USD/IDR remains subdued for the fourth successive day, trading around 18,040 during the Asian hours on Monday. The pair experiences notable downside pressure as the Indonesian Rupiah (IDR) strengthens in response to enc…
The British Pound (GBP) underperforms its major currency peers, trading 0.1% lower at around 1.3470 against the US Dollar (USD) during the early European trading session on Monday. The GBP/USD declines as traders recons…
EUR/JPY extends its gains for the third successive day, trading around 179.40 during the Asian hours on Monday. The currency cross is extending a bearish near-term tone as price holds beneath both the nine-period and 50…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY declines amid improved…
German Retail Sales, a key measure of consumer spending, showed a downside in June. The consumer spending measure fell 1.1% month-on-month (MoM), according to official data released by Destatis, while it was expected to…
United Overseas Bank’s (UOB) Quek Ser Leang observes EUR/USD rebounded sharply after a dip to 1.1453, with scope to extend gains toward 1.1565 intraday, provided it holds above 1.1495. On a 1–3 week view, he sees potent…
The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR extends its losing streak for the third trading day, is down 0.25% to near 95.15, the lowest level seen in over thr…
AUD/USD depreciates after opening at a bullish gap, remaining in the positive territory and trading around 0.7030 during the Asian hours on Monday. The currency pair maintains its gains as the Australian Dollar (AUD) re…
The NZD/USD pair holds positive ground near 0.5890 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains firm despite the downbeat Chinese economic data. Traders will closely monitor the develop…
The AUD/JPY cross turns lower for the fifth straight day after a modest uptick to the 111.20 region on Monday and drops to its lowest level since early April during the Asian session. Spot prices currently trade around …
Japan's Finance Minister Satsuki Katayama said on Monday that Japanese authorities conducted coordinated Yen-buying intervention with the United States (US) on Friday, adding that officials will not hesitate to carry ou…
Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports tha…
The USD/JPY pair recovers some lost ground to near 157.65, snapping the three-day losing streak during the early Asian trading hours on Monday. Traders remain on high alert for further intervention from the US and Japan…
The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to boost oil production by 188,000 barrels a day (bpd) from September, against a backdrop of disruption caused by the Mideast war.
GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday. The currency pair may regain its footing as the US Dollar (USD) struggles under easing risk aversion, driven by hop…
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) eased to 50.9 in July from 51.7 in June the latest data published by RatingDog showed on Monday. The market forecast was for a 51.5 reading.
The USD/CAD pair kicks off the new week on a positive note, though it lacks bullish conviction and remains confined within Friday's broader range. Spot prices currently trade around the 1.4030 region, up less than 0.10%…
West Texas Intermediate (WTI) crude oil price gains ground after opening with a bearish gap, remaining nearly 7% down to trade around $79.30 per barrel during Asian hours on Monday. This sharp drop in oil prices followe…
Aug 2 (Reuters) - Italian cable maker Prysmian is in advanced talks to acquire U.S. electrical products maker Atkore, Bloomberg News reported on Sunday, citing people familiar with the matter.
The USD/JPY pair tumbles to near 155.45, the lowest since May 6, during the early Asian trading hours on Monday. The Japanese Yen (JPY) attracts some buyers following reports of more joint intervention by the United Sta…
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On July 31, South Korea's KOSPI index recorded a historic 17.91% single-day gain, driven by US AI sector strength and a short squeeze. Despite this, the index remains below pre-selloff levels. The market’s extreme volat…
Last month, when President Donald Trump signed an executive order “guaranteeing fair banking for all Americans,” he served notice of a coming federal crackdown.
Sports-related products are the fastest growing consumer category in China and participation in sports and exercise is at its highest level in decades. The overall sportswear market has ballooned 51% in the past five ye…
