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 rate hike in Septembe…
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 bond yields. The A…
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 downside, however, re…
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 following official inst…
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 expectations that the US F…
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 previous demands.
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 17.5%, so MA isn't alo…
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 Dollar Index (DXY) is …
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 (CAD).
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 data do little to alte…
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 rather than interest ra…
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.
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Federal Open Market Committee (FOMC) to deliver a 25 bps hike to 3.75%-4.00%, its first move since July 2023, justified by above-target inflation and a solid labo…
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 New York has spent…
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 both countries' ce…
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 impact of higher O…
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 concerns over potential …
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 Reserve (Fed) will hik…
According to a Reuters poll, the survey on September 9 showed that 86 of 101 economists expect the Federal Reserve (Fed) to hike interest rates by 25 basis points (bps) to 3.75%-4.00% on September 16. This is a dramatic…
Canada’s August Consumer Price Index (CPI) figures will be the focus of attention when published on Monday. Indeed, Statistics Canada data will provide markets with an update on price pressures following the Bank of Can…
The Euro (EUR) is down 0.28% to near 1.1565 against the US Dollar (USD) during the European trading session on Monday. The major currency pair comes under pressure as traders have raised hawkish Federal Reserve (Fed) af…
The AUD/USD pair touches a one-and-a-half-week low, around the 0.7140 region during the Asian session on Monday, though it lacks follow-through. Spot prices currently trade just above mid-0.7100s, down nearly 0.25% for …
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the third consecutive day and trading around 99.30 during Asian hours on Monday.
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