HONG KONG: The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities pushed oil prices higher and dampened risk appetite, while the Japanese yen hovered near the key 160 level t…
The USD/JPY pair edges higher during the Asian session on Thursday and trades just above mid-153.00s amid bears turn cautious ahead of US inflation figures. Spot prices, however, remain close to a seven-month low, touch…
The USD/CAD pair struggles to capitalize on the previous day's modest gains and consolidates just above the 1.3800 mark during the Asian session on Thursday. Traders seem hesitant and opt to wait for the release of US i…
The AUD/USD pair declines to near 0.7215 during the early Asian trading hours on Thursday. Markets turn cautious as traders brace for the release of the US inflation data later this week.
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the central bank expected to continue raising interest rates given current accommodative financial conditions. However, the pace and timing of …
The EUR/USD pair holds steady around 1.1635 during the early Asian trading hours on Thursday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) policy meeting and the release of the US Aug…
The earnings miss was narrow on revenue but steep on profit. Net income fell 85% year over year to $277 million, down from $1.85 billion in the same quarter last year. Adjusted EBITDA came in at $541.5 million, below th…
Societe Generale’s Dev Ashish reports that the Central Bank of Chile kept the monetary policy rate at 4.50% in September, as weak domestic growth offsets rising external inflation risks. The bank highlights disappointin…
The Japanese yen held near a seven-month high against the dollar on Wednesday, as a surge in oil prices above $100 a barrel and a widening Middle East conflict put global investors on edge ahead of critical central bank…
GBP/USD traded 1.3557 Wednesday morning, up 0.2% on the session, after the July inflation release landed at 07:00 London time. TradingEconomics logged 1.3556, up 0.17%. The pair edged to 1.3552 immediately after the dat…
iPhone Duo Colors Leak: Apple is now just a few hours away from launching its first-ever foldable iPhone, which is reportedly named iPhone Duo. With the Apple event starting soon, the upcoming iPhone Duo is tipped to la…
EUR/USD struggles to extend its earlier gains on Wednesday as the US Treasury’s bond-buyback announcement sparks a brief bout of volatility, pushing Treasury yields higher and helping the US Dollar (USD) trim its losses.
ING economists Carsten Brzeski and Franziska Biehl argue that while German inflation is set to rise above 3% and stay elevated into year-end, a repeat of 2022’s double-digit surge is unlikely.
AUD/USD stabilizes around 0.7220 at the time of writing on Wednesday, after hitting a fresh four-month high at 0.7237 earlier in the day. The Australian Dollar (AUD) loses some momentum as the US Dollar (USD) rebounds, …
The US Dollar (USD) navigated a bearish range on Wednesday, gathering some pace soon after the US Treasury announced a buyback of up to $6 billion in 10- to 20-year T-bonds.
Silver (XAG/USD) price makes a U-turn on Wednesday and rises over 3.40% as the Greenback weakens, putting the confirmation of a ‘head-and-shoulders’ chart pattern on hold, which has formed since mid-August. The XAG/USD …
Cognyte shows double-digit revenue growth, faster-rising software and recurring mix, and reaffirms its Fiscal 2027 outlook while maintaining a debt-free balance sheet.
Gold (XAU/USD) trims losses on Wednesday, with price action returning to the $4,400 area during the European morning session, after bouncing from $4,345 lows on Tuesday. The precious metal is drawing support from broad-…
The Euro (EUR) gives back its early gains and flattens at around 1.1625 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair falls back as the US Dollar recovers its earl…
This week brought a sharper shift in expectations for the ECB, RBNZ and BOJ, while the renewed U.S.-Iran fighting pushed oil back above $90 and kept inflation risks alive. Next week, the focus moves to the ECB meeting, …
The US Dollar (USD) is failing to capitalise on the risk-averse market this week, as tensions in the Gulf escalate, threatening to widen into a full regional war. The US Dollar Index (DXY) has trimmed some losses but re…
AUD/JPY declines 0.27% on Wednesday and trades around 110.80 at the time of writing. The Australian Dollar (AUD) fails to benefit sustainably from encouraging inflation data from China, Australia’s largest trading partn…
The EUR/JPY cross trades in negative territory near 178.50 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges higher against the Euro (EUR) as a slew of hawkish comments from the Bank of …
USD/CHF loses ground for the third consecutive day, trading around 0.8090 during the Asian hours on Wednesday. The pair remains subdued as the US Dollar (USD) holds losses despite a hawkish tone surrounding the Federal …
