The AUD/JPY cross gathers strength to near 112.55 during the early European trading hours on Tuesday. The Japanese Yen (JPY) attracts some sellers against the Australian Dollar (AUD) after Reuters reported on Monday tha…
The New Zealand Dollar (NZD) appreciates against the US Dollar (USD) on Tuesday, hardly affected by the risk-averse scenario. Investors’ bets on further rate hikes by the Reserve Bank of New Zealand (RBNZ) and bright da…
DBS Group Research economist Radhika Rao notes India’s onshore markets are closely watching global geopolitical risks as Oil prices rebound. The report highlights USD/INR moving to the high-95 area before facing interve…
The Indian Rupee trades significantly lower against the US Dollar (USD) on Tuesday. The USD/INR pair posts a fresh seven-week high near 96.13 as surging oil prices and United States (US) Treasury Yields due to threats o…
AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending chann…
The Euro (EUR) is up 0.12% to near 1.1395 against the US Dollar (USD) during the early European trading session on Tuesday. The major currency pair rises as the US Dollar corrects ahead of the United States (US) Consume…
Gold (XAU/USD) recovers slightly from a nearly two-week low, touched during the Asian session on Tuesday, and climbs back above the $4,000 psychological mark, though the upside potential seems limited. The US Dollar (US…
July 14 (Reuters) – Genesis Minerals has agreed to acquire smaller peer Vault Minerals in a deal that would create Australia’s third-largest gold producer with a market capitalisation of around A$12.6 billion ($8.71 bil…
The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Tuesday that two 'offending supertankers' were hit and disabled in the Strait of Hormuz. IRGC said that tankers ignored warnings, turned off navigation syste…
The United States Central Command (CENTCOM) said on Tuesday that US forces complete new strikes on Iranian military targets, adding that more than 50,000 US service members are currently deployed across the Middle East,…
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $79.60 per barrel during the Asian hours on Tuesday. Crude oil prices rise due to mounting supply anxieties followi…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after two days of gains and is trading around 101.20 during the Asian session on Tuesday.
OCBC strategists Sim Moh Siong and Christopher Wong note that Barisan Nasional’s strong win in Johor reinforces UMNO’s political momentum but leaves federal policy continuity intact, limiting immediate implications for …
The British Pound Sterling is spending Monday learning the difference between a recovery and a reprieve. GBP/USD opened the week flush against its 200-day Exponential Moving Average (EMA), probed the 1.3400 area through…
Commerzbank’s Dr. Henry Hao argues China’s housing downturn, now in its fifth year, is settling into an L-shaped stagnation with a pronounced K-shaped regional divergence. The report highlights persistent weakness in de…
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway said on Tuesday that the central bank is not discussing a shift to a tightened policy stance, adding that inflation is to return to 2% over the medium term.
The New Zealand Dollar recoiled during Monday’s North American session, down 0.12%, as the Greenback posted gains versus most G8 FX currencies amid rising geopolitical tensions and hawkish comments from a Fed Governor. …
Saudi Arabia's flagship carrier is in talks with Boeing Co and Airbus SE for what could be its largest plane purchase yet, committing billions of dollars towards becoming a travel and tourism hub.
UPDATED: A group of a dozen state attorneys general filed suit to block Paramount‘s $110 billion acquisition of Warner Bros. Discovery, long-anticipated litigation to stave off a merger despite receiving clearance from …
Commerzbank’s Dr. Henry Hao and Moses Lim note that Bank Negara Malaysia (BNM) kept the OPR at 2.75% for a sixth straight meeting, maintaining a cautious tone on global risks. Growth is still expected within a 4–5% rang…
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Monday as traders react to renewed hostilities in the Middle East. At the time of writing, USD/CHF trades around 0.8126, up 0.50% on the day and marking its h…
The US Dollar Index (DXY) surges toward 101.30, gaining around 0.3% as escalating tensions between the United States (US) and Iran boost safe-haven demand and drive energy prices sharply higher. US President Donald Trum…
Silver price remains below $60.00 as the week begins, diving nearly 4% on Monday amid tensions in the Middle East. Hawkish remarks by Federal Reserve (Fed) Governor Christopher Waller underpin the Greenback, which, acco…
USD/JPY trades higher near 162.40 on Monday as the Japanese Yen (JPY) weakens amid escalating tensions between the United States (US) and Iran. The US Dollar (USD) remains supported by higher Oil prices and growing conc…