A narrower 0.5865/0.5985 range is likely enough to contain the price movements for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Any...
Japanese Yen (JPY) is entering Thursday’s NA session with a modest gain against the US Dollar (USD), a lone performer in an environment of mild (albeit...
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6400/0.6450 vs US Dollar (USD). In the longer run, outlook is mixed; AUD is...
The Canadian Dollar (CAD) is soft, trading marginally lower from Tuesday’s multi-month recovery high, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Near-term resistance lies above 1.3880...
The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade...
The optimism that US trade policies may lead to lower global tariffs is misplaced. The WTO under Trump is symptomatic of a wider crisis for multilateralism....
The Bank of Canada leaving policy on hold on Wednesday provided a minor boost for the Canadian Dollar (CAD) but the pair has nudged a little...
China’s preliminary trade data for metals, released yesterday, showed imports of unwrought Copper fell 1.4% YoY to 467kt in March, ING’s commodity experts Ewa Manthey and...
Pound Sterling (GBP) is firmer on the day but has struggled to keep up with its core G10 peers over the week, Scotiabank’s Chief FX Strategist...
UD Dollar (USD) has gathered downward momentum vs Japanese Yen (JPY), but it might not be able to break below 145.00. In the longer run, oversold...
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank’s commodity analyst Carsten Fritsch notes. Gold...
Oil prices opened lower this morning with ICE Brent extending its declines from last week, hovering around $73.5/bbl. This weakness comes after Trump said he would...
EUR/GBP attempted a cross above its 200-DMA earlier this month but has faced strong resistance near 0.8450 and has once again dipped below the MA (0.8380),...
In its Global Energy Review published yesterday, the IEA identified trends for 2024 that are likely to continue this year, Commerzbank’s commodity analyst Barbara Lambrecht reports. Oil’s...
The dollar rallied in the hours leading to the FOMC announcement on the back of growing hawkish bets, which were, however, scaled back after the statement...
The Bank of Japan (BOJ) delivered a cautious hold and warns against a weaker Japanese Yen (JPY), BBH’s FX analysts report. BOJ signals little tolerance for...
The US Dollar (USD) retains a soft undertone though movement in the major currencies is limited overall as the DXY tests last week’s 103.2 low. Asian...
Pound Sterling (GBP) retains a firm undertone. Investors are looking ahead to this week’s BoE policy decision and expecting a hold amid still sticky UK price...
Unlike Trump 1.0, ASEAN now faces increasing risk of direct effects of tariffs under Trump 2.0. ASEAN can be exposed to product-specific tariffs, and the impact...
Today, focus in CAD FX space turns to the BoC meeting at 14:45 CET – where markets and consensus favour a 25bp rate cut, Danske Bank’s...