GBP/USD traded 1.3557 Wednesday morning, up 0.2% on the session, after the July inflation release landed at 07:00 London time. TradingEconomics logged 1.3556, up 0.17%. The pair edged to 1.3552 immediately after the dat…
The earnings miss was narrow on revenue but steep on profit. Net income fell 85% year over year to $277 million, down from $1.85 billion in the same quarter last year. Adjusted EBITDA came in at $541.5 million, below th…
Societe Generale’s Dev Ashish reports that the Central Bank of Chile kept the monetary policy rate at 4.50% in September, as weak domestic growth offsets rising external inflation risks. The bank highlights disappointin…
AUD/USD stabilizes around 0.7220 at the time of writing on Wednesday, after hitting a fresh four-month high at 0.7237 earlier in the day. The Australian Dollar (AUD) loses some momentum as the US Dollar (USD) rebounds, …
The Japanese yen held near a seven-month high against the dollar on Wednesday, as a surge in oil prices above $100 a barrel and a widening Middle East conflict put global investors on edge ahead of critical central bank…
Silver (XAG/USD) price makes a U-turn on Wednesday and rises over 3.40% as the Greenback weakens, putting the confirmation of a ‘head-and-shoulders’ chart pattern on hold, which has formed since mid-August. The XAG/USD …
The Dow Jones Industrial Average trades roughly 440 points lower and under 52,400, and its session high sits within two points of the opening print.
ING economists Carsten Brzeski and Franziska Biehl argue that while German inflation is set to rise above 3% and stay elevated into year-end, a repeat of 2022’s double-digit surge is unlikely.
Gold (XAU/USD) rises over 1% on Wednesday, even as the US Dollar (USD) trims some of its earlier losses, after the US Treasury Department announced a bond buyback for the September 10 auction of 10- and 20-year instrume…
EUR/USD struggles to extend its earlier gains on Wednesday as the US Treasury’s bond-buyback announcement sparks a brief bout of volatility, pushing Treasury yields higher and helping the US Dollar (USD) trim its losses.
The US Dollar (USD) navigated a bearish range on Wednesday, gathering some pace soon after the US Treasury announced a buyback of up to $6 billion in 10- to 20-year T-bonds.
Cognyte shows double-digit revenue growth, faster-rising software and recurring mix, and reaffirms its Fiscal 2027 outlook while maintaining a debt-free balance sheet.
The US Dollar (USD) is failing to capitalise on the risk-averse market this week, as tensions in the Gulf escalate, threatening to widen into a full regional war. The US Dollar Index (DXY) has trimmed some losses but re…
Societe Generale’s Kenneth Broux and colleagues expect the NBP to keep rates unchanged at 3.75%, with Governor Glapiński emphasising flexibility and data dependence. Given worsening inflation and the removal of a near‑t…
AUD/JPY declines 0.27% on Wednesday and trades around 110.80 at the time of writing. The Australian Dollar (AUD) fails to benefit sustainably from encouraging inflation data from China, Australia’s largest trading partn…
MUFG’s Lee Hardman notes that the Japanese Yen (JPY) has strengthened, driving USD/JPY back towards 153.00, as comments from US Treasury Secretary Scott Bessent reinforce expectations of policy changes in Japan. The ban…
Gold (XAU/USD) trims losses on Wednesday, with price action returning to the $4,400 area during the European morning session, after bouncing from $4,345 lows on Tuesday. The precious metal is drawing support from broad-…
This week brought a sharper shift in expectations for the ECB, RBNZ and BOJ, while the renewed U.S.-Iran fighting pushed oil back above $90 and kept inflation risks alive. Next week, the focus moves to the ECB meeting, …
The Euro (EUR) gives back its early gains and flattens at around 1.1625 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair falls back as the US Dollar recovers its earl…
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Wednesday after a sharp correction the previous day. The USD/INR pair jumps marginally above 95.11 as surging energy prices have battered the Ind…
Gold (XAU/USD) struggles to capitalize on a modest Asian session bounce from a one-week low touched earlier this Wednesday, albeit it sticks to a positive bias and, for now, seems to have snapped a three-day losing stre…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 98.80 during Asian hours on Wednesday.
The EUR/JPY cross trades in negative territory near 178.50 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges higher against the Euro (EUR) as a slew of hawkish comments from the Bank of …
USD/CHF loses ground for the third consecutive day, trading around 0.8090 during the Asian hours on Wednesday. The pair remains subdued as the US Dollar (USD) holds losses despite a hawkish tone surrounding the Federal …