The Dollar rose for a 10th successive week. Economists at Société Générale analyze Greenback’s outlook. Bullish seasonality Western and Eastern Europe
The upside momentum in DXY remains well and sound and lifts the index to new yearly peaks near 106.20 on Tuesday. In light of the ongoing price action
The recovery in the Peso stalled at 17.00. Economists at Société Générale analyze USD/MXN outlook. Risk of a deeper downtrend only if July low at 16.6
House prices in the US rose by 0.8% on a monthly basis in July, the monthly data published by the US Federal Housing Finance Agency showed on Tuesday.
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 0.1%, above forecasts (-0.5%) in July
Gold price remains under pressure after Fed meeting. Economists at Commerzbank analyze the yellow metal’s outlook. Upside potential for XAU/USD in the
United States Housing Price Index (MoM) above forecasts (0.5%) in July: Actual (0.8%)
United States Redbook Index (YoY) increased to 3.8% in September 22 from previous 3.6%
EUR/JPY reverses the negative start of the week and advances to the area near the 158.00 hurdle on Tuesday. In the meantime, the cross remains stuck w
S&P 500 concluded last week at 4,320. Economists at Société Générale analyze the index’s outlook. 4,200 is crucial support S&P 500 carved out a lower
The USD/JPY pair faces a less-confident resistance near 149.20 but is expected to resume its upside move toward the crucial resistance of 150.00. The
Cable is soft but off earlier lows. Economists at Scotiabank analyze GBP/USD outlook. Perhaps oversold in the short run Cable price signals are reflec
Brazil Mid-month Inflation: 0.35% (September) vs 0.28%
USD/CAD edges up to test 1.35. Economists at Scotiabank analyze the pair’s outlook. Weak risk appetite and some further drift in crude oil prices are
The Dollar is flat as the relentless rally takes a breather. Economists at Scotiabank analyze Greenback’s outlook. Markets prone to a USD downswing in
Further upside momentum appears unchanged around USD/IDR, notes Markets Strategist Quek Ser Leang at UOB Group. Key Quotes We highlighted last Monday
The US Dollar (USD) rolls yet again through the markets as concerns start to mount on what this could mean for markets in the latter part of 2023. Wit
EUR/USD edges off low to regain 1.06. Economists at Scotiabank analyze the pair’s outlook. Short-term low may be developing in EUR/USD Intraday charts
Oil prices are falling for a second day in a row, with US Western Texas Intermediate (WTI) breaking below the $90 level, on the back of a strengthenin
USD/JPY has moved steadily higher since July. Economists at MUFG Bank analyze the pair’s outlook. Increased volatility and higher trading ranges are l
AUD/USD decline has stalled near 0.6360. However, it has failed to reclaim recent pivot high at 0.6525. Economists at Société Générale analyze the pai
Extra range bound appears on the table for USD/MYR in the near term, according to Markets Strategist Quek Ser Leang at UOB Group. Key Quotes Last Mond
EUR/USD broke below 1.06 for the first time since mid-March. Economists at ING analyze the pair’s outlook. Falling world trade does not help Not helpi
The EUR/JPY pair comes out of the woods and aims to recapture the crucial resistance of 158.00 in the London session. The cross attracts bids as Bank
Dollar is probing November 2022 highs after tenth successively weekly gain. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes Green
The meeting of the National Bank of Hungary (NBH) is on the agenda today. Economists at ING analyze Forint’s outlook ahead of the Interest Rate Decisi
Markets Strategist Quek Ser Leang at UOB Group suggests USD/THB is likely to navigate between 35.68 and 36.35 in the next few sessions. Key Quotes The
Gold price (XAU/USD) looks for a cushion after facing a sell-off as Federal Reserve (Fed) policymakers continue to favor further policy tightening due
The Pound continues to struggle as September draws to a close. Economists at Société Générale analyze GBP outlook. Heading towards 1.2170/1.2100 GBP/U
The AUD/USD pair attempts recovery after discovering buying interest near the round-level support of 0.6400 in the European session. The Aussie asset
Crude oil prices retrace some of its intraday losses, although, trading lower around $88.20 per barrel during the European session on Tuesday. Russia
JPY continued its downtrend against USD on Monday. Economists at Commerzbank analyze Yen’s outlook. A weaker JPY seems fundamentally justified If JPY
European Central Bank (ECB) policymaker Madis Muller said on Tuesday, “as things stand, not expecting any more rate hikes.”
