Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday. The precious metal extends the decline on growing bets on further Federal Reserve (Fed) interest rate hikes this year. New York Fed …
On Thursday, the Bank of Mexico (Banxico) held interest rates unchanged at 6.50% for the third time, as expected, in a unanimous decision.
The Dollar Index has won back about 90% of what it lost between the late-July top and the August low. It reached 101.40 on Thursday, its highest since late July, and is heading for a fourth straight gain.
Commerzbank’s Dr. Henry Hao and Moses Lim note that Singapore’s August headline and core inflation both climbed to the upper half of the Monetary Authority of Singapore’s 2026 forecast range, with services, retail goods…
Brown Brothers Harriman’s (BBH) Elias Haddad highlights that the Norwegian Krone (NOK) outperformed after Norges Bank delivered a hawkish 25 basis point hike to 4.50%. Haddad signaled willingness to raise rates further …
USD/JPY extends its advance for a fifth consecutive day on Thursday as broad US Dollar (USD) strength and persistent pressure on the Japanese Yen (JPY) keep the pair firmly supported. At the time of writing, USD/JPY cha…
ING’s James Knightley and Coco Zhang argue that US manufacturing is finally reviving after years of stagnation, helped by reshoring narratives, AI-driven investment and defence spending. They forecast US manufacturing v…
The Mexican Peso (MXN) extends its losses against the US Dollar (USD) on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate unchanged at 6.50%, disregarding the interest rate differential as a …
NZD/USD trades around 0.5655 at the time of writing on Thursday, down 0.30% on the day. However, the pair limits its losses as the New Zealand Dollar (NZD) benefits from a sharp increase in expectations of further monet…
EUR/USD traded in the 1.1375 to 1.1385 band on Thursday, extending its slide for a third straight session and printing its lowest level since July 28 during the Asian session. The pair has now fallen in seven of the pas…
Commerzbank’s Chief Economist Dr. Jörg Krämer notes that leading indicators such as the Ifo business climate index and PMIs have surprised to the upside, showing the German economy’s resilience to high energy prices and…
The US Dollar (USD) has traded with gains for the fourth consecutive day on Thursday, managing to revisit levels last seen in late July. In the meantime, further tightening by the Fed remains at the centre of almost eve…
China's paramount leader Xi Jinping's remarks at the White House ran to 21 lines on the wires, covering friendship, artificial intelligence (AI), counter-narcotics work and fair treatment for Chinese firms, and none of …
Standard Chartered argues that Europe’s political balance could shift to the right in 2027, with key elections in France, Spain, Italy and Poland. The bank highlights France’s presidential race as most critical, warning…
The British Pound (GBP) is down 0.12% to near 1.3225 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD is under pressure and might face more decline as United States (US) Treasury …
USD/CAD extends its advance on Thursday, climbing to its highest level since mid-July. The pair has posted only one daily decline over the past 12 trading days, reflecting the diverging monetary policy outlooks of the F…
United States (US) President Donald Trump shares excitement ahead of meeting with Chinese leader Xi Jinping through a post on Truth.Social.
Societe Generale analysts, including Kenneth Broux, note that USD/MXN has broken above a multi-month descending trend line and reclaimed its 200-day moving average for the first time since April 2025. They see scope for…
Brown Brothers Harriman’s (BBH) Elias Haddad observes AUD/USD trading near its 200-day moving average support as broad Dollar strength weighs on the pair. Australia’s August labor force report, with stronger-than-expect…
We expect the Riksbank to deliver a hawkish hold, hinting at an imminent rate hike, which we expect in November. In Norway, we see a rate hike in a close decision. NOK faces greater upside than SEK as markets and consen…
Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra struck a dovish tone on Thursday, highlighting signs of easing price pressures and weakness in the United Kingdom (UK) labour market, according …
EUR/JPY trades higher around 180.55 on Thursday, gaining 0.19% on the day at the time of writing. The Euro (EUR) receives support from stronger-than-expected German business sentiment data, while uncertainty surrounding…
Gold (XAU/USD) slides to a one-week low on Thursday as rising US Treasury yields and a stronger US Dollar (USD) reflect an increasingly hawkish Federal Reserve (Fed) outlook. At the time of writing, XAU/USD trades aroun…
Storm-related power outages can significantly increase the chance of a house fire or carbon monoxide (CO) poisoning. Items like generators, candles, and downed-power lines all pose a risk. The Consumer Product Safety Co…