The US Dollar (USD) trades slightly higher on Monday as traders remain confident that the Federal Reserve (Fed) will hike interest rates again this year. At press time, the US Dollar Index (DXY), which tracks the Greenb…
Gold (XAU/USD) remains on the defensive on Monday, pausing a two-day winning streak as expectations of additional Federal Reserve (Fed) rate hikes and a firmer US Dollar (USD) limit the upside. At the time of writing, X…
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,…
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.
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…
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…
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…
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 …
OCBC’s Christopher Wong observes that weekend attacks targeting Saudi Arabia have revived supply and geopolitical concerns in Oil markets. While Saudi authorities reported no new infrastructure damage, Wong notes that e…
The US Dollar (USD) Index holds its ground and clings to marginal gains above 100.00 early Monday after rising more than 1% in the previous week, fuelled by the Federal Reserve's hawkish outlook. The US economic calenda…
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 …
Danske Research Team reports a strong rebound in global equities, with the S&P 500, Nasdaq, Stoxx 600 and Kospi all posting solid gains despite a recent Fed hike and further tightening priced. They argue that robust con…
The US Dollar (USD) reflects strength at the start of the week on prospects of further Federal Reserve (Fed) monetary tightening this year. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value ag…
The GBP/USD pair struggles to capitalize on Friday's goodish rebound from the 1.1335 area, or its lowest level since July 30, and attracts fresh sellers at the start of a new week. Spot prices stick to modest intraday l…
Commerzbank’s Thu Lan Nguyen notes that EUR/USD has stabilized just below 1.15 after a hawkish Federal Reserve (Fed) meeting, indicating a possible floor. Nguyen views current Dollar strength as sustainable in the short…
EUR/JPY extends its gains for the second consecutive day, trading around 180.40 during European hours on Monday. Technical analysis of the daily chart shows the currency cross trading within a descending channel, keepin…
The AUD/USD pair attracts some dip-buyers following a modest gap-down open on Monday and holds comfortably above the 0.7100 mark through the Asian session. The upside, however, remains capped as traders await Reserve Ba…
Ukraine carried out a large-scale overnight drone and missile attack targeting Moscow and the surrounding region on Sunday, BBC reported.
Yemen’s Houthis said that they attacked “sensitive” sites in the Saudi capital Riyadh with missiles and drones, hours after flames and a large plume of smoke were seen near the city’s main airport, the Guardian reported…
The NZD/USD pair attracts some sellers for the second straight day and trades around the 0.5720-0.5715 zone during the Asian session on Monday, well within striking distance of an over two-month low set last week.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 100.30 during Asian hours on Monday.
West Texas Intermediate (WTI) oil price continues its losing streak for the fourth successive day, trading around $93.60 per barrel during the Asian hours on Monday. Crude oil prices fell on growing hopes that increased…
Gold price (XAU/USD) edges lower to near $4,365 during the early Asians session on Monday. The precious metal loses momentum amid escalating tensions in the Middle East and hawkish remarks from Federal Reserve (Fed) off…
BERLIN, Sept 19 (Reuters) - Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to probl…