Japanese Finance Minister Shunichi Suzuki crossed the wires again on Tuesday, reiterating that he is “closely watching FX moves with a great sense of
The downside for the USD in the scenario of weakening activity data for the US economy is set to be limited by declining risk appetite amid concerns a
AUD rose briefly above 0.65 handle last week but broad USD strength post-hawkish FOMC outcome reversed Ausse’s gains. Economists at OCBC Bank analyze
Here is what you need to know on Tuesday, September 26: The US Dollar (USD) continues to outperform its rivals early Tuesday amid souring market mood
EUR/GBP traded above 0.87 for the first time since March. Economists at ING analyze Sterling’s outlook. GBP/USD: Little support can be expected before
USD/CHF continues the winning streak that began on September 19 and reached the five-month high. The spot price is trading near 0.9140 during the earl
Economists at Commerzbank analyze how the “higher for longer” interest rate theme is convincing markets to boost the Dollar. USD strength might turn o
USD/CNH is now expected to navigate within the 7.2800-7.3400 range in the next few weeks, note Markets Strategist Quek Ser Leang and Senior FX Strateg
The Pound Sterling (GBP) remains on a bearish trajectory as investors worry about the UK’s economic outlook. The GBP/USD pair weakens further as a per
The bearish sentiment surrounding the Euro (EUR) gathers further steam against the US Dollar (USD), motivating EUR/USD to slip back to new six-month l
The Dollar continues its grind higher. Economists at ING analyze Greenback’s outlook. Higher US yields may push USD/JPY close to 150 The continued ris
In the view of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, extra gains could push USD/JPY to the mid-149.00s s
Hungary's National Bank (MNB) will announce its Monetary Policy Decision today. Economists at Commerzbank analyze Forint’s outlook ahead of the meetin
The greenback, in terms of the USD Index (DXY), adds to the ongoing rally and surpasses the 106.00 hurdle to print new 2023 peaks on turnaround Tuesda
The USD/CAD pair recovers its recent losses during the early European trading hours on Tuesday. The pair currently trades near 1.3487, gaining 0.25% f
Gold prices weathered the Fed’s hawkish signal in the latest meeting. Strategists at TD Securities analyze the yellow metal’s outlook. Economic data w
Considering advanced prints from CME Group for natural gas futures markets, open interest dropped for the second session in a row on Monday, this time
Further gains in NZD/USD need to clear the 0.6015 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group. K
CME Group’s flash data for crude oil futures market noted traders reduced their open interest positions by almost 4K contracts at the beginning of the
Economic differential is putting pressure on EUR/USD. The growth outlook is likely to be decisive, in the view of economists at Commerzbank. Increasin
Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group see GBP/USD facing extra downside in the short-term horizon. Key Qu
Open interest in gold futures markets dropped for the third session in a row on Monday, this time by more than 2K contracts according to preliminary r
Sweden Producer Price Index (YoY) fell from previous -2.1% to -5.9% in August
Sweden Producer Price Index (MoM) declined to -0.7% in August from previous -0.6%
In its monthly assessment report, the Japanese Cabinet Office maintained the overall view on the economy for September, saying it is ‘recovering moder
Further downside could drag EUR/USD to the 1.0515 region in the next few weeks, according to Markets Strategist Quek Ser Leang and Senior FX Strategis
FX option expiries for Sept 26 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0520 1.2b 1.0575 515m 1.0600 1.7b
EUR/USD recovers its intraday losses, trading around 1.0590 during the Asian trading session on Tuesday. This pair faced challenges despite comments f
The GBP/USD pair remains under selling pressure and trades in negative territory for the fourth consecutive week during the early European session on
Singapore Industrial Production (YoY) registered at -12.1%, below expectations (-3.1%) in August
