Societe Generale strategists note the National Bank of Romania (NBR) kept its policy rate at 6.50% and reinforced a hawkish stance as earlier inflation risks are now part of the baseline. Political conditions improved a…
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CHF shows slightly increased downside momentum, with scope to test 0.8290 but limited odds of a sustained break lower. For the coming days…
The price for Gold stood at 13,012.39 Indian Rupees (INR) per gram, up compared with the INR 12,854.28 it cost on Thursday.
The metal opened the year at $28.92 and ended just below $72 per ounce, marking an annual gain of approximately 144% — silver’s sharpest calendar-year advance since 1979. That move shattered a decade-long ceiling near $…
China is set to resume refined fuel exports in October following a temporary suspension during the Golden Week holiday, Reuters reported on Friday. This move aims to help ease tight global diesel, gasoline and jet fuel…
The USD/CHF pair attracts sellers for the second straight day on Friday, extending the previous day's retracement slide from the vicinity of mid-0.8300s, or a one-week high. Spot prices slide to the 0.8300 round figure …
The Indian Rupee (INR) opens slightly higher against the US Dollar (USD) on Friday. The USD/INR pair ticks lower to near 96.55, but is still close to its all-time high of 97.00. The Indian currency gets a much-needed re…
Asian stocks struggled on Friday following an overnight selloff in US tech shares, as concerns over OpenAI’s revenue outlook weighed heavily on the broader artificial intelligence sector. Market sentiment took a hit aft…
The EUR/USD pair attracts buyers for the second straight day, rising to the 1.1225-1.1230 area during the Asian session on Friday amid a weak US Dollar (USD). Spot prices, however, remain confined within a range held si…
Gold (XAU/USD) gains positive traction for the second straight day on Friday, extending this week's recovery from a two-month low. The US Dollar (USD) retreats further from April 2025 highs amid softer US bond yields, l…
The 10-year Treasury yield ended near 5.22% after President Trump said on Truth Social that the US won't attack Iran before the midterm elections. It had touched its highest since 2002 on Wednesday.
Bank of England (BoE) external member Greene said in Cape Town that it's dangerous to assume markets will do the BoE's work for it, and that UK pay awards look set for about 3.5% next year. She has voted for a hike at e…
The EUR/USD pair holds positive ground near 1.1215 during the early Asian trading hours on Friday. Nonetheless, the potential upside for the major pair might be limited amid fears of France’s debt crisis. The Michigan C…
Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reser…
US President Donald Trump has ordered plans to be drawn up for options of returning to fighting against Iran, even as he said earlier that strikes would not restart before the midterm elections on November 3, the New Yo…
St. Louis Federal Reserve (Fed) President Alberto Musalem said on Thursday that inflation is elevated and that to bring it back to the 2% goal, “more monetary policy firming will be required.”
The Aussie Dollar dives 0.11% on Thursday as the US Dollar retreats from monthly highs, with safe-haven flows shifting from the Greenback to the Japanese Yen and the Swiss Franc amid losses on Wall Street and US yields.…
The GBP/JPY seesaws on Thursday, poised to end the session unchanged at 208.87, after prices traveled from the low of the day (LOD) of 208.20, towards a daily high of 209.40, before settling at around current levels.
Oil prices continue to drop on Tuesday despite strong uncertainty in the Middle East. The prices show strong volatility, as a risk premium was maintained in crude prices amid threats of resurgent strikes on both sides.
USD/JPY edges lower on Thursday as a pullback in US Treasury yields pauses the Greenback’s advance, giving the Japanese Yen (JPY) some breathing room. Traders assess fresh Middle East developments and central bank signa…
UOB strategists Quek Ser Leang and Lee Sue Ann describe USD/CNH as holding largely unchanged, but with a slight increase in downward momentum. Intraday, they see the bias tilted lower toward 6.6950, with resistance at 6…
The Mexican Peso (MXN) depreciates about 0.91% against the US Dollar (USD) on Thursday amid positive US data, while Bank of Mexico (Banxico) minutes from last meeting indicated inflation edging higher, a trend confirmed…
MUFG’s Lloyd Chan previews Malaysia’s Budget 2027, highlighting that prior fiscal reforms and subsidy rationalization provide a buffer against higher Oil prices.
Gold (XAU/USD) price edges higher on Thursday, underpinned by lower US Treasury yields and a weaker US Dollar, even as Federal Reserve (Fed) officials support further tightening by the US central bank. At the time of wr…