USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy rate only last week, and a hike is meant to put a floor under a currency, not watch it sl…
Lloyd Chan at MUFG argues that Thai Baht (THB) weakness, despite lower Oil prices, reflects its low-yield profile and the Bank of Thailand’s (BoT) growth-focused stance, which limits tightening scope. Rising United Stat…
The US Dollar Index (DXY) trades near 101.60 on Wednesday, at a one-year high as markets looked ahead to Thursday’s United States (US) Personal Consumption Expenditures Price Index (PCE), the Federal Reserve’s (Fed) pre…
Societe Generale’s Emerging Markets (EM) strategists say the Brazilian central bank, Banco Central do Brasil (BCB) minutes support an easing cycle with pauses to guide inflation back to 3% by 1Q28, leaving USD/BRL appro…
Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is only fractionally weaker versus the Dollar (USD) but is outperforming across G10 crosses, reflecting market caution over potential off…
The Dow Jones Industrial Average (DJIA) pushed into fresh record territory again on Wednesday, but the way it got there is worth a second look. The index added roughly 1% and closed near 52,200, just below the all-time …
OCBC’s Sim Moh Siong and Christopher Wong note USD/SGD has drifted higher on broad US Dollar (USD) strength and softer risk sentiment, with daily momentum bullish and Relative Strength Index (RSI) overbought. Softer Sin…
Silver (XAG/USD) extends its correction on Wednesday and trades around $58.75 at the time of writing, down 4.62% on the day after hitting a fresh low not seen since December 2025. The white metal remains under significa…
The GBP/JPY cross came under pressure near the 213.00 level on Wednesday as the British Pound weakened after United Kingdom (UK) Prime Minister Keir Starmer announced he would stand down as Labour Party leader and Prime…
BNY’s Geoff Yu highlights that IMM volume is concentrated in commodity currencies, with AUD, NZD and NOK leading recent adjustments. NOK and CAD are seeing outflows linked to Oil sensitivity and modest Norges Bank tight…
USD/CAD climbs to fresh highs since April 2025 on Wednesday as the Canadian Dollar (CAD) faces a double blow from a stronger US Dollar (USD) and weaker Oil prices.
EUR/USD extends its decline on Wednesday and trades around 1.1340 at the time of writing, down 0.39% on the day, as the US Dollar (USD) benefits from renewed support driven by expectations of additional monetary tighten…
MUFG’s Lloyd Chan notes that MYR has underperformed since the June FOMC as higher US yields and wider US-Malaysia rate differentials weigh on the currency. While the bank’s medium-term constructive view on the ringgit r…
Standard Chartered’s Saabir Salad emphasizes that subdued inflation, aided by a strong Hungarian Forint (HUF) and government measures, has allowed the National Bank of Hungary (NBH) to turn more dovish. Salad cuts his 2…
West Texas Intermediate (WTI) crude Oil extends its decline on Wednesday, falling more than 3% as stranded crude cargoes in the Strait of Hormuz gradually return to the market following an interim peace agreement betwee…
Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is softer against the US Dollar (USD) but relatively resilient versus G10 peers, with declines tied to shifting Fed expectations and s…
The Swiss Franc (CHF) slides to its weakest level in more than ten months on Wednesday as hawkish Federal Reserve (Fed) outlook boosts the US Dollar (USD). At the time of writing, USD/CHF trades around 0.8126, extending…
European Central Bank (ECB) Executive Board member Isabel Schnabel said on Wednesday that from the present perspective, further interest rate hikes are needed to bring inflation back to the central bank’s 2% target.
2026 looks set to be another interesting year for Asian economies, with likely divergences in their respective policy and growth paths which can lead to a variety of market outcomes. We explore them in our 2026 Asia Out…
U.S. stocks ended higher on June 12, 2026, with the Dow Jones Industrial Average gaining approximately 382 points, as declining oil prices, improving sentiment regarding developments in the Middle East, and strong inves…
The semiconductor market in early 2026 is experiencing a dramatic reversal that has caught many investors off guard. While Nvidia and other GPU makers trade sideways, memory stocks like SanDisk, Micron, and Western Digi…
Investing.com -- Citigroup raised its KOSPI target to 10,000 from 8,500, citing continued memory earnings growth and strong fiscal stimulus by the South Korean government, according to a Citi research note.
The childhood admonition based on fables, ‘be careful what you wish for’ has been a preached for centuries. It’s ironic to see it come true for one of the two leading US AI companies this AI Tech Wave in recent days.
We use cookies to improve your experience and analyse site traffic. By continuing to browse, you agree to our use of cookies.