Singapore Industrial Production (MoM) below forecasts (-1.7%) in August: Actual (-10.5%)
The USD/INR pair gains some positive traction for the second successive day on Tuesday and climbs to a multi-day peak during the Asian session. Spot p
Gold price remains under some selling pressure for the second successive day on Tuesday – also marking the fifth day of a negative move in the previou
USD/JPY trades near 148.90 close to an 11-month high during the Asian session on Tuesday. The US Dollar (USD) continues to strengthen, partly due to c
The Mexican Peso (MXN) gains traction for the second consecutuve day against the US Dollar (USD) during the early Asian trading hours on Tuesday. A st
Gold price moves downward, trading lower around $1,910 per troy ounce during the Asian session on Tuesday. The US Dollar (USD) continues to strengthen
Bloomberg reported on Tuesday, “Senate Republican And Democrat negotiators are nearing a deal on a short-term spending measure intended to keep the go
Japan’s newly appointed Economy Minister Yoshitaka Shindo said on Tuesday, “it is important for currencies to move in a stable manner reflecting funda
The AUD/USD pair attracts some dip-buying in the vicinity of the 0.6400 round-figure mark during the Asian session on Tuesday and touches a fresh dail
“Japan at a critical stage whether to spur consumption or wage growth,” Japanese Finance Minister Shunichi Suzuki said on Tuesday. Suzuki added that i
EUR/GBP extends its losses on the second successive day, trading lower around 0.8670 during the Asian session on Tuesday. The pair is facing downward
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $89.25 mark so far on Tuesday. WTI prices snap their three-week wi
Minneapolis Federal Reserve Bank President, Neel Kashkari, said early Tuesday, “I am one of the fed policymakers who sees one more rate hike this year
The USD/CHF pair consolidates its recent strong gains to the highest level since late May touched the previous day and oscillates in a narrow band dur
On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1727, compared with the previous day's f
EUR/USD continues to move on the downward path, trading lower around 1.0580 during the early trading hours of the Asian session on Tuesday. The pair h
The USD/CAD pair oscillates in a narrow range during the early Asian session on Tuesday. The weakening of the Loonie is weighed by the downtick in oil
The GBP/USD pair enters a bearish consolidation phase during the Asian session on Tuesday and oscillates in a range just above its lowest level since
A major credit agency, Moody's said on Monday that the US government shutdown would harm the country's credit. A severe warning comes only one month a
Gold price (XAU/USD) struggles to gain around $1,915 during the early Asian session on Tuesday. Gold price is weighed by a rally in US Dollar (USD) an
Japan Corporate Service Price Index (YoY) above forecasts (1.8%) in August: Actual (2.1%)
The NZD/USD is seeing some consolidation in the short term after slipping from the last swing high into 0.5985. The Kiwi (NZD) has recovered 2% agains
US President Joe Biden and one of his senior advisers warned on Monday that a federal government shutdown may result in widespread difficulties, inclu
The Australian Dollar (AUD) lost some ground against the US Dollar (USD) as the latter strengthened the most in nine months, underpinned by elevated U
The USD/JPY pair consolidates its recent gains after reaching the highest since October of 149.00 during the early Asian session on Tuesday. The stron
The USD/CAD slipped a scant 0.2% for Monday, after tapping into a mild intraday high of 1.3491. The pair has fallen about 1.7% from September's peak n
Wall Street finished Monday’s session with solid gains, while the Greenback extended its gains to a new year-to-date (YTD) high; at the same time, US
The GBP/JPY spread the middle for Monday, with neither the Pound Sterling (GBP) nor the Yen (JPY) finding momentum to get the chart kickstarted for th
South Korea Consumer Sentiment Index registered at 99.7, below expectations (105.9) in September