PBOC sets USD/CNY reference rate at 6.7670 vs. 6.7698 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7670 compared to the previous day's fix of 6.7698 and 6.7051euters estimate.
FX Desk
Canadian Dollar consolidates near 1.3900 as oil gains offset bullish USD ahead of Fed
The USD/CAD pair holds steady near the 1.3900 mark during the Asian session on Tuesday, stalling the previous day's modest pullback from a nearly two-week top. Traders, however, seem hesitant to place…
Iran's President Pezeshkian: Our demands are the same as our previous demands
Iran's President Masoud Pezeshkian said on Monday that Tehran is not at war with Saudi Arabia. Pezeshkian added that Iran’s demands for negotiation with the United States (US) are the same as our prev…
Gold remains vulnerable near one-month low, below $4,300 amid Fed hike bets, bullish USD
Gold (XAU/USD) trades with a mild negative bias below the $4,300 mark heading into the European session on Tuesday and remains close to an over one-month low, which it touched the previous day. The do…
Japanese Yen weakens as Fed rate hike looms
The USD/JPY pair gains ground to near 154.55 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders ramp up their bets on a US interest ra…
WTI rises above $98.50 amid Middle East supply fears
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $98.60 per barrel during the Asian hours on Tuesday. Crude oil prices appreciate as traders cont…
Saudi Arabia issues emergency alert for Khamis Mushait, Abha
Saudi Arabia's Civil Defense on Monday issued emergency alerts for the Khamis Mushait Governorate and Abha City. The officials then lifted the warnings shortly after, urging residents to continue foll…
Australian Dollar gets caught between AI selloff and 5% US yields
The Aussie Dollar registered losses of over 0.73% on Monday as sentiment soured due to a fall in technology shares, along with heightened tensions in the Middle East, high energy prices, and a jump in…
Gold falls below $4,300 as higher US yields bolster Fed rate hike bets
Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expecta…
USD/CAD Price Forecast: Buyers challenge 100-day SMA after double-bottom formation
USD/CAD edges higher on Monday as Fed rate hike expectations lift the US Dollar (USD) to a nearly two-week high, while rising Oil prices provide little support to the commodity-linked Canadian Dollar …
US Dollar Index: Fed pricing supports gains – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is firm at the start of FOMC week as swaps now price an 85% chance of tightening on Wednesday. They highlight that US Dol…
The Dollar Index climbs on Fed hike bets and stalls at its usual ceiling
The Dollar Index trades near 99.50, up 0.4% on the day, and it made the whole of that gain while America was asleep. A 5% Treasury yield sounds like the best thing that could happen to the Dollar, and…
Japanese Yen weakens at the start of a central bank-heavy week
USD/JPY climbs on Monday as US Dollar (USD) demand picks up ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday.
Bank of America CEO sees at least 10% drop in Q3 investment banking fees
The precious metal closed at $4,042.03 after hitting an intraday peak of $4,059.31, extending gains that have made it one of 2025's best-performing assets with a 52% year-to-date surge.
Euro slides against the Pound as a UK jobs test looms
EUR/GBP slides on Monday, trading around 0.8560 as the Euro (EUR) side of the cross is underpinned by a European Central Bank (ECB) that remains hawkish. The pair hit a two-week low of 0.8554 earlier …
British Pound buckles as US yields rise puts Fed in command
The British Pound (GBP/USD) tested five-week lows of 1.3464 and trimmed some of its earlier losses on Monday, but it remains in the red, down 0.23% amid a light economic docket in the US and the UK as…
US Dollar’s Turn to Get a Monetary Policy Lift
The US dollar, which has spent months trading in a narrow range, could be poised for a stronger move higher as investors increasingly expect the Federal Reserve to focus on rising inflation risks rath…
Visa and Mastercard shares fall on UK payments rival report
Year to date, Mastercard Incorporated MA shares have declined 14.9%, trailing rival Visa Inc. V, which is down 8.9%, while American Express Company AXP has lost 15.6%. The broader industry dropped 17.…
Euro falls as higher Oil prices support Canadian Dollar amid mixed inflation data
EUR/CAD declines to around 1.6060 on Monday at the time of writing, down 0.17% on the day. The Canadian Dollar (CAD) benefits from the sharp rise in Oil prices, while the latest Canadian inflation dat…
ECB’s Schnabel: Recent energy-price developments have been quite concerning
European Central Bank (ECB) Executive Board member Isabel Schnabel said recent energy-price developments have been "quite concerning" as officials consider further interest-rate increases after last w…
AUD/USD Price Forecast: Aussie bears aim for a key support area around 0.7110
The Australian Dollar (AUD) resumed its downtrend against the US Dollar (USD) on Monday, weighed by the risk-off market mood, as Oil prices consolidate above $100, and rising bets that the Federal Res…
AirBaltic files for Chapter 11 bankruptcy as Iran war costs bite
A data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
Brent jumps above $104 as fresh supply threats rattle Oil markets
Brent Oil gains on Monday and trades around $104.20 at the time of writing, up 2.49% on the day. Oil prices benefit from a renewed geopolitical risk premium as tensions in the Middle East revive conce…
USD/CAD Price Forecast: US Dollar gains momentum and targets 1.3940 area
US Dollar (USD) appreciates for the fourth consecutive day against the Canadian Dollar (CAD) on Monday, as rising bets of a Federal Reserve (Fed) rate hike on Wednesday offset the traditional positive…