USD/CAD remains steady after registering modest gains in the previous day, trading around 1.3830 during Asian hours on Monday. However, the pair could face downside pressure as the commodity-linked Canadian Dollar (CAD)…
In 2024, the global space economy was valued at approximately $418 billion, with projections indicating a compound annual growth rate (CAGR) of 6.7% from 2025 to 2034. This growth is driven by increased international co…
The Japanese yen is close to its lowest level in 40 years and has been the weakest currency in the FX market for several years. However, since the end of January 2026, it has shown a bullish impulse that could mark the …
OpenAI has published an official statement on the German wiki case, the site where some of its agents left roughly 18,000 messages between May and June. In the same piece, the company links that episode to July's Huggin…
Taiwan's Foxconn, the world's largest contract electronics maker, offered a bullish outlook on AI-related demand on Wednesday saying it would be a big driver of 2026 growth, and teased an announcement next week with Ope…
OCBC’s Christopher Wong notes that Bank Negara Malaysia (BNM) kept the OPR at 2.75% and struck a slightly firmer tone, with growth expected to stay resilient into 2027. The economist still projects an OPR normalisation …
The USD/CHF registers modest gains of over 0.30% as the Greenback is boosted by a solid US Nonfarm Payrolls report, pushing the pair above the 50-day Simple Moving Average (SMA) to reach a daily high of 0.8126. At the t…
The Mexican Peso appreciates against the US Dollar, testing two-year highs near 16.85 as the USD/MXN sets aside a strong US Nonfarm Payrolls report, which was ignored by the Peso’s bears. At the time of writing, the eme…
DBS Group Research economist Chua Han Teng notes that Bank Negara Malaysia (BNM) held the Overnight Policy Rate at 2.75% while dropping language that the current level is appropriate. DBS expects rates to remain unchang…
OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a stability-first ap…
International precious metals markets staged a powerful rally on September 3, with gold futures briefly approaching the historic $4,500 per ounce threshold and spot silver reclaiming the $66 level. The surge unfolded ag…
The Pound Sterling retreats some 0.09% against the US Dollar as the latest US inflation report reaffirmed what Fed Chair Warsh said that the labour market is “consistent with full employment.” GBP/USD trades near Friday…
ING’s Muhammet Mercan notes the Central Bank of the Republic of Türkiye (CBRT) has normalised liquidity via weekly repo auctions, bringing effective funding costs down to the 37% policy rate. ING expects the CBRT to hol…
Commerzbank says China’s August Services PMI rebound highlights some resilience in private-sector activity, but weak retail sales, soft inflation and higher unemployment still point to fragile domestic demand. The stron…
Nordea expects Eurozone inflation dynamics to stay persistent, with headline inflation projected above the ECB’s target at least until spring 2027. They see recent data as slightly weaker than the ECB’s June projections…
Risk sentiment recovered and the Dollar eases starting the week after Friday’s fly-to-quality, as breaking geopolitical headlines triggered fresh market optimism. President Trump stated that both Iran and Israel are loo…
AUD/USD resumes its advance on Friday after a brief bout of weakness following a stronger-than-expected United States (US) employment report. The pair initially fell to 0.7173 before reversing as the US Dollar (USD) str…
OCBC’s Christopher Wong notes that strong foreign-currency inflows linked to the RBI’s special measures have bolstered the Indian Rupee (INR) and strengthened the central bank’s FX buffer. However, with the FCNR(B) wind…
Societe Generale reports that USD/MXN has moved back below 17.00 as Mexican officials engage with US counterparts on trade issues following a widening US-Canada rift. The bank highlights a sharp drop in Mexico’s car imp…
DBS Group Research expects the European Central Bank (ECB) to raise the deposit facility rate to 2.50%, citing a resilient inflation-growth mix in the Eurozone. The report notes headline inflation has moved further abov…
EUR/GBP trades on the back foot on Friday, snapping a four-day winning streak that pushed the cross above 0.8600 to its highest level since July 1. Softer-than-expected Eurozone Retail Sales data weighs modestly on the …
Nonfarm Payrolls (NFP) in the United States (US) rose by 162K in August, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed July's increase of 21K and surpassed the market expectation of 56K…
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