The USD/CAD pair is seen buying on the previous day's solid rebound from the 1.4000 psychological mark, or its lowest level since June 17, and gaining positive traction for the second straight day on Tuesday. Spot price…
Commerzbank’s Dr. Henry Hao and Moses Lim report that Malaysia’s stronger-than-expected Q2 Gross Domestic Product (GDP) growth and subdued inflation support an unchanged policy rate of 2.75%. USD/MYR has remained within…
AUD/USD trades up around 0.2% on Monday and still cannot hold the figure that matters, climbing from near 0.6950 in early dealing, poking above the 0.7000 handle twice through the London and New York sessions, and getti…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7917 compared to the previous day's fix of 6.7948 and 6.7706 Reuters estimate.
The Swiss Franc loses ground against the Greenback in a trading session marked by CHF weakness amid improving risk appetite. At the time of writing, the USD/CHF trades at 0.8101, up 0.32%.
West Texas Intermediate (WTI) oil price extends losses for the second successive day, trading around $81.90 per barrel during the Asian hours on Tuesday. Oil prices decline as temporary diplomatic signals have emerged. …
OCBC strategists Sim Moh Siong and Christopher Wong see USD/CNH staying broadly rangebound as the People's Bank of China (PBoC) fixing continues to anchor moves. Softer US inflation has recently weighed on the Dollar wh…
FARNBOROUGH, England, July 21 (Reuters) - Airbus is on track towards its full-year target of 870 deliveries after a 15% increase in the first half of the year as engine supplies stabilised, CEO Guillaume Faury told CNBC…
USD/JPY changes hands near 162.50 on Monday after a session range of barely 40 pips, wedged between a floor just above 162.00 and a lid just beyond the half-handle. The pair sits within half a big figure of the cycle to…
TD Securities’ commodity strategy team highlights that, after a five‑week reduction in Copper longs, speculators have resumed adding net length, supported by firm Chinese premiums, low arrivals and inventory draws on th…
The Mexican Peso gains some ground versus the Greenback on Monday, up by 0.66% as risk appetite improves despite escalating tensions in the Middle East. At the time of writing, the USD/MXN trades at 17.43 after hitting …
The Dow Jones Industrial Average (DJIA) trades near the 52,000 handle on Monday, down roughly 100 points, while the S&P 500 adds 0.4% and the NASDAQ Composite climbs 0.9%, with all three coming off a losing week. The sp…
The US Dollar Index (DXY) rises around 0.2% toward 101.00 as higher United States (US) Treasury yields and escalating tensions in the Middle East support the Greenback. The benchmark 10-year Treasury yield advances towa…
Societe Generale’s Michael Haigh and Jeremy Sellem highlight that Brent has surged as US-Iran tensions, Trump’s rhetoric and Houthi blockade threats lift risk premia. Crack spreads in Asia and US have outperformed as re…
KYIV, July 20 (Reuters) – President Volodymyr Zelenskiy met some of Ukraine’s top military commanders on Monday to try to ease growing discontent with the defence leadership that has triggered the largest street protest…
TD Securities strategists note that softer Canadian Consumer Price Index (CPI) is lifting USD/CAD as rate divergence remains a key driver. They argue broad US Dollar (USD) strength should limit USD/CAD downside below 1.…
Royal Bank of Canada’s (RBC) Abbey Xu notes that Canadian inflation eased in June, with Consumer Price Index (CPI) slowing to 2.8% year-over-year and energy prices reversing part of their earlier surge. Underlying measu…
The United Kingdom entered a new period of political uncertainty after Rachel Reeves stepped down as Chancellor of the Exchequer as part of the first cabinet reshuffle led by newly appointed Prime Minister Andy Burnham.
Gold (XAU/USD) trades in a volatile range on Monday as markets react to conflicting headlines from the Middle East. At the time of writing, XAU/USD trades around $4,010, little changed on the day after climbing to an in…
EUR/USD edges lower on Monday after reversing earlier gains as markets swing between risk-on and risk-off sentiment. At the time of writing, the pair trades around 1.1408, easing from an intraday high of 1.1449.
AUD/USD trades around the 0.7000 area on Monday, holding near recent highs after recovering from last week’s decline. The Australian Dollar (AUD) remains supported by limited US Dollar (USD) demand, although rising geop…
Brown Brothers Harriman’s (BBH) Elias Haddad expects Australia’s June labor force report to show a modest 15k job gain and unemployment steady at 4.4%, slightly above the Reserve Bank of Australia's (RBA) projection. Fu…
BNY’s Geoff Yu argues that Euro (EUR) assets show emerging value as the European Central Bank (ECB) holds policy and inflation pressures ease, but stresses that Purchasing Managers’ Index (PMI) data and earnings must co…
BNY’s Geoff Yu notes that Iran’s signals of continued military response alongside active mediation keep the Middle East conflict in a managed but unstable phase. This backdrop leaves Oil prices higher after recent strik…