Thai Baht: Electronics boom offers limited FX support – MUFG
MUFG’s Lloyd Chan remains cautious on the Thai Baht, keeping the USD/THB forecast at 34.00 by year-end.
FX
British Pound slides after the Bank of England stays put
GBP/USD trades near 1.3350 on Thursday after a session low at 1.3336, its weakest since the end of July, and it has been under its 200-day average since Wednesday.
New Zealand Dollar gains ground as GDP growth beats expectations
NZD/USD rebounds on Thursday, trading around 0.5730 at the time of writing, up 0.35% on the day. The New Zealand Dollar (NZD) benefits from stronger-than-expected domestic growth data, allowing the pair to recover from …
Forex Today: US Dollar eases ahead of Bank of Japan decision
The US Dollar (USD) is ending Thursday softer. The US Dollar Index (DXY) hovers just above the 100.00 mark after climbing to a seven-week high earlier in the week. The sideways action follows Wednesday's decision by the…
Japanese Yen: Further weakness could target 157.30 against US Dollar - UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY surged above 156.30 to a high of 156.41, with momentum still modest but supportive of further gains. Intraday, the pair could test 156.50 while ho…
British Pound loses its footing as BoE hold meets Fed hike
The Pound Sterling (GBP) extends its losses on Thursday after the Bank of England's (BoE) decision to hold rates unchanged in a 6-3 vote, while leaving the door open for a potential hike. This, along with Wednesday Fede…
Dow Jones Industrial Average rebounds as Crude Oil and bond yields fall
The Dow Jones Industrial Average (DJIA) trades above 51,800 on Thursday, back over the 51,500 area it sold through on Wednesday, when the Federal Reserve (Fed) raised its rate for the first time in three years and the i…
Gold climbs over 2% as US Dollar trims post-Fed gains
Gold (XAU/USD) holds near its daily high on Thursday after rebounding sharply earlier in the day as the US Dollar trims some of its post-Fed gains. A cooldown in the Oil rally also pulls US Treasury yields away from the…
Gold Price Forecast: XAU/USD gains as oil rally eases, upside seems limited amid hawkish Fed bets
Gold price (USD) is up 1.15% to near $4,320 during the European trading session on Thursday. The precious metal gains as rally in oil prices cool down after Saudi Arabia mulls alternatives to ship energy products.
Euro falls below 179.00 as Japanese Yen strengthens ahead of BoJ
EUR/JPY falls 0.25% on Thursday, trading around 178.70 at the time of writing and snapping a three-day winning streak. The strengthening Japanese Yen (JPY) weighs on the cross as investors anticipate another interest ra…
British Pound falls vertically after BoE leaves interest rates unchanged at 3.75%
The British Pound (GBP) falls sharply against its peers after the Bank of England’s (BoE) monetary policy decision on Thursday. As of writing, the British currency gives back its early gains and turns marginally lower t…
Australian Dollar rebound offsets the hawkish Fed hike
AUD/USD rebounds near the 0.7110s area on Thursday after the pair spent recent sessions nursing losses on bets for a hawkish Federal Reserve (Fed). At the time of writing, the pair rises by over 0.40%, but the rebound h…
Euro: Stabilizing with policy support – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret say EUR/USD is stabilizing after Wednesday’s Fed decision, as improving Germany-US 2-year yield spreads and a hawkish ECB stance support the euro. With euro area inf…
FX Outlook: As Hawkish as It Gets
Spot Gold dropped $56.10 or 1.33% to $4,152.90 at 17:46 GMT Friday, extending the selling into the end of the week after the most consequential Fed meeting in months. For the week the metal lost 1.55%. This was not a ge…
Euro languishes below 1.1500 in the aftermath of Fed’s hawkish hike
The Euro (EUR) consolidates losses at one-and-a-half-month lows on Thursday, with the US Dollar (USD) still buoyed by the hawkish message sent by the Federal Reserve (Fed) after Wednesday’s monetary policy meeting. The …
Japanese Yen: Second order effects guide BoJ risks – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses USD/JPY around the upcoming Bank of Japan (BoJ) meeting, highlighting parallels between Federal Reserve (Fed) Chair Warsh’s comments and Governor Ueda’s challenge. Fo…
Canada’s Carney puts economic sovereignty at heart of strategic alliances
Canadian Prime Minister Mark Carney stressed on Thursday that Canada intends to remain a reliable international partner while strengthening its economic and technological sovereignty.
Asian currencies mixed as dollar holds seven-week high, yen steadies
As of May 7, 2026, the Japanese yen (JPY) has surged to a 10-week high, rising as much as 1.8% in minutes during Asian trading on May 6 and briefly breaking below 155.04 per dollar. This sharp spike has triggered fresh …
Gold struggles to build on recovery gains as hawkish Fed and Iran risks underpin USD
Gold (XAU/USD) sticks to its modest recovery gains through the Asian session on Thursday, though it lacks bullish conviction and trades below the $4,300 mark. The US Dollar (USD) touches a fresh high since late July ami…
Breaking: Bank of England keeps its policy rate at 3.75%
At its September meeting, the Bank of England (BoE) held its policy rate at 3.75%, as markets had anticipated. The vote, however, exposed a split on the Monetary Policy Committee (MPC) as three members supported a 25-ba…
India Gold price today: Gold rises, according to FXStreet data
The price for Gold stood at 13,226.30 Indian Rupees (INR) per gram, up compared with the INR 13,139.72 it cost on Wednesday.
US 10-Year Treasury Yield nears 5% after Fed rate hike, Middle East tensions raise inflation fears
United States (US) Treasury Yields erase an earlier decline during the early European session on Thursday. Federal Reserve (Fed) interest rate hike and escalating geopolitical tensions in the Middle East could lift US T…
Asian stocks edge higher as hawkish Fed, elevated yields and geopolitical cap upside
Shares edged higher in Asia on Thursday, tracking US stock futures, as traders digest the Federal Reserve's (Fed) hawkish tilt ahead of other key central bank events. The Bank of England (BoE) is scheduled to announce i…
Japan’s Katayama says expect BoJ to conduct appropriate monetary policy to achieve 2% price target
Japanese Finance Minister (FM) Satsuki Katayama said on Thursday that official will review budget requests, control debt issuance at a level that can gain market credibility. Katayama also expect the Bank of Japan (BoJ)…