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The US Dollar (USD) rallies Wednesday, fuelled by higher bets of a Federal Reserve (Fed) rate hike in December, with the Swiss Franc (CHF) crushed by higher appetite for risk and an unfavourable monetary policy divergen…
ING’s Chris Turner highlights that a key technical level at 1.1110 is providing a floor for EUR/USD, marking a 50% retracement of the prior rally. While some profit-taking on short positions is likely, ING sees a weak c…
DBS Group Research, led by FX & Credit Strategist Chang Wei Liang, examines China’s evolving holdings of US securities over the past decade. The study looks for evidence of de-dollarisation, highlighting substantial Chi…
ING’s Chris Turner notes the Dollar is trading near this year’s highs after another hot US inflation print and hawkish comments from Fed member Chris Waller. ING argues that bearish yield curve flattening typically supp…
Brown Brothers Harriman (BBH) reports that stronger US inflation data and hawkish comments from several Fed officials have shifted market focus toward the size of a December rate hike.
Derek Halpenny at MUFG highlights that USD/JPY has moved back toward 160 after US CPI, keeping intervention risks elevated. At the same time, JGBs have sold off but sentiment is improving, with stronger household demand…
The Indian Rupee (INR) continues to outperform the US Dollar (USD) on the back of significant inflow of foreign funds into the Indian stock market and a continued decline in oil prices. As of writing, the USD/INR pair p…
Bond markets were again the centre of volatility overnight, with the benchmark 10-year US Treasury yields hitting the highest since 2002 at 5.34% after capping the biggest quarterly rise in 32 years. They later retreate…
Speaking in an interview on PBS Newshour early Wednesday, Chicago Federal Reserve President Austan Goolsbee said that “CPI was borderline disturbing on inflation.”
The EUR/USD pair holds steady above mid-1.1100s during the Asian session on Wednesday, consolidating the previous day's heavy losses that followed the release of hot US consumer inflation figures.
USD/JPY extends its gains for the second successive day, trading around 158.90 during Asian hours on Wednesday. The pair gained ground as the US Dollar (USD) received firm support following the latest inflation report, …
The GBP/USD pair edges higher during the Asian session on Wednesday, moving away from a one-and-a-half-week low, around the 1.3300 neighborhood, touched the previous day. Spot prices currently trade near the 1.3350 area…
Global semiconductor and technology stocks resumed their slide Wednesday, tracking overnight losses on Wall Street after a brief rebound in chipmakers lost steam amid lingering concerns over stretched artificial intelli…
Federal Reserve (Fed) Bank of Philadelphia Governor Anna Paulson delivered a speech at the Federal Reserve Bank of Philadelphia's 81st Annual Field Meeting Capstone.
The Aussie Dollar registers a 0.88% loss against the US Dollar on Tuesday, as a hot US inflation report has cemented the case for a rate hike by the Federal Reserve (Fed) at the December meeting, following hawkish remar…
West Texas Intermediate (WTI) oil price gains ground after two days of losses, trading around $85.60 per barrel during Asian hours on Wednesday. However, crude oil prices may depreciate following signs of easing tension…
The US Dollar (USD) has regained strong upside traction, retracing a big chunk of Monday’s pullback as investors have started to reprice another potential rate hike by the Federal Reserve in December, particularly follo…
Silver (XAG/USD) comes under heavy selling pressure on Tuesday as stronger-than-expected US inflation lifts the US Dollar (USD) and pushes US Treasury yields higher. At the time of writing, XAG/USD trades around $51.23,…
Gold (XAU/USD) tumbles during the North American session on Tuesday as Federal Reserve (Fed) officials were hawkish, expecting further tightening following the release of a red-hot inflation report in the United States …
USD/JPY strengthens on Tuesday as stronger-than-expected US inflation and hawkish remarks from Federal Reserve (Fed) officials lift demand for the US Dollar (USD). At the time of writing, the pair trades around 158.76, …
Consolidation, also known as sideways, flat, trading range, is one of the most important moments in understanding the workings of financial markets. Here we will not show examples of trades, entry points and other signa…
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