On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7939 compared to the previous day's fix of 6.7906 and 6.7795 Reuters estimate.
The USD/JPY pair holds steady near 163.90 during the early Asian session on Friday. However, the Japanese Yen (JPY) remains near a multi-decade low against the US Dollar (USD). The preliminary readings of the US S&P Glo…
The US Dollar strengthened across the board on Thursday as resilient United States labor data and escalating hostilities in the Middle East support demand for the Greenback. Initial Jobless Claims fell to 187K in the we…
West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week. The dramat…
The AUD/USD pair attracts some buyers during the Asian session on Friday and reverses a part of the previous day's slide back to the weekly trough. The mixed fundamental backdrop, however, warrants caution before confir…
NEW YORK - Wall Street indexes closed lower on July 23 with Nasdaq sinking more than 2 per cent as the latest earnings updates from large technology companies revived concerns about heavy AI spending, while soaring oil …
The US Central Command (CENTCOM) said it is attacking Iran for the 13th consecutive night, the Guardian reported on Friday. The US military stated that this action aims to hold Iran accountable and diminish threats from…
The United States (US) will impose new tariffs of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct US President Donald Trump’s tariff wall that was pierced by the Su…
MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold. Governor Perry Warjiyo favors targete…
Commerzbank’s Charlie Lay reports Bank Indonesia kept the BI Rate at 5.75%, choosing targeted capital-flow incentives over further tightening to support the Indonesian Rupiah. BI cut hedging costs and improved macroprud…
USD/CHF climbs to its highest level since June 2025 on Thursday, supported by a broadly stronger US Dollar (USD) as the expanding war in the Middle East pushes Oil prices higher and strengthens Federal Reserve (Fed) rat…
The GBP/JPY rotates for the third straight day, as a ‘bullish harami’ chart pattern opens the door for further upside, but intervention fears by Japanese authorities cap the cross-pair advance. The GBP/JPY trades at 218…
Gold price (XAU/USD) loses nearly 2% on Thursday as the US Dollar stages a comeback amid growing speculation that the White House may continue its campaign against Iran, which seems poised to prolong the Gulf war. The X…
The EUR/JPY extends its advance for the third straight day, set to end the week with solid gains as traders brace for the end of the week. The shared currency didn’t capitalise on the hawkish forward guidance by the Eur…
PAWTUCKET – Blackstone Valley Community Health Center’s clinic at 42 Park Place has reopened, expanding access to primary care at a time when Rhode Island is grappling with a shortage of providers.
AUD/USD trades lower near the 0.6970 area on Thursday, giving back earlier gains as the US Dollar (USD) strengthens on the back of upbeat United States (US) labor market data and continued hostilities between the US and…
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscill…
NZD/USD trades lower near the 0.5770 area on Thursday as the US Dollar (USD) strengthens following better-than-expected United States (US) labor-market data. Renewed geopolitical uncertainty is also supporting safe-have…
The memory semiconductor sector is experiencing explosive growth, with industry revenue surging 78% in 2024 to $170 billion, positioning these stocks for exceptional returns before the anticipated 2026 market boom.
AUD/USD edges lower on Thursday as a stronger US Dollar (USD) outweighs support from stronger-than-expected Australian employment data. At the time of writing, the pair trades around 0.6966, down 0.45% on the day.
BNY’s Geoff Yu argues that Oil near $95 is a shock for Asian energy importers but not a trigger for a broad balance-of-payments crisis. He highlights stronger current-account buffers in ASEAN and India, prior fiscal con…
The Pound Sterling drops by over 0.40% against the Greenback as risk aversion weighs on most G8 currencies amid the escalation of the Middle East conflict and growing speculation of an extended US campaign against Iran.…
The Dow Jones Industrial Average trades around 600 points lower on Thursday, down 1.1% near 51,600 in a session whose high sits within a handful of points of the opening print. The decline unwinds this week's two-day re…
Silver price dives over 3.80% on Thursday as the precious metals segment tumbles amid overall US Dollar strength and heightened risk aversion amid heightened tensions in the Middle East. The XAG/USD trades at $57.62 aft…
