NZD/USD experienced volatility after posting modest losses in the previous day, remaining in positive territory and trading around 0.5600 during Asian hours on Thursday. However, the pair could face further downside as …
The Euro (EUR) is up 0.14% at around 177.15 against the Japanese Yen (JPY) during the Asian trade on Thursday. The cross rebounds slightly after Wednesday’s sharp downside move, as the Japanese currency underperforms de…
U.S. Dollar Index Futures (DXY) – 1H Technical AnalysisMarket Structure The DXY is showing a potential bullish reversal structure after the sharp decline from the 101.48 area. Price formed a significant base around 98.6…
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asian session on Thursday and extends the previous day's modest pullback from the vicinity of its highest lev…
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day's pullback from a one-and-a-half-week high, around the 158.50 region. Spot prices, however, remain confined in a familiar ra…
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France's fiscal concerns continued to weigh on…
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yiel…
Japanese pay grew faster than forecast in August and the Yen weakened anyway. USD/JPY trades near 158.00, back where it was before the release took it to its highest since September 25.
Banque de France Governor Moulin said on Wednesday that the strain in French bonds is serious but doesn't meet the conditions for help from the European Central Bank (ECB). French 10-year yields went back up after Tuesd…
The Mexican Peso finishes its winning streak yet holds firm at around Wednesday’s opening price against the US Dollar, after the minutes of the Federal Reserve’s last meeting revealed that officials expect another rate …
The Australian Dollar makes a U-turn and loses over 0.29% on Wednesday after the Federal Reserve revealed members expect another rate hike towards the year-end. The AUD/USD trades at 0.6963.
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The low of every session since September 24 has come within half a cent of 1.3200, and Wednesday made it ten in a row. GBP/USD trades just above 1.3200, below the level Tuesday's rally started from.
Commerzbank’s Asia FX team highlights a constructive near-term outlook for the Vietnamese Dong (VND), supported by strong Foreign Direct Investment (FDI) inflows and robust growth. USD/VND stayed around 25,994, below it…
The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most o…
The yield on the US 10-year Treasury note touched 5.35% on Wednesday, its highest since April 2002, and the 30-year bond hit a 24-year high. Brent is back above $100 a barrel after Iran stepped up attacks on tankers in …
The Pound Sterling (GBP) dives over 0.48% against the US Dollar (USD) on Wednesday as US Treasury yields hit a 24-year high, boosting the Greenback’s appeal, while traders await the release of the Federal Reserve’s (Fed…
Standard Chartered economist Tim Leelahaphan expects the Bank of Thailand (BoT) to keep its policy rate at 1.0% through 2026 and 2027, with the BoT prioritising economic growth over inflation. He highlights asymmetric r…
The euro traded at 1.1192 against the dollar on Wednesday, October 7, down 71 pips or 0.63% from Tuesday's 1.1263 close. The session range ran from 1.1266 at the high to 1.1186 at the low. That low sits 26 pips above Mo…
The New York Fed's September Survey of Consumer Expectations showed that American households expect short-term inflation to rise, while in the long term, they expect prices to cool but remain above the Federal Reserve’s…
USD/JPY trades in a narrow range on Wednesday, with the Japanese Yen (JPY) holding a slight advantage over the US Dollar (USD) as traders assess hawkish Bank of Japan (BoJ) signals. Intervention risks near the 160.00 le…
Governments belonging to the International Energy Agency (IEA) support accelerating the release of Oil stocks announced under the collective action agreed in March, according to a statement from the organization cited b…
The pound is being squeezed from both ends, and the result is a slide to a seven-month low. GBP/USD changed hands near 1.3180 on Thursday, clinging just below the 1.3200 mark after a recovery attempt, pressed lower by a…
The United States (US) Federal Reserve (Fed) will release the Minutes of September’s Federal Open Market Committee (FOMC) meeting on Wednesday. Investors are eager for some details that shed light on the extent and the …