USD/CNH gains ground for the second successive day, trading around 6.7760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support from escalating developments surrounding conflicts…
Despite TSMC (2330.TW) delivering a stellar report card at its earnings call after the market close on July 16—highlighted by a 77% surge in net profit for the previous quarter and an upward revision of its full-year ca…
Shein's long-awaited Hong Kong initial public offering, targeting a valuation significantly below its private market peak, marks a strategic retreat for the fast-fashion giant, highlighting the steep price of regulatory…
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7934 compared to the previous day's fix of 6.7909 and 6.7734 Reuters estimate.
USD/CHF holds ground after registering modest gains in the previous day, trading around 0.8090 during the Asian hours on Friday. The pair could rise as the US Dollar (USD) receives support from escalating developments s…
West Texas Intermediate (WTI) – the benchmark US crude oil price – edges higher during the Asian session on Friday, though it remains confined within a multi-day-old range. The commodity currently trades around the $79.…
Taco Bell has issued a statement as the fast food chain pulls certain ingredients from some locations amid the outbreak of parasitic infections causing "explosive" diarrhea across the U.S.
Gold (XAU/USD) attracts some buyers during the Asian session on Friday, reversing a part of the previous day's losses back closer to the monthly low. Any meaningful recovery, however, seems elusive amid a bearish fundam…
Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology stocks fell sharply on Thursday as stocks of sophistica…
The search for the best fast-food tacos is not a quest to be taken lightly. When you’re craving them—like within 10 minutes or else—there are a plethora of options on hand. This is a great thing. The more tacos there ar…
NZD/USD inches higher after posting minor losses in the previous day, trading around 0.5840 during the Asian hours on Friday. The currency pair remains stronger as the New Zealand Dollar (NZD) holds its ground following…
West Texas Intermediate (WTI) Crude Oil is fading about one percent to just below $79.00 after a third consecutive failure at the $80.00 handle, where the 50-day Exponential Moving Average sits just above the figure and…
EUR/JPY extends its losses for the second consecutive day, trading around 185.70 during the Asian hours on Friday. The currency cross is holding above both the nine-period and 50-period Exponential Moving Averages (EMAs…
The AUD/USD pair remains on the back foot for the second straight day and slides to the 0.7980 region during the Asian session on Friday. Nevertheless, spot prices seem poised to register gains for the third week in a r…
Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating Middle East tensio…
Federal Reserve (Fed) Vice Chair Philip Jefferson said that the current policy stance should support the job market and allow inflation to resume decline toward 2% as tariff effects and energy prices pass through, Reute…
The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the time of writing, the cross-pair retreated to 218.80, down 0.34%, as the Yen recovers som…
MUFG’s Lloyd Chan notes that softer US inflation data has weakened the Dollar and lowered Fed rate hike expectations, but USD/THB has still broken above 33.50. He highlights Thailand’s low carry, deteriorating terms of …
Dollar-Yen has spent the week doing almost nothing at the most dramatic level in four decades. USD/JPY adds a tenth of one percent to hold just below 162.50, short of the cycle top printed just under 163.00, inside the …
BNY’s Geoff Yu highlights a hawkish 25bp hike by the Bank of Korea (BoK) to 2.75%, with guidance that Gross Domestic Product (GDP) and core inflation will exceed earlier forecasts. Authorities are also tightening rules …
The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, heightened tensions in the Middle East, and strong US economic data. The pair trades at 0.80…
The Australian Dollar is going nowhere with great precision, with AUD/USD flat on the session and pinned to the 0.7000 handle for a fourth consecutive day. The recovery off the 0.6900 area earlier this month has run dir…
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