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OCBC’s Sim Moh Siong and Christopher Wong note that USD/IDR has rebounded after a near 2% month-to-date pullback, with external factors such as elevated Oil prices and US rates remaining key drivers.
The USD/CHF pair trades near the top trendline of a bearish flag pattern on Thursday, holding steady at around 0.8134 after the release of softer inflation data on the producer side.
The PBoC will announce China's benchmark lending rates on Monday, after keeping them unchanged for 12 consecutive months, with the 1-year Loan Prime Rate at 3.00% and the 5-year Loan Prime Rate at 3.5…
Nomura economists note Norges Bank kept its policy rate at 4.25% in August despite softer CPI-ATE inflation. The bank still flags a possible further hike, but they now expect a November move, with ris…
Gold (XAU/USD) trades under pressure on Thursday after hitting a fresh two-month high of $4,449 during Asian trading hours. The metal fails to capitalise on softer-than-expected US Producer Price Inde…
DBS Group Research economist Philip Wee notes that softer US CPI and labour data kept DXY locked in a 99.4–100.1 range after the USD/JPY sell-off linked to joint US-Japan interventions. Markets sharpl…
Brown Brothers Harriman’s (BBH) Elias Haddad highlights USD/JPY trading just below 160.00 as Japan’s government signals support for faster Bank of Japan (BoJ) rate hikes, reinforcing narrowing US–Japa…
Group says ‘time is right’ to move on VodafoneThree less than a year after combining, buying out CK Hutchison and bulking up in its home market. Management cites progress on synergies, but jury’s out …
Rabobank's Senior FX Strategist Jane Foley discusses EUR/USD dynamics in light of shifting Fed rate hike expectations and Oil-related safe haven flows into the Dollar. Foley expects choppy range tradi…
Richmond Federal Reserve (Fed) President Thomas Barkin highlighted on Thursday the persistent uncertainty surrounding the US inflation outlook and monetary policy. According to Reuters, Barkin said it…
The action in financial markets remains relatively subdued early Thursday, with major currency pairs fluctuating within their narrow weekly ranges. In the second half of the day, weekly Initial Jobles…
There’s possibly more U.S.-Japanese intervention to support the yen, key economic data, and, whether the U.S. will accept an emerging interim deal being negotiated by Iran and Oman that would give Teh…
USD/IDR gains ground for the third consecutive day, trading around 17,920 during the early European hours on Thursday. The pair appreciates as the US Dollar (USD) recovers its daily losses amid escala…
TD Securities’ Bart Melek notes Gold extended gains after the July Consumer Price Index (CPI) matched expectations, reinforcing a dovish narrative around Fed Chair Warsh. With prices near $4,434/oz an…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note GBP/USD briefly traded above 1.3535 to 1.3540 before slipping back to close at 1.3496. Intraday, the pair is seen range-trading between…
BNY’s Geoff Yu argues that the July Fed meeting marked a peak in Dollar dehedging rather than an end to U.S. exceptionalism. Cross-border investors are rebuilding USD hedges, reducing effective unhedg…
Deutsche Bank strategists highlight that the S&P 500 closed just below its record high as US CPI data reduced urgency for further Federal Reserve hikes. Front-end Treasuries rallied and semiconductor …
The USD/CAD pair builds on the previous day's bounce from the 1.3900 neighborhood, or a two-month low, and gains follow-through positive traction for the second straight day on Thursday. The momentum …
August 13, 2026, 3:58 AM EDT. The UAE has reportedly unlocked billions of dollars in previously frozen Iranian assets, including 1.5 tonnes of gold flown out on UAE Royal Jet aircraft. This move saw B…
West Texas Intermediate (WTI), futures on NYMEX, trades 0.5% higher at around $82.10 during the European trading session on Thursday. The oil price reflects strength as fears of a prolonged energy sup…
Sterling spent the London morning building a case for a break and the rest of the session dismantling it, trading near 1.3495 after a high just short of 1.3550 and a loss of not quite a tenth of a per…
Reserve Bank of Australia (RBA) Assistant Governor Chris Kent said on Thursday that interest rate hikes are producing the expected effect.
DBS Group Research’s Radhika Rao reports that Indonesia’s onshore markets welcomed President Prabowo’s nomination of Deputy Governor Destry Damayanti as the next Bank Indonesia Governor. She stresses …
The Dollar has spent Wednesday grinding higher against the Yen with no headline to carry it, trading near 159.50 after a low just beneath 158.60 and a gain of under a tenth of a percent. Close to two …