USD/IDR depreciates after two days of gains, trading around 18,120 during the Asian hours on Wednesday. However, the pair has lost ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (Fed) upcoming po…
The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating below the 101.50 level during the Asian session as traders await the outcome of a two-day FOMC meeti…
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7899 compared to the previous day's fix of 6.7928.
The AUD/JPY cross extends this week's retracement slide from the 114.65 zone, or its highest level since June 3, and attracts some follow-through selling for the second straight day. The intraday decline picks up pace f…
US Central Command: carried out precision strikes in Iraq targeting Iran-backed groups planning attacks on US forces and Saudi oil facilities.
The Pound spends Tuesday almost perfectly still, trading just under 1.3300 with a session range under 40 pips between a floor above 1.3250 and a ceiling fractionally above 1.3300. That is a second consecutive day of nea…
GBP/USD edges higher after remaining flat in the previous day, trading around 1.3300 during the Asian hours on Wednesday. The currency pair gains ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (F…
Times are not easy for the United Nations. The concept of fostering peace, human rights, and economic development through international law and global cooperation remains as sound as ever. Yet the key players in global …
The Australian Bureau of Statistics (ABS) will publish the June Consumer Price Index (CPI) on Wednesday at 01:30 GMT. The report is expected to show that inflation rose 4% from a year earlier, matching the May reading. …
AUD/USD depreciates for the second successive day, trading around 0.6970 during the Asian hours on Wednesday. The pair falls as the Australian Dollar (AUD) continues to struggle following the release of domestic Consume…
The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme. That extreme is the currency's w…
DBS Group Research economist Radhika Rao analyzes Indonesia markets after Bank Indonesia Governor Perry Warjiyo’s unexpected resignation. She notes initial weakness in onshore assets as investors reassess implications f…
USD/JPY loses ground after registering minor gains in the previous day, trading around 163.70 during the Asian hours on Wednesday. The pair may regain ground as the Japanese Yen could come under pressure from rebounding…
Commerzbank analysts highlight that the Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second straight meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (…
The Euro trades just under 1.1400 on Tuesday, around 0.15% firmer, after a session that ran from a shade above 1.1350 to a fraction over 1.1400. Behind that half-cent range sits a third consecutive session of falling Cr…
NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD). The pair rebounded from recent lows but lost momentum as inve…
BNY strategists John Velis and David Tam see elevated US supercore inflation as a key argument for further tightening but still favor a July hold. They note that core services ex shelter has run above its pre-COVID pace…
The Aussie trades just beneath 0.7000 on Tuesday, down around 0.25% and last in the G10 queue, after a Sydney address from the Reserve Bank of Australia's Governor gave the hike case nothing to eat. The session covers b…
Commerzbank’s Norman Liebke reports that Silver has fallen from USD 70 to USD 57.50 per troy ounce and that the bank has lowered its forecasts, now seeing USD 67 by year-end and USD 80 by end‑2027. Despite substitution …
USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as investors await the…
Competitiveness in the global space economy should be a priority for the United States, but ineffective regulations weigh down the American commercial space industry. While last year’s executive order was a good start, …
USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confidence data limited the…
The Euro is on track for its eighth gain in nine sessions against the Pound, and the explanation that would normally cover a run of that length is not available. Bank Rate sits 150 basis points above the European Centra…
The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement. The Greenback remains close to its recent monthly high, how…