Commerzbank’s Bernd Weidensteiner highlights that US nonfarm payrolls rose only 57,000 in June, far below consensus, with prior months revised down by 74,000. Monthly job growth has been slowing and the six-month averag…
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…
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…
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 …
The US Dollar Index (DXY) had every excuse to extend on Thursday and declined instead. A firm batch of US data crossed the wires, yet the Dollar eased off the top of its multi-month rally, slipping back toward 101.45 af…
The US Dollar Index (DXY) lost momentum on Thursday, retreating toward the 101.40 area after a fresh batch of United States (US) economic data showed sticky inflation, stronger growth, and a resilient labor market. Annu…
The USD/JPY pair trades within the historical intervention zone at 161.80 on Thursday, holding near multi-decade highs as the Japanese Yen remains slightly under pressure amid wide United States-Japan yield differential…
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Thursday that inflation remains the central challenge for policymakers, warning that price pressure is still moving in the wrong direction despite …
Gold (XAU/USD) price recovers on Thursday, up by almost 1% as the Greenback drops despite inflation data suggesting that a ‘higher-for-longer' scenario favors the Federal Reserve (Fed) holding rates steady, despite US P…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight a sharp USD/CNH spike to 6.8195, now seen consolidating between 6.8030 and 6.8185 on an intraday basis after an overdone rise. On a 1–3 week horizon,…
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady ahead of Tokyo Consumer Price Index (CPI), where consensus expects a pickup in both headline and core inflation into the mid-to-upper 1% ran…
Silver (XAG/USD) rebounds on Thursday, trading around $58.65 at the time of writing, up 2.16% on the day. The precious metal recovers part of its steep losses from recent days, supported by a modest pullback in the US D…
West Texas Intermediate (WTI) crude Oil edges higher on Thursday, snapping a three-day losing streak as short covering lifts prices following the recent selloff to a more than three-month low. At the time of writing, WT…
The USD/CHF pair stumbles on Thursday, losing 0.34% during the North American session, as the Greenback’s six-day rally stalls amid falling US Treasury yields, despite a red-hot US Core PCE inflation reading. At the tim…
DBS Group Research economist Chua Han Teng expects the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% through 2026, after a second consecutive on-hold decision. The report highlights BoT’s preference …
The Bank of Mexico (Banxico) held its main reference rate unchanged at 6.50% in a unanimous decision on Thursday, as expected. Based on its economic projections, Banxico noted that the balance of inflation risks is tilt…
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JPY) remains pinned n…
Gold (XAU/USD) shows signs of stabilization on Thursday as traders digest the latest US Personal Consumption Expenditures (PCE) Price Index, which came broadly in line with market expectations. At the time of writing, X…
The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar (USD) loses momentum despite a fresh batch of United States (US) economic data showing sticky inflation, stronger growt…
The Dow Jones Industrial Average (DJIA) printed a fresh intraday record near 52,650 on Thursday before easing back toward 52,200, and the temptation is to read that high as a broad vote of confidence. It was nothing of …
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Bank of Thailand (BoT) kept its policy rate at 1.00% and is expected to hold this level through 2027. They stress that Thailand’s recovery is narro…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on USD/SGD after the pair briefly touched 1.2991 before closing near 1.2980. They expect any intraday pullback to stay within a tight …
ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She argues this repricing …
USD/CAD trades around 1.4205 on Thursday at the time of writing, down 0.21% on the day after recently reaching its highest level in 14 months. The pair is correcting lower as the Canadian Dollar (CAD) benefits from a mo…
