Silver (XAG/USD) extends its sharp decline on Thursday, falling 5% to trade around $55.05 at the time of writing, after hitting its lowest level in three months at $55.01. The precious metal faces intense selling pressu…
The Euro (EUR) is walking a tightrope between French fiscal risk and a firm Federal Reserve (Fed). Brown Brothers Harriman (BBH) warns that widening French-German yield spreads — already at 175 bps, near the record set …
Danske Research Team reports that UK headline CPI rose to 3.5% year-on-year in September, with core and services inflation also edging higher and exceeding Bank of England projections. On the back of stronger inflation …
USD/CAD trims some earlier losses on Thursday as the US Dollar (USD) tries to rebound after slipping to a fresh three-week low earlier in Asian trading hours. However, upside remains limited as the Canadian Dollar (CAD)…
Gold (XAU/USD) extends losses below $4,100 on Thursday, falling more than 2% as energy-driven inflation concerns from Middle East tensions reinforce expectations that interest rates will remain elevated longer. At the t…
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $55.94 per troy ounce, down 3.52% from the $57.98 it cost on Wednesday.
The British Pound (GBP) keeps heading higher against a weaker US Dollar (USD) on Thursday, as markets brace for Federal Reserve (Fed) policy next week, while in the UK the conditions are set for a Bank of England (BoE) …
Danske Research Team notes that Japan’s September Consumer Price Index (CPI) and October flash Purchasing Managers' Index (PMI) data are due overnight, following recent Tokyo inflation figures that signaled stronger cor…
Chris Turner at ING highlights that EUR/USD is holding up despite higher energy prices and French budget risks, helped by unwinding of heavy US tech and Dollar positions. He sees Fed tightening expectations remaining fi…
The British Pound (GBP) is down 0.5% at around 210.30 against the Japanese Yen (JPY) during the European session on Thursday. The cross faces selling pressure as the Japanese currency outperforms even as the Bank of Jap…
Societe Generale analysts observe that Gold has formed an interim low near $4,065 and is consolidating in a narrow range. They flag resistance at $4,200/4,225 and warn that failure to break higher could trigger a deeper…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the third consecutive day and trading near 101.50 during the European hours on Thursday.
The Indian Rupee (INR) fails to extend its winning streak for the eighth trading day against the US Dollar (USD). The USD/INR pair rebounds sharply to near 94.91 after attracting signfiicant bids at around the seven-wee…
The AUD/USD pair loses momentum to around 0.7015 during the early Asian trading hours on Thursday. Risk-off bias and safe havens flows provide some support to the US Dollar (USD) against the Australian Dollar (AUD). Tra…
The USD/JPY pair holds steady above the 158.00 mark during the Asian session on Thursday, extending its consolidative price action witnessed since the beginning of this month amid a combination of diverging forces. Trad…
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to gain any meaningful traction on Thursday, trading around the 101.70 region during the Asian session. The index, however,…
The GBP/USD pair enters a bullish consolidation phase during the Asian session on Thursday, trading just below the 1.3400 mark and near its highest level since September 16, touched earlier this week. Meanwhile, the fun…
USD/CAD extends its losing streak for the sixth consecutive day, trading around 1.4040 during Asian hours on Thursday. The currency pair experienced downward pressure as the commodity-linked Canadian Dollar (CAD) gained…
Commerzbank’s Lay and Hao highlight Taiwan’s record export orders driven by AI-related ICT and electronics, supporting a robust export-led expansion into Q4. The Central Bank of the Republic of China sees a sustained te…
The Mexican Peso (MXN) weakened for the second straight day on Wednesday, down more than 1.49% against the US Dollar (USD), as the US-Iran conflict continues to underpin Oil prices and increases the chances that the Fed…
Stats NZ's third-quarter Consumer Price Index (CPI) comes at 21:45 GMT on Wednesday, with NZD/USD just under its 50-day average and the Reserve Bank of New Zealand (RBNZ) deciding on October 28. The pair trades just abo…
Elias Haddad at Brown Brothers Harriman reports that Bank Indonesia left its policy rate unchanged at 5.75% for a fourth meeting, even as IDR weakened slightly following MSCI’s downgrade consultation. BI expects the cur…
MUFG’s Michael Wan notes stabilising global risk sentiment but highlights growing concerns over sustainability of the AI trade and its spillover to FX markets. He expects 2027 to be more challenging for risk assets, wit…
Standard Chartered’s Dan Pan expects Banco de la República to deliver a final 25bps rate hike at the 30 October meeting, citing a positive output gap, high Oil prices and El Niño-related inflation risks. Pan notes susta…