The Euro’s (EUR) modest upside attempt against the US Dollar (USD) witnessed during Wednesday’s Asian session has been short-lived. The EUR/USD pair was capped below 1.1420, before pulling back to levels a few pips abov…
Derek Halpenny at MUFG explains that US trade tariff uncertainty is set to re-emerge as Section 122 measures expire and are replaced by more targeted Section 301 actions. He expects widespread investigations and tariffs…
Commerzbank’s Antje Praefcke highlights recent confusion in Norway after delayed core inflation data and an unexpected slowdown in both headline and core rates. Despite Norges Bank’s earlier hawkish tilt and a policy ra…
The Japanese Yen (JPY) attracts significant bids against its major currency peers during the European trading session on Wednesday. The USD/JPY pair falls vertically to near 162.65, but quickly recovers some losses and …
Dow Jones futures lose 0.30% to trade around 52,290 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.38% and 0.85%, trading near 7,520 and 29,070, respectively.
USD/CHF continues its winning streak for the third successive day, trading around 0.8130 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support from growing risk aversion tied …
Societe Generale strategists analyze the Hungarian Forint (HUF) after the central bank of Hungary, Magyar Nemzeti Bank (MNB) cut its policy rate to 5.75% and signalled more easing. They expect a 5.0% terminal rate by ye…
Gold (XAU/USD) maintains its bid tone heading into the European session and currently trades just below a two-week high, set earlier this Wednesday. The US Dollar (USD) drifts lower following a four-day uptrend amid hop…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $84.90 during the early European trading hours on Wednesday. The WTI rises as rising tensions in the Middle East raise fears of further disrup…
US President Donald Trump approved a landmark agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program, the Wall Street Journal reported …
The price for Gold stood at 12,778.83 Indian Rupees (INR) per gram, up compared with the INR 12,628.91 it cost on Tuesday.
Yemen’s Houthis said that they have closed the Bab el-Mandeb Strait to Saudi-linked shipping in retaliation for the kingdom’s blockade on Yemen and a recent attack on the international airport in Yemen’s rebel-held capi…
USD/IDR inches higher after six days of gains, trading around 17,960 during the Asian hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles ahead of Bank Indonesia’s (BI) upcoming policy deci…
The Indian Rupee (INR) opens lower against the US Dollar (USD) on Wednesday after a slight relief the previous day. The USD/INR pair rises to near 96.53 as a fresh surge in oil prices due to intensifying fears of furthe…
The AUD/USD pair struggles to capitalize on a modest Asian session uptick and extends its sideways consolidative price move around the 0.7000 psychological mark on Wednesday.
The AUD/USD pair gathers strength to near 0.7010 during the early Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) as the likelihood of the Reserve Bank of Australia …
Gold price (XAU/USD) gains ground to around $4,080 during the early Asian session on Wednesday. The precious metal rebounds as safe-haven demand intensified globally after retreating to the $4,000 psychological level in…
The United States Central Command (CENTCOM) said that it completed another night of attacks that targeted “military operations centers, maritime capabilities, aircraft hangars, drone storage facilities, and military log…
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the authorities will take necessary steps on the foreign exchange if necessary.
Dell Technologies (DELL) was viewed as a mature PC and enterprise hardware company fighting for relevance in a rapidly changing tech landscape. Now, the artificial intelligence (AI) boom is rewriting that story. On Thur…
The Australian Dollar spent Tuesday doing a convincing impression of movement, climbing from just below the 0.7000 handle to a session high short of 0.7050 before handing the entire advance back through the North Americ…
USD/CAD trades just above the 1.4100 handle into the North American afternoon, up around a fifth of one percent and on track for a second consecutive daily advance. The recovery follows the July slide from the year's hi…
A Reuters poll revealed that the Federal Reserve is most likely to keep interest rates unchanged for the rest of the year as it battles stubbornly high inflation that has remained above the Fed’s 2% goal for at least 5 …
The GBP/JPY consolidates around 218.20 as the Pound Sterling loses momentum amid the new PM, Andy Burnham, taking office. Fears of a possible intervention by Japanese authorities capped the cross-pair advance, which rem…
