Thursday, 29 October 2026
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Japan's markets are shut from Monday to Wednesday for national holidays, which is when a government that wants to move its currency gets the most for its money. USD/JPY is higher for a fifth session in six and is tradin…
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Tuesday that if higher oil prices persist, they are expected to result in somewhat higher near-term inflation than assumed in the September statement. Brem…
UOB’s Jester Koh assesses Singapore’s soft labour market and its implications for Monetary Authority of Singapore policy. The Labour Market Pressure Index shows rising slack, which UOB links to weaker passthrough of sup…
The New Zealand Dollar extends its losses for the second straight trading session, down 0.13% after last week’s Fed rate hike and a hawkish tilt within the board, which was reinforced by speeches of Fed officials on Mon…
Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations that the Federal Re…
Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some gro…
Silver price advance stalled at the 100-day Simple Moving Average (SMA) of $66.39 and is set to end Monday’s session with losses of 0.39% as the Greenback rises following last week’s Fed decision. The XAG/USD trades at …
The Dow Jones Industrial Average (DJIA) trades near 51,900 on Monday after its worst week since March. Crude Oil fell back under $100 after President Donald Trump told Fox News he'd probably be open to meeting Iran's Pr…
ING’s Francesco Pesole notes that a reported Bank of Japan rate check briefly pushed USD/JPY below 157.0 and suggests authorities may focus on the pace of moves rather than a specific level. However, with the Fed soundi…
Bank of Canada (BoC) Governor Tiff Macklem, speaking in Halifax, Nova Scotia, on Monday, offered a cautious assessment of the economy as higher energy prices and US tariffs create competing risks for inflation and growt…
The Pound Sterling (GBP) retreats by some 0.17% on Monday as the US Dollar (USD) trades in the green following last week’s Federal Reserve (Fed) rate hike, which widened the interest rate differential between the US and…
The Bank of Canada Governor, Tiff Macklem, said that he expects inflation to “drift up a little higher in the coming months,” and commented that “A new era of uncertainty is not going away any time soon,” as he speaks i…
OCBC’s Christopher Wong notes that the Japanese Yen (JPY) weakened after the BoJ’s 25 bp hike to 1.25% as limited guidance on further normalisation disappointed hawkish expectations. Wong highlights that USD/JPY remains…
West Texas Intermediate (WTI) US Oil extends its decline for the fourth consecutive day on Monday, trading around $91.90 per barrel at the time of writing, down 3.54% on the day. Crude prices remain under selling pressu…
Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.
TD Securities’ commodity strategists report that CTAs (Commodity Trading Advisors) have reversed recent Gold buying, yet emphasize that discretionary investors continue to support the metal. They point out Gold’s resili…
ING strategist Francesco Pesole notes the Dollar remains supported as ING now expects the Fed to deliver one final rate hike in December. Despite near-term upside risks for the Dollar, ING keeps a gradually negative lon…
Silver (XAG/USD) starts the week on a positive note, gaining 0.37% on Monday to trade around $66.50 at the time of writing. The precious metal manages to advance despite a stable US Dollar (USD), with the US Dollar Inde…
USD/CHF extends its pullback on Monday after climbing to 0.8263 last week, its highest level since May 2025. The Swiss Franc (CHF) regains some ground even as the US Dollar (USD) holds firm near recent highs, with trade…
The Euro (EUR) is consolidating last week’s decline against the US Dollar (USD) on Monday, with price action capped below 1.1500 and the seven-week low in the mid 1.1400s still on the bears’ radar. The decline in Oil pr…
USD/CAD holds firm near the 1.4000 psychological mark on Monday as the Federal Reserve’s (Fed) hawkish outlook and widening US-Canada interest-rate differentials keep the Canadian Dollar (CAD) on the back foot. However,…
Gold (XAU/USD) trades cautiously below $4,350 on Wednesday as investors refrain from taking large positions ahead of the Federal Reserve (Fed) monetary policy decision. A modest pullback in the US Dollar (USD) provides …
The Japanese Yen (JPY) opens the week in the same bearish trend observed in the previous one, as it keeps depreciating against the US Dollar (USD) with trading volumes lower, as the Japanese market remains closed for ba…
The Bank of Japan did what the market asked on Friday, and the yen collapsed anyway. USD/JPY jumped 1.2% to a two-week high of 157.897, on track for its biggest daily gain against the yen since December and its largest …
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