Japan’s Katayama says will take necessary steps on forex as required
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the authorities will take necessary steps on the foreign exchange if necessary.
FX
US CENTCOM says it has completed 11th night of strikes on Iran
The United States Central Command (CENTCOM) said that it completed another night of attacks that targeted “military operations centers, maritime capabilities, aircraft hangars, drone storage facilities, and military log…
UK CPI set to show receding inflation in June as GBP/USD fails at May highs
The UK Office for National Statistics (ONS) will release the June Consumer Price Index (CPI) figures on Wednesday at 06:00 GMT, a print that will matter for markets. Consensus expectations point to inflation pressures s…
The Australian Dollar goes nowhere with conviction
The Australian Dollar spent Tuesday doing a convincing impression of movement, climbing from just below the 0.7000 handle to a session high short of 0.7050 before handing the entire advance back through the North Americ…
New Zealand Dollar declines as safe-haven demand lifts US Dollar
NZD/USD depreciates after opening at a bullish gap, remaining in the positive territory and trading around 0.5830 during the Asian hours on Wednesday. The pair loses ground as the US Dollar (USD) pares its daily losses …
Chinese Yuan: Upside bias holds near 6.7600 against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang notes that USD/CNH retains a downside bias in both the 24-hour and 1–3 week horizons, with key support around 6.7600 and strong resistance at 6.7820. Short-term momentum is building…
Japanese Yen tumbles to 40-year low as US Dollar safe-haven rush deepens
The USD/JPY extends its rally on Tuesday, hitting 40-year highs above 163.00 as the Greenback continues to gain ground versus the Japanese Yen. At the time of writing, the USD/JPY trades at 163.19, slightly shy of the m…
Federal Reserve seen holding rates next week amid Oil shock ‒ Reuters
A Reuters poll revealed that the Federal Reserve is most likely to keep interest rates unchanged for the rest of the year as it battles stubbornly high inflation that has remained above the Fed’s 2% goal for at least 5 …
GBP/JPY Price Forecast: Holds above 218.00 bulls eye YTD peak
The GBP/JPY consolidates around 218.20 as the Pound Sterling loses momentum amid the new PM, Andy Burnham, taking office. Fears of a possible intervention by Japanese authorities capped the cross-pair advance, which rem…
China: National team support shapes flows – BNY
BNY’s Geoff Yu highlights how China’s regulators and state-backed funds have stepped in to stabilize A-shares after global tech deleveraging hit domestic markets. Official buybacks and insurer commitments are framed as …
Gold price rallies amid Gulf war strikes, strong US Dollar
Gold price surges on Tuesday during the North American session, up by more than 1.50% amid continued missile strikes between the US and Iran despite mediators' efforts to end the war. The XAU/USD trades at $4,071
British Pound Sterling gets a decent jobs report and sells off anyway
The British Pound received a labour market report on Tuesday that beat consensus on nearly every line, and sold off anyway. Sterling slid from a London morning high just above 1.3450 to a New York low just above 1.3350,…
Forex Today: US Dollar rises as Middle East tensions lift Oil
The US Dollar (USD) advances on Tuesday as escalating tensions between the United States (US) and Iran push energy prices higher and revive concerns that inflation could remain elevated. The Greenback also benefits from…
Gold rebounds above $4,050 as safe-haven demand intensified on persistent US‑Iran tensions
Gold price (XAU/USD) gains ground to around $4,080 during the early Asian session on Wednesday. The precious metal rebounds as safe-haven demand intensified globally after retreating to the $4,000 psychological level in…
US Senate panel narrowly backs Trump nominee to be top US spy
Robert F Kennedy Jr, one of President Donald Trump's most controversial cabinet picks, has been sworn in as the next US Health and Human Services Secretary.
Why is Dell Technologies stock surging after-hours?
Dell Technologies (DELL) was viewed as a mature PC and enterprise hardware company fighting for relevance in a rapidly changing tech landscape. Now, the artificial intelligence (AI) boom is rewriting that story. On Thur…
Canada's Loonie meets another 50% tariff
USD/CAD trades just above the 1.4100 handle into the North American afternoon, up around a fifth of one percent and on track for a second consecutive daily advance. The recovery follows the July slide from the year's hi…
Singapore Dollar: AI exports support SGD against US Dollar – Commerzbank
Commerzbank’s Moses Lim and Dr. Henry Hao note that Singapore’s June non-oil domestic exports (NODX) growth moderated to 20.7% year-on-year but remained strong, with electronics exports surging on AI-related semiconduct…
USD/CHF Price Forecast: Buyers hold the upper hand above 0.8000
USD/CHF edges higher as escalating tensions in the Middle East support the US Dollar (USD), with buyers eyeing a breakout above the 0.8150 resistance level that has capped gains since July 2025. At the time of writing, …
WTI Crude Oil advances on US-Iran supply disruption fears as traders await API report
West Texas Intermediate (WTI) trades around $84.40 at the time of writing on Tuesday, up 2.6% on the day, as concerns over global Oil supplies continue to support prices despite hopes for a diplomatic de-escalation in t…
India: Weather-driven inflation risks – Standard Chartered
Standard Chartered Bank economist Saurav Anand highlights rising inflation risks for India as deficient monsoon rains and persistent El Niño threaten food output. The report notes sowing is down and reservoir levels are…
Meta adds Xbox Game Pass starter to Horizon+ subscription
Microsoft first started opening up access to Claude Code in December, inviting thousands of its own developers to use Anthropic’s AI coding tool daily. It was part of an effort to get project managers, designers, and ot…
South Korean Won: Support cluster near 1,464/1,461 – Societe Generale
Societe Generale’s technical team notes USD/KRW failed twice to break above the June high around 1,561, triggering a deeper decline towards the 200-day moving average. The pair is now testing this key MA, with next supp…
South Korean Won: Reform-driven support for won – Commerzbank
Commerzbank’s Dr. Henry Hao and Moses Lim highlight that the South Korean government has unveiled a major South Korean Won (KRW) internationalisation roadmap, including unlimited KRW transactions with foreign institutio…