Wednesday, 28 October 2026
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The Australian Dollar (AUD) is up 0.41% higher at around 0.6950 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair strengthens as the market sentiment turns risk-on due to United …
Gold (XAU/USD) attracts buyers for the second straight day on Friday amid a broadly weaker US Dollar (USD), though it remains confined in a two-week-old range. The USD Index (DXY), which tracks the Greenback against a b…
MUFG’s Michael Wan reports that Bank of Japan (BoJ) Board Member Junko Koeda has strengthened the case for further policy tightening. Koeda emphasized upside price risks, still-accommodative financial conditions and jud…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading around 101.90 during the Asian hours on Friday.
The Indian Rupee (INR) continues to outperform the US Dollar (USD) on the back of weakness in the Greenback and forceful Reserve Bank of India’s (RBI) measures to curb the US Dollar’s demand by Oil Marketing Companies (…
Gold price climbs after another US inflation report on Thursday. Although the snapshot of US wholesale inflation came in hotter than expected, it was already priced in by investors, who trimmed their hawkish bets on the…
The US Dollar (USD) has come under strong and renewed downside pressure on Thursday, briefly revisiting the area of multi-day lows amid the equally marked decline in US Treasury yields across the board and a generalised…
The USD/CHF pair struggles at 0.8250 on Thursday, diving below the 0.8300 figure as a ‘double top’ chart pattern looms on the daily chart, even though the overall trend is up. At the time of writing, the pair trades at …
An artificial intelligence (AI) stock rout has pushed money into Treasuries, and the Dollar Index gave back its gain on Wednesday's Consumer Price Index (CPI) print. It dropped from Wednesday's high just under 103.00, i…
ING’s team sees the Forint supported by fiscal consolidation expectations and steps toward Euro adoption, but warns that global factors such as higher energy prices, a strong US Dollar and eurozone bond market stress co…
USD/CAD loses nearly 0.30% on Thursday as falling US Treasury yields weigh on the US Dollar (USD). Concerns over debt-funded AI investments drive investors away from equities and into government bonds.
Christopher Wong at OCBC Bank highlights that Monetary Authority of Singapore (MAS) kept its appreciating S$NEER policy stance unchanged after two prior tightening rounds, with output gaps and inflation forecasts sugges…
Producer inflation in the United States (US), as measured by the change in the Producer Price Index, climbed to 6.3% in September from 5.6% in August. This print surpassed the market expectation of 5.3% by a wide margin.
ING’s Warren Patterson highlights that European natural gas (TTF) prices have reached their highest level since December 2022 as Persian Gulf LNG flows remain down about 80% year-on-year. He expects Asia and Europe to k…
EUR/USD trades on the front foot on Thursday as falling US Treasury yields weigh on the US Dollar (USD). However, the Euro’s (EUR) upside appears limited as stronger-than-expected US economic data reinforce hawkish Fede…
OCBC’s Sim Moh Siong and Christopher Wong note that hotter US CPI has revived Federal Reserve tightening fears, but the US Dollar’s rally has been constrained by reversing Treasury yields and AI-led equity weakness. The…
Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden said at the sidelines of the International Finance Annual membership meeting that the pass-on of energy price shock to wages seems unlikely, am…
EUR/CAD halts its three-day losing streak, trading around 1.5930 during European hours on Thursday. However, the currency cross may further face challenges as the Euro (EUR) could weaken amid French debt concerns.
Gold (XAU/USD) attracts fresh buying on Thursday as weakness across global equities, driven by mounting concerns over AI-related investments, triggers a sharp pullback in US Treasury yields and drags the US Dollar (USD)…
The US Dollar (USD) trades lower against the Japanese Yen (JPY) on Thursday as US Treasury yields extend their reversal from multi-decade highs after the Federal Reserve (Fed) cooled hopes of back-to-back interest rate …
West Texas Intermediate (WTI) declines after five days of gains, trading around $93.10 per barrel during Asian hours on Thursday. Oil prices experienced a decline as the Trump administration considers easing sanctions o…
The USD/JPY pair extends the previous day's rejection slide from the 159.00 neighborhood, or a three-week top, attracting some follow-through selling during the Asian session on Thursday. The downward trajectory drags s…
Gold (XAU/USD) maintains its intraday bullish tone through the first half of the European session on Thursday, looking to build on the momentum further beyond $4,150 amid a broadly weaker US Dollar (USD). The initial ag…
The AUD/USD pair attracts some selling in reaction to the disappointing Australian jobs data, dropping to a one-week low, below mid-0.6900s, during the Asian session on Thursday. However, a broadly weaker US Dollar (USD…
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