Asian currencies mixed as yen steadies after BOJ hold, dollar weakens
The weakness of the Japanese currency is back in the spotlight after sinking to its lowest level since April 1990.
FX
WTI Price Forecast: Pulls back from multi-month top near 104.00 as bullish bias holds
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – retreats after touching a fresh high since May 19, around the $104.00 mark during the Asian session on Friday, though the downside seems limited.
NZD/USD Price Forecast: Likely recover further to near 20-day EMA
The New Zealand Dollar (NZD) extends its recovery to near 0.5640 against the US Dollar (USD) during the European trade on Friday.
Selling the map, not the chips: How Gartner is cashing in on AI
The semiconductor industry is navigating a high-stakes paradox in 2026. While soaring artificial intelligence-driven demand is pushing revenues to unprecedented levels, this boom has its risks. The industry seems to hav…
Indian Rupee continues to face pressure from Middle East risks
The Indian Rupee (INR) remains under pressure against the US Dollar (USD), as oil prices continue to boil due to Middle East risks. In the opening trade on Friday, the USD/INR pair is slightly higher to near 95.25, clos…
Gold approaches monthly low, seems vulnerable below $4,000 amid Fed rate hike bets
Gold (XAU/USD) remains under heavy selling pressure for the second straight day, trading below the $4,000 psychological mark heading into Friday’s European session amid hawkish US Federal Reserve (Fed) expectations. US …
Thai Baht: Double-top signals potential reversal against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong report that the Bank of Thailand (BoT) kept rates at 1% while upgrading growth forecasts and flagging inflation risks from Oil and El Niño. They expect policy to stay on hold ne…
Mexican Peso drops as US growth, hot inflation rekindles Fed hike bets
The Mexican Peso is poised to depreciate over 1.20% against the US Dollar on Thursday, with the USD/MXN trading at 18.86. Expectations that the Federal Reserve would raise rates once more in 2026, along with US data sup…
South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note a sharp divergence between Korean equities and the Korean Won (KRW), with KOSPI’s strong semiconductor-led rally not translating into KRW gains. Heavy foreign USD futures b…
Chinese EVs win over some in South Korea, but Japan is proving to be a rougher road
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it h…
Philippine Peso: Official jawboning slows depreciation – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that the Philippine Peso (PHP) has recovered modestly as authorities, including President Marcos and Bangko Sentral ng Pilipinas (BSP) officials, step up rhetoric against f…
Bank of Japan to leave interest rates steady at 1.25%
The Bank of Japan (BoJ) is set to announce its monetary policy decision on Friday at around 02:30 GMT.
Thai Baht: BoT holds rates as curve steepening risks – DBS
DBS Group Research economist Chua Han Teng analyzes Thailand Markets after the Bank of Thailand (BoT) kept its policy rate at 1.00% for a fourth consecutive meeting. He expects the BoT to remain on hold through 2026, ke…
Euro remains under pressure against British Pound as ECB holds rates steady
EUR/GBP remains on the back foot on Thursday as the European Central Bank’s (ECB) monetary policy announcement fails to lift the Euro (EUR) against the British Pound (GBP), which outperforms its major peers. At the time…
ECB Recap: On hold amid tighter financial conditions and rising energy costs
The European Central Bank (ECB) unanimously left its three key interest rates unchanged, keeping the deposit rate at 2.50% as policymakers assessed the impact of renewed energy-price increases. President Christine Lagar…
British Pound defies strong US GDP as BoE rate hike bets support Cable
The Pound Sterling appreciates against the US Dollar on Thursday, even though US economic data was solid: GDP figures exceeded estimates, inflation rose, and the job market is robust. The GBP/USD trades at 1.3340, up 0.…
Lagarde speech: Direction of travel is quite clear on rates
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the October policy meeting and responds to questions from the press.
Gold sinks as stock rout fails to spark haven demand
Gold (XAU/USD) extends its losses on Thursday, down over 1.20% as the US equity markets fall and investors rotate into defensive stocks, while solid US economic data reinforced speculation that the Federal Reserve (Fed)…
DoorDash’s Instacart deal may draw FTC scrutiny amid cost-of-living concerns
Four states have enacted laws banning the practice of charging individual consumers different prices based on their personal data — and on Tuesday, Congress held its first dedicated hearing on the subject, with senators…
Lagarde speech: Governing Council debated whether hike was appropriate
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the October policy meeting and responds to questions from the press.
Canadian dollar strengthens as traders assess BoC hike, await US data
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
Euro: ECB caution with tighter conditions – MUFG
MUFG’s Lee Hardman highlights that the Euro faces downside risks as the ECB meets against a backdrop of sharply higher French bond yields and surging European natural gas prices. MUFG expects the ECB to leave rates on h…
The Federal Reserve holds rates and two officials vote for a hike: Why the US Dollar stayed flat anyway
The US Dollar (USD) remains in a consolidation phase after the Federal Reserve’s decision to keep interest rates on hold, with market attention shifting directly toward key economic data releases. Despite two dissenting…
Hungary: Fiscal consolidation and euro plan – Societe Generale
Societe Generale highlights ongoing Hungarian bonds gains as Hungary’s government details a four-year Euro adoption roadmap combining fiscal consolidation with growth ambitions. The plan assumes 2.4% GDP growth next yea…