ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months. Upgraded Gross Domestic Product (…
Canada produced the strongest growth figure of the cycle and the Canadian Dollar is weaker for it.
Concerns about the US credit market have eased further since the weekend, prompting a hawkish repricing in the Fed curve and justifying a stronger dollar. EUR/USD may slip all the way to 1.160 in the next few days, but …
ING’s Adam Antoniak expects Poland’s 2Q26 GDP flash estimate to be confirmed at 3.8% year-on-year, with fixed investment rebounding strongly thanks to EU and RRF-funded projects. Private consumption is seen slowing slig…
By Anett Rios and Alberto Fajardo HAVANA, Aug 28 (Reuters) – Cuban Gabriela Lopez runs a rescue center called Aldameros that would melt the heart of any cat lover. Cats of all shapes and sizes slink about, purring after…
Gold price drops over 0.42% on Friday as Fed Chair Kevin Warsh confirms the Fed is focused on tackling inflation, pushing the US Dollar and US Treasury yields higher, while money markets have begun to price in a potenti…
US Dollar Index (DXY) rallies on Friday, gaining 0.36% to trade around 99.50 at the time of writing, as Federal Reserve (Fed) Chair Kevin Warsh’s hawkish remarks at the Jackson Hole Symposium prompt investors to sharply…
Geoff Yu at BNY highlights that Middle East tensions and constrained traffic through the Strait of Hormuz are keeping key energy supply routes at risk.
US investors will watch on Friday a labor market report that is far less familiar than the monthly jobs release but has gained considerable importance following the spectacular revisions of recent years. The Bureau of L…
Government bond markets from Tokyo to New York extended losses on Monday as surging energy prices linked to the prolonged Iran war reignited fears of persistent inflation and forced investors to reassess expectations fo…
Rabobank Senior Macro Strategist Bas van Geffen says the US-Iran stalemate and disruption in the Strait of Hormuz are keeping oil-driven inflation risks elevated.
TD Securities’ FX strategist Howard Du maintains a bearish New Zealand Dollar (NZD) bias, noting that Reserve Bank of New Zealand (RBNZ) tightening is largely priced and NZD positioning has normalized.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $70.41 per troy ounce, up 1.68% from the $69.25 it cost on Thursday.
The Australian dollar is poised to mark its longest weekly winning streak against the US dollar since 2021, after a hotter-than-expected inflation report prompted traders to price in a higher peak for the Reserve Bank o…
MUFG highlights that rising European natural gas prices are reviving inflation risks, which could push the Bank of England toward another rate hike and underpin the Pound.
Commerzbank’s Michael Pfister reviews EUR/USD options, noting that risk reversals turned positive again after comments by the US Treasury Secretary.
ING’s Chris Turner notes a quiet, risk-positive week for global markets, with low volatility and mixed G10 FX, as the Dollar debasement theme fails to extend.
The USD/JPY pair declines to around 159.30 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as Japan’s Tokyo Consumer Price Index (CPI) inflation data strengthens …
A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal, Bloomberg News reported on Thursday, citing people familiar with the matter.
The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. Markets might turn cautious later in the day as Federal Reserve (Fed) Chairman Kevin Warsh is set to deliver his much-awaited key…
The headline Tokyo Consumer Price Index (CPI) for August rose 1.9% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on Friday.
Iran’s Security Chief Mohsen Rezaei said on Friday that Tehran is preparing a list of its conditions to open the Strait of Hormuz in response to a request by mediators, adding that conditions include ending the war in t…
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $82.70 per barrel during the Asian hours on Friday. Crude oil prices may regain their footing as intensifying conflicts in Eastern…
AUD/JPY traded close to 114.75 on Thursday, ahead 0.36% on the session, with a high that stops nineteen pips beneath a ceiling the pair has not traded above since September 7, 1990. The August bar is running 3.80% highe…
