Christopher Wong at OCBC notes Gold has extended its decline to a seven-week low, pressured by higher Oil prices, firm US Treasury yields and a stronger Dollar. The break below $4,200 has intensified technical selling, …
EUR/JPY remains subdued for the third successive day, trading around 178.80 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel…
European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), Peter Kazimir, said during the European trading session on Tuesday that the interest rate hike at the policy meet…
The European Central Bank (ECB) today published amendments to its guidelines on the implementation of monetary policy in the Eurosystem, applicable as of 30 November 2026 as part of a regular review.
OCBC’s Christopher Wong reports USD/IDR briefly traded back towards 18,000 as higher Oil prices, elevated US Treasury yields and a firm Dollar weighed on the Indonesian Rupiah. Bank Indonesia has shifted intervention to…
EUR/CAD halts its three-day winning streak, trading around 1.6100 during the European hours on Tuesday. The currency cross experiences downward pressure as the Euro (EUR) softens ahead of key economic data releases from…
NATO’s “adventurous and irresponsible” policy toward the Kaliningrad region increases the risk of a direct armed conflict between Russia and the alliance, according to the Russian Embassy in Belgium. The diplomatic miss…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 101.20 during Asian hours on Tuesday.
The Iranian Parliament has drafted a bill to withdraw from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT). This was announced by Ali Nikzad, deputy speaker of the Iranian Parliament.
The Indian Rupee (INR) recovers its early losess after sliding to a fresh two-month low against the US Dollar (USD) and closed flat on Tuesday. The USD/INR pair closes flat at around 95.98 after rectreating from the day…
Gold (XAU/USD) clings to modest recovery gains through the first half of the European session, albeit it lacks follow-through and remains below $4,150. Moreover, the bearish fundamental backdrop keeps the precious metal…
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that she believes that undervalued Japanese Yen is problematic, while saying that she agreed with Treasury Secretary Scott Bessent to beef up cooperation w…
Andy Burnham is expected to announce a new government body to invest in Britain's electricity grid in his first party conference speech as Labour leader on Tuesday.
A US ban on several Canadian imports, including alcohol, dairy and motorcycles, has come into effect as a trade war between the two neighbours drags on.
The AUD/USD pair extends its consolidative price moves through the Asian session on Tuesday, trading just above the 0.7000 psychological mark, near the lowest level since August 4 ahead of the Reserve Bank of Australia …
The USD/JPY pair posts modest gains around 157.40 during the Asian trading hours on Tuesday. Traders remain on high alert for currency intervention after US Treasury Secretary Scott Bessent and Japan's Finance Minister …
The EUR/USD pair is seen consolidating around the 1.1365-1.1370 region during the Asian session on Tuesday and trading near its lowest level since July 28, touched the previous day. Traders now seem hesitant and opt to …
US Treasury yields climb on Monday as energy prices remain high, amid US President Donald Trump's rejection of a peace agreement with Tehran. Also, investors are pricing in further tightening by the Federal Reserve (Fed…
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