NZD/USD edged lower under its 200-day moving average (0.6071), BBH analysts note. 35% of firms expect a deterioration in the economic outlook “The NZ Institute of...
China’s official manufacturing PMI remained in contraction for the second consecutive month in Jun while the non-manufacturing PMI slipped to its lowest reading this year. UOB...
The Pound Sterling (GBP) is expected to trade in a sideways range of 1.2615/1.2680. Current price movements are likely part of a consolidation, UOB Group FX...
In the first half of 2024, the global financial landscape witnessed an increase in the momentum of dedollarisation. The movement is driven by various geopolitical, economic,...
After initially dropping by two big figures in the six trading days following the announcement of snap elections in France, EUR/USD has stabilised since around the...
The legislative snap election will take place in two rounds with the first round scheduled on the 30th of June and second round on the 7th...
Top traders on the Shanghai Futures Exchange (SHFE) have reduced their net Gold (XAU/USD) and Silver (XAG/USD) positions. Precious metals investors are likely to remain on...
Price action in the base metal complex is staving off Commodity Trading Advisor (CTA) selling pressure in Copper, however the higher selling trigger, now at $9,350/t,...
GBP/USD is edging higher today – helped in part by an upward revision to the first quarter GDP data, Global Head of Markets at ING Chris...
The New Zealand Dollar (NZD) is likely to trade sideways between 0.6065 and 0.6115. It may continue to weaken, and the next support level to watch...
USD/JPY rises to 37y high of 160.87 overnight. Next resistance is at 161.20, OCBC analysts Frances Cheung and Christopher Wong note. Markets eye intervention “USDJPY rose...
Strong momentum is likely to lead to further the New Zealand Dollar (NZD) weakness. NZD is likely to continue to weaken, but the major support at...
Precious metals are losing a bit of steam amid a strengthening US Dollar (USD), TDS Senior Commodity Strategist Ryan McKay notes Economic data to influence appetite...
The main focus for the Euro (EUR) is on French elections in the short term. The concern is still on potential fiscal direction far-right parties may...
The US Dollar (USD) is likely to edge higher. Any advance is unlikely to reach the major resistance at 7.3000 and 7.3100, UOB Group analysts note....
The Euro (EUR) could dip below the 1.0689 low. The major support at 1.0670 is unlikely to come under threat. EUR has likely entered a consolidation phase....
Oil markets are now succumbing to a reversal of systematic flows, TD Securities analysts suggest. Upside for Oil prices is likely capped “With Commodity Trading Advisor...
The US Dollar (USD) continues to lack a significant trend and remains to the topside of a two-month trading range. US interest rate volatility remains subdued...
The US Dollar (USD) is likely to trade in a sideways range of 7.2750/7.2910. Resistance levels to watch are 7.3000 and 7.3100, UOB Group analysts note....
The Summary of Opinions for the June MPM suggested that the BoJ delayed additional policy rate hikes as it would like to wait for confirmation from...