Breaking news & trusted journalism for your community
Finance
The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (US) employment report showed a clear slowdown in hiring. Nonfarm Payrolls rose by only 57,000 in June, while May’s gain…
Finance
The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Thursday as a weaker-than-expected US Nonfarm Payrolls (NFP) report pushed back expectations of an imminent Federal Reserve (Fed) inter…
Finance
Crude Oil finished Thursday at its lowest level in 18 weeks, which means the vast risk premium that built up around this year's conflict has fully bled away, back to pre-war levels. The interesting part is not the round…
Finance
Societe Generale’s Dev Ashish argues that the US decision to opt for annual USMCA reviews instead of a 16-year extension prolongs policy uncertainty for Mexico while leaving near-term trade flows intact. He sees muted M…
Finance
Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week. The Greenback extende…
Finance
DBS Group Research economist Radhika Rao notes that Indonesia’s onshore FX and bond markets have stabilised following a correction in global Oil prices, though gains are modest. She highlights USD/IDR’s move below 18000…
Finance
USD/JPY falls 0.92% on Thursday and trades around 161.05 at the time of writing after a much weaker-than-expected US employment report weighs on the US Dollar (USD).
Finance
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike.
Finance
Rabobank strategist Michael Every highlights how Fed Chair Warsh and other major central bankers at Sintra are signalling a structural shift away from traditional forward guidance towards data-driven “framework guidance…
Finance
A June jobs report that undershot expectations by nearly half sent the Dow Jones Industrial Average (DJIA) to a fresh intraday record on Thursday, which reads like a contradiction until you look at what actually moved. …
Finance
Commerzbank’s Dr. Ralph Solveen reviews Germany’s new reform package agreed by CDU/CSU and SPD, focusing on bureaucracy reduction, labor market changes, and modest tax adjustments. He highlights that the largest potenti…
Finance
ING strategists Benjamin Schroeder and Michiel Tukker discuss how a potential increase in the Minimum Reserve Requirement (MRR) by the ECB could tighten Eurozone liquidity and reduce ECB losses. They highlight uneven di…
Finance
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure following softer-than-expected United States (US) labor market data. The pair advanced as investors trimmed expectatio…
Finance
BNY’s Geoff Yu notes that clients have largely capitulated on Japanese Yen (JPY) and South Korean Won (KRW) longs as these currencies stay weak versus US Dollar (USD) and Chinese Yuan (CNY). He argues that fundamentals …
Finance
Commerzbank’s Bernd Weidensteiner notes that weaker US employment data for June and downward revisions to prior months reduce pressure on the Federal Reserve to hike rates at the late-July meeting. With Oil prices sharp…
Finance
While speaking at a Banco de España conference in Santander, Spain, San Francisco Federal Reserve President Mary Daly said that she doesn't see any signs of a lack of economic resiliency in the US, despite above-target …
Finance
NZD/USD rises 0.59% on Thursday to trade around 0.5705 at the time of writing, supported by a sharp decline in the US Dollar (USD) following the release of a significantly weaker-than-expected US employment report.
Finance
USD/CHF weakens sharply on Thursday as the US Dollar (USD) comes under broad selling pressure following a weaker-than-expected US Nonfarm Payrolls (NFP) report. At the time of writing, the pair is trading around 0.8029,…
Finance
USD/CAD falls to 1.4180 on Thursday, down 0.26% on the day after dropping to 1.4150, its lowest level in more than a week, following a much weaker-than-expected US employment report.
Finance
Bank of England (BoE) policymaker Catherine Mann said on Thursday that an “activist move” may be needed if inflation expectations and outcomes move unfavorably, according to a speech text released by the BoE ahead of an…
Finance
The Pound Sterling (GBP) registers solid gains against the US Dollar (USD) on Thursday after the latest US employment report missed estimates, reducing the chances of a Federal Reserve (Fed) rate hike. At the time of wr…
Finance
Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD …
Finance
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya see Thailand’s 2Q26 starting stronger than feared, driven by exports and technology-linked investment, but with domestic demand still weak. They expect the BOT p…
Finance
AUD/JPY declines by 0.61% on Thursday, trading around 111.40 at the time of writing. The Australian Dollar (AUD) comes under pressure after trade data missed expectations by a wide margin, while the Japanese Yen (JPY) r…