Forex
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GBP flat lines around mid-1.3300s vs USD amid Iran tensions
GBP/USD opens the new week on a subdued note amid a mixed fundamental backdrop. Hormuz risks offer support to the…
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Japanese Yen weakens under high import costs despite JGB yield hitting 30-year highs
USD/JPY rises as the Japanese Yen falls amid high import costs. 10-year JGB yield reaches a fresh 30-year high of…
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New Zealand Dollar declines as NZIER splits on July decision
NZD/USD falls as a 1.0% drop in June’s ANZ Commodity Price Index weakened the NZD. The NZD faces volatility as…
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Canadian Dollar weakens despite higher oil prices
USD/CAD may decline as the commodity-linked Canadian Dollar may receive support from higher oil prices. OPEC+ approved an 188,000-barrel-per-day output…
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Dollar Holds Losses on Easing Rate Hike Bets
The dollar index remained below 101 on Monday after posting weekly losses, as softer-than-expected US jobs data and lower oil…
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Three Markets to Watch Next Week – OIL, US100, NZD/USD
As we enter the new trading week immediately following an extended holiday weekend in the United States, where the nation…
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Mexican Peso : Disinflation keeps Banxico on hold – Wells Fargo
Wells Fargo Economics expects Mexico’s June CPI to confirm gradual disinflation, with headline and core inflation easing but services prices…
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Chart of The Day – USD/JPY – a change in trend?
The USDJPY rose to its highest level since December 1986 (162.8) on Wednesday. Since then, however, it has recorded a…
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South Korean Won Rebounds
The South Korean won strengthened to around 1,540 per dollar, rebounding sharply after nearing its weakest level since 2009, as…
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Australian Dollar remains on the front foot vs weaker USD after China Services PMI
AUD/USD attracts buyers for the second straight day as receding Fed hike bets undermine the USD. Spot prices move little…
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