shut its East-West pipeline on Friday, and unti…
Commerzbank’s Volkmar Baur notes that Chinese growth remains export-led as domestic demand stays soft, with investment and retail sales under pressure and car sales slumping. While a rising trade surp…
The Euro (EUR) extends its losses against the US Dollar (USD) on Tuesday, sliding below the 100-day Simple Moving Average (SMA) at 1.1555, opening the door to further downside, with sellers setting th…
Commerzbank analysts report that USD/IDR extended gains as investors assessed the appointment of Suahasil Nazara as Indonesia’s new Finance Minister, the third in under two years. While markets took s…
Gold (XAU/USD) price holds firm on Tuesday, capped on the upside by solid resistance at the 100-day Simple Moving Average (SMA) at $4,328, while broad US Dollar strength and elevated US bond yields we…
The Mexican Peso (MXN) loses some ground against the US Dollar (USD) on Tuesday, with USD/MXN rising by over 0.09% amid a sour market mood and a stronger Greenback, ahead of the FOMC monetary policy d…
The US Dollar Index (DXY) gained to 99.60 mark on Tuesday, and the bond market drove the move. The 10-year United States (US) Treasury yield touched 5.04% for the first time since 2007, pulled higher …
USD/JPY extends its rebound on Tuesday and trades around 155.00 at the time of writing, up 0.41% on the day. The pair continues its recovery from levels below 153.00 reached last week, mainly supporte…
UOB’s Quek Ser Leang reports USD/JPY reversed earlier downside expectations, dipping to 153.29 before surging to 154.99 and closing at 154.35. The bank now sees scope for a move above 155.00, though 1…
Lockheed Martin (LMT -0.35%) posted Q1 earnings of $6.44 per share, missing estimates of $6.74, as heavy spending on production expansion and $1 billion in debt repayments weighed on results. Shares f…
TD Securities’ macro team, including Oscar Munoz and colleagues, expects the FOMC to deliver a 25bps hike, with the dot plot signaling fewer hikes than markets imply.
EUR/USD remains on the back foot on Tuesday as rising US Treasury yields support the US Dollar. However, the pair lacks strong follow-through selling as traders avoid placing large bets ahead of the F…
Deutsche Bank’s Chief UK Economist Sanjay Raja assesses latest United Kingdom (UK) labour market data as signalling a still weak backdrop, with employment struggling and vacancies falling.
Societe Generale economist Kunal Kundu notes that India’s headline Consumer Price Index (CPI) inflation rose to 4.8% year-on-year in August 2026, staying above the Reserve Bank of India ’s (RBI) 4.0% …
ING strategists Warren Patterson and Ewa Manthey say Gold has slipped as higher Oil prices stoke inflation concerns and reinforce expectations of a potential Federal Reserve rate hike, lifting Treasur…
The British Pound (GBP) extends losses against the US Dollar (USD) on Tuesday, with the GBP/USD pair hovering a few pips above five-week lows near 1.3465 at the London session opening times. Mixed UK …
Silver price (XAG/USD) is marginally lower to near $63.14 during the European trading session on Tuesday. The white metal remains under pressure as investors shift their focus to the Federal Reserve’s…
The Yen has finally reached the part of the rally where the easy money has probably already been made.
Commerzbank’s Michael Pfister argues that rising Oil prices have sharply lifted UK rate expectations, with markets now discounting four Bank of England hikes by mid-2027 versus just over one in June. …
The US Dollar (USD) gathers strength to a near two-week high around 99.60 in early European trading on Tuesday as surging oil prices pushed Treasury yields to fresh peaks since 2007. US Consumer Price…
Standard Chartered’s Chong Hoon Park and Nicholas Chia expect the Bank of Japan (BoJ) to deliver a 25bps rate hike in September but maintain a gradual normalisation path. They argue that USD/JPY is un…
Deutsche Bank’s Jim Reid reports that US equities weakened as AI slowdown headlines triggered a sharp selloff in semiconductor names, dragging the broader S&P 500 lower. The Philly Semiconductor Index…