Commerzbank analysts highlight that the Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second straight meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (…
The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement. The Greenback remains close to its recent monthly high, how…
NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD). The pair rebounded from recent lows but lost momentum as inve…
BNY strategists John Velis and David Tam see elevated US supercore inflation as a key argument for further tightening but still favor a July hold. They note that core services ex shelter has run above its pre-COVID pace…
Commerzbank’s Norman Liebke reports that Silver has fallen from USD 70 to USD 57.50 per troy ounce and that the bank has lowered its forecasts, now seeing USD 67 by year-end and USD 80 by end‑2027. Despite substitution …
USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as investors await the…
The Greenback, when tracked by the US Dollar Index (DXY), abandons the area of monthly peaks and recedes toward the 101.30 zone on turnaround Tuesday.
Commerzbank’s Carsten Fritsch and Thu Lan Nguyen note that the Gold price has dropped nearly 30% from its January record as higher real yields and hawkish Federal Reserve expectations weigh on the metal. The bank cuts i…
The Dow Jones Industrial Average trades just short of 52,900 on Tuesday, higher by close to 700 points and 1.3%, roughly 450 points beneath the record it set in the first week of July. Taken alone, that reads as a broad…
Silver (XAG/USD) trades around $57.40 on Tuesday at the time of writing, down 1.7% on the day. The white metal is under pressure as the US Dollar (USD) loses some strength and investors reduce their exposure to safe-hav…
AUD/USD trades lower near the 0.6970 area on Tuesday, falling around 0.3% as the Australian Dollar (AUD) comes under pressure despite hawkish remarks from Reserve Bank of Australia (RBA) Governor Michele Bullock.
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesd…
Competitiveness in the global space economy should be a priority for the United States, but ineffective regulations weigh down the American commercial space industry. While last year’s executive order was a good start, …
When the opportunity arose to return to the UK and lead Swiss Re’s UK&I business as CEO in January 2022, it represented a natural next step for Jason Richards (pictured). With 25 years’ experience at the global reinsura…
Scotiabank strategists Shaun Osborne and Eric Theoret report GBP/USD is extending its bearish reversal toward early-July levels as markets scale back Bank of England (BoE) tightening expectations. September pricing has …
BNY’s Geoff Yu highlights that Reserve Bank of Australia (RBA) Governor Michele Bullock signaled a possible rate hike at the August 10–11 meeting, stressing inflation is still too high and productivity weak. She noted d…
ING’s Warren Patterson and Ewa Manthey note that Brent has sold off sharply as US–Iran strikes pause and President Trump signals a “good chance” of a deal. They stress that flows through the Strait of Hormuz and Bab el-…
Gold trades near $4,020 in the New York morning, down roughly 1.4% on a session that started near $4,075 and never built a bid. The slide ran straight through a global equity shock that should have been the strongest ad…
West Texas Intermediate (WTI) Oil extends its decline on Tuesday after falling 9% the previous day following a pause in attacks between the United States and Iran. At the time of writing, WTI trades around $77.90, down …
EUR/USD trades higher near the 1.1400 area on Tuesday, gaining around 0.3% as the US Dollar (USD) weakens following softer United States (US) consumer-confidence data. The US Dollar Index falls toward 101.30, helping th…
USD/JPY trades around 163.90 on Tuesday at the time of writing, up 0.11% on the day, as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy decision on Wednesday and the Bank of Japan’s (BoJ) …
ING’s Padhraic Garvey expects the Federal Reserve (Fed) to leave rates unchanged at the upcoming Federal Open Market Committee (FOMC) meeting, with odds seen around 60:40 for no move. He argues that calmer June inflatio…
The Pound trades near 1.3300 in the New York morning, effectively flat on a session that has run barely 30 pips between a floor a shade above 1.3250 and a ceiling fractionally above the 1.3300 handle. That is the narrow…
Silver (XAG/USD) trades around $57.55 on Tuesday at the time of writing, down 1.45% on the day, as investors remain cautious ahead of the Federal Reserve's (Fed) monetary policy decision. A rebound in the US Dollar (USD…
