US Treasury yields stretched to their highest levels in years on Wednesday, fuelled by a mix of rising expectations of further monetary tightening by the US Federal Reserve (Fed), following upbeat US business activity d…
Societe Generale analysts, including Kenneth Broux, note that USD/MXN has broken above a multi-month descending trend line and reclaimed its 200-day moving average for the first time since April 2025. They see scope for…
United States (US) President Donald Trump shares excitement ahead of meeting with Chinese leader Xi Jinping through a post on Truth.Social.
EUR/JPY trades higher around 180.55 on Thursday, gaining 0.19% on the day at the time of writing. The Euro (EUR) receives support from stronger-than-expected German business sentiment data, while uncertainty surrounding…
Gold (XAU/USD) slides to a one-week low on Thursday as rising US Treasury yields and a stronger US Dollar (USD) reflect an increasingly hawkish Federal Reserve (Fed) outlook. At the time of writing, XAU/USD trades aroun…
We expect the Riksbank to deliver a hawkish hold, hinting at an imminent rate hike, which we expect in November. In Norway, we see a rate hike in a close decision. NOK faces greater upside than SEK as markets and consen…
Asian stock markets reflect a mixed performance on Thursday ahead of the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping later in the day.
Strong US manufacturing data boosts expectations for an October Fed rate hike to 69.7%.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $91.40 during the early Asian trading hours on Thursday. WTI tumbles amid hopes for diplomatic progress between the US and Iran.
Commerzbank analysts note that escalating US-Iran tensions and fresh attacks in the Strait of Hormuz are tightening physical oil markets, with record premiums at Cushing pointing to strong demand for immediate supply. S…
The GBP/USD pair posts modest gains near 1.3240 during the early European trading hours on Thursday. However, the potential upside for the major pair might be limited amid a widening policy gap between a hawkish Federal…
European Central Bank (ECB) Governing Council member Martin Kocher said on Thursday that the central bank must prevent too high inflation from becoming entrenched.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7489 compared to the previous day's fix of 6.7468 and 6.7184 Reuters estimate.
Gold (XAU/USD) remains depressed below the $4,300 mark, trading near a one-week low set earlier this Thursday as traders await a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. …
Tuesday's peak just under 1.2500 was the highest for AUD/NZD since early 2013. The cross is trading just above 1.2400, on track for a second straight down day.
Ukrainian President Volodymyr Zelenskyy said Kyiv remains ready for a bilateral “energy ceasefire” with Russia after holding separate talks with the leaders of the United States (US) and the United Kingdom (UK) in New Y…
Chinese authorities have done well to keep USD/CNY under control in 2025. We expect the same again for 2026. Asian high-yielders have had a bad year, but if one of them is to recover, we would expect it to be the Indian…
Iran President Masoud Pezeshkian said that the country won’t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place, Bloomberg reported on Wednesday. This move undersc…
US Treasury Secretary Scott Bessent said that the United States (US) and China have agreed to extend a bilateral trade truce that was set to expire in November through January 10, Blomoberg reported on Wednesday. This m…
The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday. The major pair extends its downside as hawkish signals from the US Federal Reserve (Fed) boost the US Dollar (USD) against t…
The Japanese Yen (JPY) extends its decline against the US Dollar (USD) on Wednesday, with USD/JPY climbing to a three-week high as the hawkish Federal Reserve (Fed) outlook keeps the Greenback in demand. At the time of …
Federal Reserve (Fed) Governor Michael Barr made on Wednesday the case for more rate increases, saying the risks to getting inflation back to 2% have grown while the risks to jobs have eased. His remarks followed S&P Gl…
Australia’s Unemployment Rate climbed to 4.6% in August from 4.5% in July, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus …
Silver (XAG/USD) price tumbles over 3.67% on Wednesday as investors increase Federal Reserve (Fed)-hawkish bets, following remarks by several officials supporting last week’s rate hike and penciling in further tightenin…
