The EUR/USD pair builds on last week's bounce from the vicinity of the 1.1500 psychological mark and attracts follow-through buyers for the third straight day. The momentum lifts spot prices to a two-month high during t…
The Japanese economy expanded 0.3% over the quarter in the second quarter (Q2) of 2026, the preliminary report published by the Cabinet Office showed on Monday. This reading followed a 0.5% growth recorded in Q1 and mis…
The EUR/USD pair gathers strength to around 1.1575 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the Euro (EUR) amid weaker-than-expected US economic data and shifting central b…
Israel has resumed airstrikes against Lebanon in the past few days after scaling back its attacks in the enclave earlier this month, Reuters reported on Sunday.
A strong aftershock has rattled northern Venezuela, sending terrified residents racing on to the streets five days after the twin earthquakes that killed 1,719 people, left tens of thousands missing and triggered a grow…
The dollar rose to 159.4570 against the yen on Thursday, August 13, up 0.02% from the previous session, after testing 159.53 during the European morning. The pair traded flat near 159.40 through the Asian session and ha…
US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors. Meanwhile, the lack of news from the Midd…
Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.
The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/US…
MUFG’s Asia FX Weekly highlights that China’s July activity indicators, following weak Q2 GDP, will be central for the Chinese Yuan and regional FX. The authors stress ongoing weakness in fixed asset investment and prop…
USD/MXN refreshed 24-month lows below 17.00 on Friday, but it has recovered some ground, with buyers stepping in and reclaiming the 17.00 level. Data from the United States (US) weighed on the Greenback, as consumer sen…
The U.S. dollar fell against major currencies on Monday as traders pared back expectations for further Federal Reserve rate hikes, yet the greenback remained on track to snap a two-week losing streak, according to marke…
Societe Generale analysts highlight CNY’s firm trend, with the currency advancing to 6.7424, its strongest level since February 2023, on Dollar weakness and lower US yields. The PBoC reiterates an accommodative stance a…
ING’s Lynn Song expects Bank Indonesia to keep its benchmark rate unchanged at 5.75% this week, prioritizing Rupiah stability while avoiding an immediate hike. The report highlights BI’s growing reliance on non-rate too…
The Pound Sterling (GBP) rises by some 0.40% on Friday as a batch of US data supports a Federal Reserve (Fed) dovish stance, with consumer sentiment deteriorating while the disinflation process showed further progress. …
USD/CAD extends its decline farther below 1.4000 on Friday and heads for a third consecutive weekly loss. At the time of writing, the pair trades around 1.3877, at levels last seen in early July.
EUR/JPY rises 0.15% on Friday and trades around 184.15 at the time of writing. The pair remains supported despite growing expectations that Japan could raise interest rates as soon as September, while investors also ant…
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee note that upcoming US economic data will be crucial for the US Dollar outlook. They highlight that softer PPI and labour market figures have trimmed near-t…
Commerzbank’s Barbara Lambrecht observes that despite falling LME Copper stocks and trimmed output guidance from a major producer, the recent Copper rally is losing momentum. She points to a retreat in China’s Yangshan …
Nordea strategists see the Norwegian Krone (NOK) broadly stable over the next six months after July’s EUR/NOK decline, driven by higher Oil prices and Norges Bank’s increased NOK purchases. They stress two-sided risks t…
Scotiabank strategists Shaun Osborne and Eric Theoret observe USD/JPY trading near 159, with modest Japanese Yen (JPY) gains offering reassurance to the Ministry of Finance (MoF) after recent weakness. They highlight ma…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann judge USD/JPY price action as inconclusive intraday, with trading expected between 159.00 and 159.70 after a tight 159.01–159.56 range. Over 1–3 weeks, they ke…
Societe Generale’s Dev Ashish flags growing election and fiscal risks weighing on Brazilian assets. BRL has underperformed in LatAm, with USD/BRL nearing its 200-day moving average at 5.2042 and Bovespa breaking below i…
Rabobank strategist Elwin de Groot reports that the Reserve Bank of Australia (RBA) left rates unchanged, with markets initially reading the statement as dovish. Governor Bullock later pushed back, revealing the Board d…
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