Gold (XAU/USD) extends its pullback from the more-than-three-month high touched last week and falls to a fresh two-week low on Tuesday. Rising expectations of Federal Reserve (Fed) interest rate hikes and fresh tensions…
The US Bureau of Labor Statistics has a busy week, releasing relevant employment data. It will start on Tuesday with the publication of the July Job Openings and Labor Turnover Survey (JOLTS) at 14:00 GMT. The report, w…
The Euro (EUR) heads south against the British Pound (GBP) on Tuesday, weighed by somewhat softer inflationary pressures on the Eurozone and downbeat German Retail Sales figures. The EUR/GBP pair has pulled back to 0.85…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has bounced strongly from 1.1573 after an excessive selloff, but momentum remains subdued. Intraday, the Euro (EUR) is expected to hold …
MUFG’s Derek Halpenny notes the US Dollar has gained modestly after Fed Chair Warsh’s Jackson Hole speech, with US Dollar Index (DXY) up around 0.3% since Friday’s open and 2‑year Treasury yields sharply higher. Warsh’s…
Finance Minister Satsuki Katayama meets reporters at the Finance Ministry in Tokyo on June 23. (The Asahi Shimbun)
A senior official from Japan’s Ministry of Finance on Tuesday declined to comment on recent foreign exchange shifts, adding that expected the Bank of Japan (BoJ) to steer monetary policy aligned with the economy, not in…
He went big. On Saturday morning, US and Israeli forces unleashed Operation Epic Fury, what US President Donald Trump called “a massive and ongoing” campaign against Iran. He called on the Iranian people to overthrow th…
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Omnicom will lay off more than 4,000 employees and merge several prominent advertising agency brands following its $13 billion acquisition of rival Interpublic Group.
The price for Gold stood at 13,537.60 Indian Rupees (INR) per gram, down compared with the INR 13,588.41 it cost on Monday.
The EUR/USD pair struggles to capitalize on the overnight bounce from the 100-day Simple Moving Average (SMA), near the 1.1575-1.1580 region, or a one-and-a-half-week low, and drifts lower during the Asian session on Tu…
The AUD/JPY cross trades in a positive territory near 114.60 during the early European session on Tuesday. Stronger-than-expected Chinese economic data provides some support to the China-proxy Australian Dollar (AUD) ag…
Gold (XAU/USD) struggles to capitalize on the previous day's bounce from sub-$4,400 levels, or a one-and-a-half-week low, and attracts fresh sellers during the Asian session on Tuesday. US Federal Reserve (Fed) Chair Ke…
EUR/JPY inches lower after registering gains in the previous day, trading around 185.50 during Asian hours on Tuesday. The technical analysis of a daily chart indicates that the currency cross is remaining close to the …
The USD/JPY pair edges higher to around 159.85 during the early European trading hours on Tuesday. Japan’s 10-Year bond yield hit 3% for the first time in three decades after US Treasury Secretary Scott Bessent signaled…
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is modestly stronger versus the US Dollar (USD), helped by upbeat domestic data including robust retail sales and industrial pr…
The Dow Jones Industrial Average closed just short of 53,300, roughly 250 points and about 0.5% lower, after American forces struck two Iranian rocket launchers on Larak Island and Tehran answered with missile and drone…
Commerzbank’s Dr. Henry Hao argues that two months of broad Purchasing Managers' Index (PMI) contraction leave China’s Gross Domestic Product (GDP) growth tracking below the official 4.5%-5.0% target, intensifying press…
The Bank of Canada is widely expected to hold the overnight rate at 2.25% at Wednesday’s policy announcement—marking a sixth consecutive pause after 50 basis points of cuts over September and October last year.
US President Donald Trump said on Monday that strikes on Iran will be limited, following a previous story reported by Axios, which said that he and his senior aides are considering waging limited strikes in Hormuz to pr…
The NZD/USD is poised to finish Monday’s session virtually unchanged near its opening price, despite a modest 0.08% gain as the US Dollar weakens amid rising tensions in the Middle East. The pair trades above 0.5900.
The Mexican Peso (MXN) appreciates by about 0.20% against the US Dollar (USD) on Monday, even as risk appetite deteriorated amid the escalation of the US-Iran conflict, which triggered a jump in energy prices. This exer…
Gold (XAU/USD) price retreats some 0.40% on Monday after last Friday's hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh, which sparked speculation of a possible rate hike at the September meeting. Despite this…