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Finance
The Indian Rupee (INR) gives back its opening gains and turns slightly negative against the US Dollar (USD) on Wednesday. The USD/INR pair ticks up to near 95.16 as the Indian currency underperforms due to multiple head…
Finance
The AUD/USD pair trims a part of its intraday gains to a fresh one-month high, touched during the Asian session on Wednesday in reaction to hot Australian consumer inflation figures. Spot prices, however, retain a posit…
Finance
The increasing reliance on automatic code generation integrated with Generative AI technology has raised new challenges for cybersecurity defense against code injection, insecure code templates, and adversarial manipula…
Finance
GBP/USD continues its losing streak for the fourth consecutive day, trading around 1.3290 during Asian hours on Wednesday. Traders are waiting for UK Finance Minister John Healey to present his first budget later in the…
Finance
Gold (XAU/USD) extends its retracement slide from the weekly high touched during the Asian session on Wednesday, falling further below $4,050 heading into the European session and ahead of the key central bank event. Th…
Finance
UOB’s Quek Ser Leang and Lee Sue Ann note EUR/USD’s downside bias has intensified after the pair broke below 1.1135 faster than expected, reaching 1.1121. Intraday, they see strong but stretched downside momentum, limit…
Finance
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.40 in the early European trading hours on Wednesday. The DXY gathers s…
Finance
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD extended higher than expected, with the pair touching 1.2814 instead of staying in the prior intraday range. Short-term momentum suggests sco…
Finance
Gold price (XAU/USD) jumps to around $4,065 during the early Asian session on Wednesday, bolstered by lower oil prices. Traders await the Federal Reserve's (Fed) policy meeting later on Wednesday for signals on the fut…
Finance
Yemen's Iran-aligned Houthis said on Tuesday that it had launched a ballistic missile toward the Ras Tanura oil refinery in eastern Saudi Arabia, the kingdom’s largest refinery, Reuters reported.
Finance
The Australian Dollar consolidates for the fourth straight day versus the US Dollar, yet registers modest gains of 0.11%, as price action shifts to choppy ahead of the Federal Reserve’s monetary policy decision. A busy …
Finance
Australia’s Consumer Price Index (CPI) rose by 4.3% year-over-year (YoY) in September, compared to a 4.0% growth reported in August, the latest data published by the Australian Bureau of Statistics (ABS) showed on Wedne…
Finance
OCBC’s Sim Moh Siong and Christopher Wong report that IDR remains under pressure despite new IDX measures to address MSCI’s transparency concerns. They retain a mildly cautious bias, stressing that enforcement and forei…
Finance
Commerzbank’s Dr. Henry Hao and FX analyst Charlie Lay highlight that Singapore’s September inflation and manufacturing data softened, keeping underlying price pressures contained despite higher global energy costs. MAS…
Finance
GBP/USD traded at 1.3310 on Tuesday afternoon, down 0.25% from Monday’s close at 1.3342, extending its losing streak to four sessions. The pair opened at 1.3343, touched a session high of 1.3349 in the European morning …
Finance
Lloyd Chan at MUFG focuses on Thai Baht as a key expression of the Oil shock in Asia. He cites September trade data showing a sharply wider deficit, driven by surging imports outpacing strong exports. MUFG expects the B…
Finance
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is supported by sentiment even as rate differentials soften. They highlight a widening gap between US Dollar Index (DXY) and fair value, and…
Finance
The yen was 0.16% weaker at 157.73 per dollar, inching further away from the one-month high it touched last week ahead of the Bank of Japan policy decision later this week. The yen had lost ground on Monday too.
Finance
AUD/USD edges higher on Tuesday as hawkish Reserve Bank of Australia (RBA) expectations help the Australian Dollar (AUD) outperform its major peers. A recovery in equity markets as concerns over heavy AI spending subsid…
Finance
Gold prices stage a rebound off a daily low of $3,989, rising over 1% on Tuesday even as the US Dollar and US Treasury yields rose. Falling Oil prices provide a leg up for the yellow metal, while investors brace for the…
Finance
The US Dollar (USD) has added to Monday’s optimism, advancing to the area of fresh two-week highs on the back of mixed US Treasury yields and the continuation of the pre-Fed cautious stance in the global markets.
Finance
Scotiabank strategists Shaun Osborne and Eric Theoret say British Pound (GBP) is softer versus the Dollar as markets stay cautious ahead of Wednesday’s UK budget. Overnight GBP/USD volatility is firmer, but a fiscally c…
Finance
Brown Brothers Harriman’s (BBH) Elias Haddad expects Chile’s central bank to keep its policy rate at 4.50% for a sixth meeting, despite market pricing for future hikes. He argues this path is too aggressive given weak d…
Finance
DBS Group Research economist Ma Tieying reviews South Korea’s preliminary 3Q GDP data, highlighting solid growth and strong exports led by semiconductor shipments, alongside weaker private consumption after the KOSPI co…