EUR/JPY extends its gains for the second consecutive day, trading around 180.40 during European hours on Monday. Technical analysis of the daily chart shows the currency cross trading within a descending channel, keepin…
The USD/CAD pair attracts some dip-buyers at the start of a new week, stalling Friday's modest pullback from levels beyond the 1.4000 psychological mark, or the highest since August 7. Moreover, the supportive fundament…
The US Dollar (USD) Index holds its ground and clings to marginal gains above 100.00 early Monday after rising more than 1% in the previous week, fuelled by the Federal Reserve's hawkish outlook. The US economic calenda…
West Texas Intermediate (WTI) oil price continues its losing streak for the fourth successive day, trading around $93.60 per barrel during the Asian hours on Monday. Crude oil prices fell on growing hopes that increased…
Gold price (XAU/USD) edges lower to near $4,365 during the early Asians session on Monday. The precious metal loses momentum amid escalating tensions in the Middle East and hawkish remarks from Federal Reserve (Fed) off…
Ukraine carried out a large-scale overnight drone and missile attack targeting Moscow and the surrounding region on Sunday, BBC reported.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 100.30 during Asian hours on Monday.
The NZD/USD pair attracts some sellers for the second straight day and trades around the 0.5720-0.5715 zone during the Asian session on Monday, well within striking distance of an over two-month low set last week.
The AUD/USD pair attracts some dip-buyers following a modest gap-down open on Monday and holds comfortably above the 0.7100 mark through the Asian session. The upside, however, remains capped as traders await Reserve Ba…
BERLIN, Sept 19 (Reuters) - Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to probl…
How is AI changing the way we work? Our previous research on AI’s economic impacts looked at the labor market as a whole, covering a variety of different jobs. But what if we studied some of the earliest adopters of AI …
OCBC strategist Christopher Wong highlights that Taiwan’s CBC kept its policy rate at 2% for a tenth straight quarter with a mildly hawkish tone, sharply raising 2026 growth and inflation forecasts while flagging sticky…
Commerzbank’s Charlie Lay and Henry Hao report that Taiwan’s CBC kept its policy rate at 2.0% for a tenth straight meeting, signalling a patient stance. The bank slightly raised its 2026 inflation and GDP forecasts, see…
OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related demand and broad-based strength across markets. OCBC Economi…
OCBC strategist Christopher Wong notes that the Korean Won remains under pressure as foreign selling of Korean equities persists and elevated US yields after the FOMC continue to weigh. Large-cap technology stocks are a…
The Aussie Dollar is poised to end the week on a positive note versus the US Dollar, up 0.21% as improved risk appetite keeps AUD/USD trading near 0.7124, closing near Friday's highs.
The New Zealand Dollar (NZD) turns negative on Friday, down 0.11% against the US Dollar (USD), in a week that saw the Federal Reserve's (Fed) first rate hike in three years, which underpinned the Greenback against most …
The Canadian dollar is at risk of dropping below 70 cents U.S. amid surging demand for the greenback as markets reprice the expectation that the United States Federal Reserve will hike rates instead of cutting them.
Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill f…
USD/JPY advances sharply on Friday, trading around 156.95 at the time of writing, up 0.63% on the day. The pair has pulled back after reaching a daily high of 158.06 earlier in the day. The Japanese Yen (JPY) weakens si…
Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed …
On Friday, Kansas City Federal Reserve (Fed) President Jeffrey Schmid said he supported the rate hike, as “recent data suggest inflation trending above 3%.” Schmid added that tightening policy is a step toward achieving…
The Dow Jones Industrial Average trades near 51,500, back at the level where Wednesday's selling stopped, which means Thursday's rebound is gone. The selling ran one way down from the session high, and every level that …
USD/CHF turns lower on Friday as the US Dollar (USD) loses momentum heading into the weekend, with traders booking profits after a strong weekly advance driven by the Federal Reserve’s (Fed) hawkish interest-rate hike. …
