The Yen has surrendered close to a full percent through the session, with the pair up 0.93% and changing hands just above 159.00 after a 120-pip range running from the 158.00 handle to short of 159.50. That recovers rou…
Cable has spent the session inside a band of barely 45 pips straddling 1.3500, up 0.13% and holding its best ground since mid-July. The floor sits fractionally beneath the handle and the ceiling short of 1.3550, which d…
Gold (XAU/USD) retreats from its highest level since June 5, touched earlier this Tuesday, and slides back below the $4,400 mark heading into the European session. Despite Friday's weak US Nonfarm Payrolls (NFP) report,…
The Australian Dollar has traded a band of barely 20 pips through the session, holding above 0.7050 and easing 0.15% inside it. That is the tightest daily range the pair has produced in weeks, and it arrives at the end …
Citi Mexico released the Expectations Survey on Monday, in which the central bank polled 35 economists to gather their forecasts for monetary policy, the USD/MXN exchange Rate, inflation expectations, and economic growt…
The New Zealand Dollar (NZD) trades near 0.5900 against the US Dollar (USD) on Monday, giving back a little ground after a run toward multi-day highs last week. The Kiwi could not sustain the recent upside impulse and h…
Cleveland Fed President Beth Hammack crossed the wires on Monday and was hawkish, noting that the current rate is not “meaningfully restricting the economy” and that there is a need for some number of rate hikes.
The Pound Sterling (GBP) advances during the North American session on Monday, up 0.2% as markets digest developments in the Middle East and await crucial inflation data in the United States (US). The GBP/USD pair trade…
The Indian Rupee (INR) snaps a five-day losing streak against the US Dollar (USD) on Thursday. The USD/INR pair retraces to near 91.80 as the Reserve Bank of India (RBI) has intervened in the foreign exchange market to …
USD/CAD trades on the back foot on Monday even as the US Dollar (USD) regains some ground after weakening last week following softer-than-expected US Nonfarm Payrolls (NFP) data. Attention now turns to Wednesday’s US Co…
USD/JPY advances 0.73% on Monday and trades around 158.95 at the time of writing. The Japanese Yen (JPY) underperforms against the US Dollar (USD), pressured by Japan’s unexpected current account deficit, although expec…
Nordea economist Jan Størup Nielsen notes that Danish inflation eased slightly in July, with headline consumer prices up 1.7% year-over-year and core inflation steady at 2.3%.
The Canadian Dollar trades at its strongest against the US Dollar since the second week of June, with the rate holding just above 1.3900 into the afternoon. This is a fourth consecutive lower session and the seventh in …
Rabobank's Senior FX Strategist Jane Foley notes Eurozone Q2 Gross Domestic Product (GDP) and Purchasing Managers' Index (PMI) data surprised to the upside, suggesting resilience despite higher energy prices and supply …
The Dow Jones Industrial Average trades near 54,000 on Monday, lower by a tenth of a percent inside a range of barely 200 points, the narrowest daily bar in weeks. Every price of the session sits inside Friday's range, …
Societe Generale strategists highlight that EUR/USD has squeezed above key resistance as Dollar weakness follows softer United States (US) employment data and reduced odds of a September Fed hike. The pair is seen sligh…
Brown Brothers Harriman’s Elias Haddad notes that the Australian Dollar (AUD) remains one of the most attractive G10 currencies thanks to favorable carry and a hawkish Reserve Bank of Australia (RBA). The RBA is expecte…
Michael Pfister at Commerzbank highlights a strong Canadian labour market and improving Gross Domestic Product (GDP), Purchasing Managers' Index (PMI) and exports as signs of real-economy recovery, but warns this is fra…
U.S. Treasury yields paused on Monday after a payroll-fueled rally last week, while German Bunds held steady as investors awaited key eurozone data due later in the session.
Deutsche Bank strategists highlight that negotiations between Iran and Oman over a new shipping framework through the Strait of Hormuz remain finely balanced, with Tehran linking any lasting arrangement to broader deman…
ING’s Frantisek Taborsky says Romania’s unchanged Baa3 rating at Moody’s and prior Fitch decision should ease pressure after recent ROMGBs underperformance. He expects the National Bank of Romania (NBR) to keep rates at…
NZD/USD trades around 0.5895 on Monday at the time of writing, virtually unchanged on the day. The pair consolidates below the 0.5900 level after retreating from its recent monthly high, as the US Dollar (USD) recovers …
EUR/CAD inches higher after three days of losses, trading around 1.6120 during the European hours on Monday. The currency cross is holding its ground, driven primarily by a resilient Euro (EUR) following positive Eurozo…
The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war. Iranian officials stated on…