USD/JPY reverses its earlier gains on Thursday as traders hesitate to push the pair higher amid the risk of intervention by Japanese authorities. This allows the Japanese Yen (JPY) to regain some ground even as the US D…
Minneapolis Federal Reserve (Fed) President Neel Kashkari said on Thursday he is unsure about an October rate hike but added that he is “open-minded about how fast the Fed should raise interest rates.”
The odds of an October Fed rate hike have roughly halved since Monday, and the Dollar Index has risen on every one of those days. It trades near 102.10, its highest since April 2025. The index is moving with Crude Oil a…
USD/CAD trades around 1.4240 at the time of writing on Thursday, little changed on the day with a modest 0.07% gain. The pair remains supported by the strength of the US Dollar (USD), as United States (US) Treasury yiel…
Minneapolis Federal Reserve (Fed) President Neel Kashkari told Bloomberg on Thursday that if they keep raising rates, they will put different pressure on different parts of the economy, per Reuters.
In September, the US manufacturing sector lost some momentum. Indeed, the ISM Manufacturing PMI weakened to 54.5 in September from 54.6, below analysts' prediction of 55.
Here are comments delivered by United States (US) Donald Trump in an interview with Time Magazine.
The Japanese Yen (JPY) underperforms its currency peers on Thursday, with the USD/JPY pair trading 0.55% higher to near 158.40. The Japanese currency trades lower as traders trim Bank of Japan (BoJ) interest rate hike e…
AUD/USD falls to around 0.6910 on Thursday at the time of writing, down 0.48% on the day. The Australian Dollar (AUD) loses ground against the US Dollar (USD) despite the Reserve Bank of Australia’s (RBA) decision to ra…
The shortage pushing Crude Oil higher on Thursday is in diesel, gasoline and jet fuel, not in the barrels refiners buy to make them. Crude Oil has turned an early loss into a rally to near $91.50 since reports that Chin…
The Pound Sterling (GBP) dives by over 0.44% on Thursday, as business activity in the manufacturing sector remains solid in the US, while US jobs data confirmed the strength of the labor market. Consequently, this pushe…
The New Zealand Dollar (NZD) keeps depreciating against the US Dollar (USD) on Thursday, hammered by a perfect storm of risk aversion, high Oil prices, and escalating US Treasury yields that have boosted the Greenback a…
Brown Brothers Harriman’s Elias Haddad highlights a resilient US economy underpinning Dollar strength, with the DXY at new cyclical highs. Upward revisions to US Q2 GDP and strong Q3 estimates from the Atlanta Fed GDPNo…
Gold (XAU/USD) treads water on Thursday as a stronger US Dollar (USD) and soaring US Treasury yields limit the upside. At the time of writing, XAU/USD trades around $4,167, up 0.26% on the day, as the precious metal str…
The Australian Dollar (AUD) trades higher against its risky peers, but is down versus safe-haven peers during the European trading session on Thursday.
Heritage Auctions numismatist Rene Alvarenga discovered an unannounced “July 4th” privy-mark 2026 Donald J. Trump $1 coin inside an Advanced Delivery roll, according to CAC Grading.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – comes under some renewed selling pressure during the Asian session on Thursday, reversing the previous day's modest recovery gains. The commodity, howev…
USD/CHF continues its winning streak for the seventh consecutive trading day, reaching its fresh 16-month high of 0.8367 during Asian hours on Thursday. The currency pair appreciated as the Swiss Franc (CHF) lost ground…
Following the choppy action seen on the last day of the third quarter, the US Dollar (USD) holds its ground against its rivals in the European morning on Thursday. The US economic calendar will feature weekly Initial Jo…
The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade. The antipodean outperforms even as market expe…
The GBP/USD pair trades in negative territory around 1.3250 during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the US Dollar (USD) amid widening monetary policy divergence b…
Gold (XAU/USD) builds on the steady intraday ascent heading into the European session on Thursday and reverses the previous day's modest losses, though the upside potential seems limited. The US Dollar (USD) climbs to a…
The Indian Rupee (INR) weakens against the US Dollar (USD) on Thursday after an upside move the previous day. The Indian currency faces selling pressure as United States (US) Treasury Yields extend their rally, supporti…
US President Donald Trump unveiled a $200 billion investment plan from South Korea, $54 billion of which is slated to go to a liquefied natural gas (LNG) project in Alaska, Reuters reported on Thursday.
