USD/CAD gains ground for the second successive day, trading around 1.4020 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) continues to gain ground, driven by market caution ahead of interest rate de…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7171 compared to the previous day's fix of 6.7162 and 6.6731 Reuters estimate.
Canadian Prime Minister Mark Carney said on Monday that the country has not changed its position in trade talks with the United States (US). Carney added that any progress made is because Washington moved closer to Cana…
Iran, Saudi Arabia, Pakistan, and Turkey agreed on Monday to continue security discussions and enhance regional cooperation following high-level talks held in Tehran, according to Islamic Republic of Iran Broadcasting (…
The GBP/USD pair remains depressed below mid-1.3300s during the Asian session on Tuesday, though it holds above the previous day’s swing low. The downside, however, seems cushioned as traders seem hesitant to place aggr…
Gold price (XAU/USD) rebounds to around $4,010, snapping the two-day losing streak during the early Asian session on Tuesday. The precious metal edges higher as easing oil prices temper inflation concerns ahead of this …
Silver (XAG/USD) price drifts lower by 0.42% on Monday after retesting last Friday’s low near $53.00, which buyers defended, sending XAG/USD back above $54.00 but below its opening price.
OCBC’s Christopher Wong notes USD/SGD drifted lower with the broader USD and US Treasury yields before paring losses, with external drivers back in focus after MAS’s October decision. The bank keeps a constructive mediu…
GBP/JPY rises over 0.20% on Monday as market sentiment is positive amid a potential de-escalation of the Middle East conflict and US equity markets trading in the green, with Anthropic, an AI company, filing for an IPO.…
The US Dollar (USD) has started the week in an auspicious fashion, further extending its recovery to the area of multi-day highs. The Greenback’s extra strength has followed a mixed tone in US Treasury yields amid a gen…
The Mexican Peso (MXN) registers gains against the US Dollar (USD) on Monday, as USD/MXN edges down 0.57% amid improving risk appetite and US tech stocks rising on Anthropic's IPO filing, while the Greenback posts solid…
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TD Securities’ Ryan McKay and Bart Melek note that Gold’s long-term bull thesis is being challenged as prices oscillate around the key $4,000/oz level.
Deutsche Bank economists Sanjay Raja and Maui Brennan assess UK Autumn Budget leaks suggesting Chancellor Healey will deploy Public Financial Institutions (PuFins) more aggressively than assumed. FT and Times reporting …
Societe Generale’s research team expects Euro area Gross Domestic Product (GDP) for 3Q26 to grow modestly, highlighting resilience despite high energy prices and adverse summer weather. Country-level forecasts show Spai…
The US Dollar Index (DXY) edges higher on Monday as traders reposition ahead of a busy week of central bank decisions across major economies that could trigger sharp market swings.
Brown Brothers Harriman’s (BBH) Elias Haddad notes the European Central Bank (ECB) is expected to hold rates at 2.50%, with markets still pricing a strong chance of a December hike to 2.75%. While contained core inflati…
Societe Generale’s technical team notes EUR/CHF has broken a multi-month ascending trend line and briefly slipped below its 200-day moving average, forming an interim low near 0.9195. They see a rebound developing but s…
China growth improves. China’s economy expanded 4.5% y/y in Q3, above the 4.4% forecast and up from 4.3% in Q2. September industrial production accelerated to 5.5%, while retail sales rose 1.1% vs 0.5% expected. The imp…
The Euro (EUR) bounces up against the British Pound (GBP) on Monday, favoured by a somewhat brighter market sentiment, as Oil prices retreat from six-month highs and France’s debt rating spared a downgrade over the week…
The dollar is starting a busy week relatively supported. It is a week that includes key events such as Wednesday's FOMC meeting, third-quarter earnings from big tech companies and geopolitical events, including tomorrow…
HSBC Asset Management discusses how the AI-led tech sell-off exposed fragility in mega-cap indices like the S&P 500 and Nasdaq. The report argues that equal-weighted benchmarks and left-behind sectors could benefit if A…
The FX market spent most of the week doing what it has done remarkably well all year: making the major pairs look deceptively calm while the real action was taking place underneath the hood on the not-so-sleepy crosses.
The Indian Rupee (INR) extends its losing streak against the US Dollar (USD) for the third trading day on Monday. The USD/INR pair jumps to near 95.20 as the Indian currency faces pressure due to elevated oil prices.