Banks
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Australian Dollar: Pullback eases with upside focus on 0.7200 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD dipped to 0.7122 before a strong rebound to 0.7176,…
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Japanese Yen: Intervention jitters linger – ING
Chris Turner at ING notes that a near 1% drop in USD/JPY within minutes, followed by another slide, sparked talk…
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US Dollar: Hedging impulse fades as holdings stabilize – BNY
BNY’s Geoff Yu notes that the July FOMC-driven Dollar hedging impulse has largely run its course, with early signs of…
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Japanese Yen: Intervention risk may revive tactical longs – BNY
BNY’s Geoff Yu says JPY selling has largely run its course, while USD/JPY’s return toward 160 keeps intervention risk firmly…
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Equities: Global stocks extend declines as yields rise – Deutsche Bank
Deutsche Bank’s Jim Reid notes that rising nominal and real yields pressured global equities, with US and European stocks falling and…
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Brent: Geopolitical risk keeps cracks elevated – ING
ING analysts Warren Patterson and Ewa Manthey note Brent has pushed back above $95/bbl as escalating Persian Gulf tensions revive…
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US Dollar: August inflation key to September Fed decision – Commerzbank
Antje Praefcke at Commerzbank highlights that markets now price nearly a 70% chance of a September Fed hike after Chair Kevin Warsh’s…
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British Pound: Downside risk toward 1.3480 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD broke below its anticipated intraday range, dropping to 1.3507 as downside momentum…
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Euro: Pressured as ECB hike looms – Danske Bank
Danske Research Team notes that EUR/USD slipped below 1.1600 as the US Dollar strengthened on a hawkish Federal Reserve stance…
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Canadian Dollar: Trade tensions and extended BoC hold – TD Securities
TD Securities highlights asymmetric upside risk in USD/CAD as US–Canada trade tensions escalate. Section 338 tariffs are expected to shave…
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