(DEFENCE SECURITY ASIA) — The reported recovery by Iran of more than 15 unexploded American precision-guided munitions, including at least one fully intact GBU-57 Massive Ordnance Penetrator, may prove to be one of the …
OCBC strategists Sim Moh Siong and Christopher Wong describe USD/JPY as a patience trade, with the pair supported by higher US yields and elevated energy prices but capped by extreme Japanese Yen undervaluation and risi…
USD/CAD depreciates after two days of gains, trading around 1.4260 during European hours on Tuesday. The technical analysis of the daily chart indicates that the price is remaining within the ascending channel pattern, …
AUD/USD remains steady after experiencing volatility, hovering around 0.6960 during Asian hours on Tuesday. The pair moves little after the Reserve Bank of Australia (RBA) published the Minutes of its September monetary…
Danske Research Team highlights that global equities finished broadly flat, masking notable rotation as investors cut AI and semiconductor exposure. Europe and defensive sectors outperformed, with consumer staples leadi…
The comments from Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greene released during the Asian trade on Tuesday signals that she is worried about second-round inflation effects coming into play if…
The International Monetary Fund (IMF) raised its 2026 global growth forecast to 3.1% from 3.0% in July, with strong AI investment offsetting the energy shock from the Middle East war. However, 2027 growth remained uncha…
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asians session on Tuesday, eroding a part of the previous day's strong gains to a fresh high since April 2025…
The USD/JPY pair loses ground to near 158.25 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) despite softer Japanese Producer Price Index (PPI) inflation data. T…
The EUR/USD pair gains ground to near 1.1165 during the early Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid growing fiscal and political instability in France…
GBP/USD inches higher after posting modest losses in the previous day, trading around 1.3220 during Asian hours on Tuesday. The pair appreciated as the British Pound (GBP) gained ground following the release of British …
Every session since September 24 has bottomed within about 25 pips of 1.3200, and Monday was the 13th. GBP/USD closed near 1.3210 after a climb to just above 1.3250, made before London opened, was given back as Brent ro…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/CNH unexpectedly fell to 6.6919 on Friday, with downside momentum starting to build. Intraday, they see potential for a brief dip below 6.6900, provid…
Buyers are stepping in and keeping the US Dollar (USD) bid due to safe-haven demand, as the resumption of hostilities in the Middle East and strikes between Russia and Ukraine have pushed energy prices higher.
Societe Generale strategists note that the recent USD/KRW bounce stalled around 1390 and the pair is now testing the lower end of its consolidation, suggesting the broader downtrend may resume.
Cleveland Federal Reserve (Fed) President Beth Hammack said on Monday that the neutral rate for the Fed funds “is likely higher,” that she is hearing signs of a problem with inflation expectations and that the question …
Cleveland Fed President Beth Hammack said that further tightening is needed but reiterated earlier remarks that she is open “to adjusting the pace of rate increases.”
West Texas Intermediate (WTI) Oil reverses course on Monday and climbs to a two-week high as doubts over a Russia-Ukraine energy ceasefire and supply concerns in the Middle East keep a geopolitical premium in energy mar…
USD/JPY extends its advance on Monday, gaining 0.28% on the day to trade around 158.70 at the time of writing.
Cleveland Federal Reserve (Fed) President Beth Hammack said Monday that interest rates need to be higher, that inflation remains “too high”, and that more economic tightness is needed.
MUFG’s Lee Hardman notes the Chinese Renminbi has outperformed the Euro against the Dollar, with USD/CNY hitting a year-to-date low near 6.6900. PBoC’s lower daily fixes have supported trade‑weighted CNY gains. Growing …
Micron fell about 4% on Monday and the NASDAQ 100 fell with it, while the Dow Jones Industrial Average (DJIA), which holds no memory-chip maker, finished higher. The S&P 500, which holds Micron and all 30 Dow members, f…
Gold (XAU/USD) price drifts lower by about 1.49% on Monday as the Greenback gains ground amid escalating hostilities in the Middle East, pushing energy prices higher and increasing the likelihood of higher interest rate…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD was little changed around 1.2800 on Friday and expect consolidation to persist. Intraday, they see the pair confined between 1.2790 and 1.2820, wi…