USD/JPY falls 0.30% on Wednesday and trades around 156.80 at the time of writing, as the US Dollar (USD) comes under selling pressure following softer-than-expected United States (US) inflation data.
RaboResearch Global Economics & Markets’ FX Strategy team assesses EUR/GBP in light of UK politics, growth and monetary policy. They note the Pound’s recent support from stronger UK GDP, but expect GBP bulls to stay cau…
DBS Group Research economist Eugene Leow assesses USD Rates ahead of the October FOMC meeting, noting investors see a near-even chance of a back-to-back Fed hike.
USD/CAD declines 0.08% on Wednesday and trades around 1.4180 at the time of writing, after touching a daily low of 1.4155 in the wake of US inflation data. The pair recovered some losses as investors reassessed the timi…
Lee Hardman at MUFG reports the Pound is consolidating near year-to-date lows against the Dollar despite resilient UK growth, with Q1 and Q2 GDP both revised higher and BoE staff upgrading Q3 forecasts. Hawkish comments…
Societe Generale’s Kenneth Broux warns that one defining September theme in EM has been a sharp unwind in carry trades, particularly in the Mexican Peso, which is down 6% on spot this month.
Deutsche Bank argues EUR/USD is likely to hold within its 1.13–1.20 yearly range rather than break lower, pushing back against consensus Dollar bullishness. The bank cites resilient global growth, peak USD yield support…
Societe Generale’s FX team reports USD/JPY trading between 156.38 and 157.52 overnight, with the pair mildly offered on dovish New York Federal Reserve President John Williams comments and fiscal half‑end repatriation f…
Deutsche Bank’s Early Morning Reid notes a mixed US Treasury session, with 10-year and 30-year yields holding or extending post-2000s highs while the 2-year falls.
Deutsche Bank’s Early Morning Reid notes that China’s latest PMI data show a broad-based pickup in activity. The private-sector RatingDog Manufacturing PMI and official manufacturing PMI both strengthened, with the latt…
Investors are pricing in a higher likelihood that the Federal Reserve will hike rates after core CPI inflation rose in August more than economists had estimated. However, a rate hike may not keep the US stock market fro…
Gold (XAU/USD) trades modestly higher on Wednesday, consolidating the previous day’s gains after recovering from a seven-week low touched on Monday.
USD/IDR extends its losses for the second consecutive day, trading around 17,860 during Asian hours on Wednesday. The pair depreciates as the Indonesian Rupiah (IDR) gains strength, driven by improving market sentiment …
The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (…
Rabobank’s day-ahead section highlights Australia’s August CPI as slightly softer, with headline inflation at 0.4% m/m and 4.0% y/y, and trimmed mean at 0.2% m/m and 3.6% y/y. Earlier in Q3, the RBA delivered another ra…
USD/JPY loses ground for the second successive day, trading around 157.10 during the Asian hours on Wednesday. The currency pair is moving sideways within a symmetrical triangle, which indicates a consolidation phase wh…
Gold (XAU/USD) edges lower during the Asian session on Wednesday, reversing part of the previous day's modest recovery gains from the $4,100 neighborhood, or the lowest level since August 5, touched earlier this week. T…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.40 in the early European trading hours on Wednesday.
USD/CHF continues its winning streak for the sixth successive trading day, trading near its 16-month high of 0.8358 during Asian hours on Wednesday.
The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previ…
Finance Minister Katayama said on Tuesday that an undervalued Yen is generally a problem, and that she and US Treasury Secretary Bessent agreed on a September 25 call to strengthen their cooperation. She added that Japa…
Gold price (XAU/USD) rebounds from an eight-week low to near $4,180 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited as oil-driven inflation reinforced e…
Australia's fourth rate hike of 2026 sent the Australian Dollar lower on Tuesday, and NZD/USD closed below 0.5650 for the first time in its slide. The Reserve Bank of Australia (RBA) raised its cash rate to 4.60%, the h…
The worst US consumer confidence reading since 2014 should have been enough to break the Dow Jones Industrial Average's September floor near 51,100, and the floor held for a third time. The Conference Board's index fell…