China’s return has attracted some major institutional investors to the nation’s equities, throwing Alibaba stock to the top of the list. Business fund Read full article
USD/JPY has broken above the 149 level. Economists at MUFG Bank analyze Yen’s outlook. Opposition to currency weakness remains firm We continue to see Read full article
Senior Economist at UOB Group Alvin Liew assesses the BoJ latest monetary policy gathering. Key Takeaways After surprising markets with tweak to YCC i Read full article
The Dollar is finding more strength thanks to a soft risk environment and attractive real rates after the bond sell-off, analysts at ING report. Unsto Read full article
Oil prices are jumping higher this Wednesday with traders bracing for the weekly Energy Information Administration (EIA) report. Although the crude st Read full article
The USD/JPY extended its upside to near 149.20 on Wednesday. The asset continues to attract bids as the US Dollar is resilient amid deepening global s Read full article
The Czech National Bank (CNB) will meet today to make its latest monetary policy decision. Economists at ING analyze Koruna’s outlook as EUR/CZK is gr Read full article
The GBP/JPY pair discovers some buying interest near 181.00 after remaining under selling pressure from the past few trading sessions. The asset may c Read full article
Economist at UOB Group Lee Sue Ann reviews the latest BoE monetary policy meeting. Key Takeaways The Bank of England (BOE) left interest rates unchang Read full article
Brent has faced stiff resistance around the $94-95 mark, hovering at the low $90s since breaking out early in September. Strategists at Rabobank analy Read full article
Gold price (XAU/USD) hits a fresh monthly low as pressure from a strong US Dollar and high Treasury yields deepens after Federal Reserve (Fed) policym Read full article
Economists at ANZ Bank analyze USD/JPY outlook. BoJ intervention is a more credible threat at the 150 mark and beyond While energy prices may be on a Read full article
USD/CAD struggles to extend gains on the second consecutive day, hovering above 1.3510 during the European session on Wednesday. The pair experiences Read full article
Economists at ING now see downside risks for EUR/USD potentially extending to 1.02 in a bond sell-off acceleration. 1.05 may be the bottom in current Read full article
The EUR/GBP cross continues with its struggle to find acceptance above the 0.8700 mark on Wednesday and retreats a few pips from the vicinity of the h Read full article
Economists at ANZ Bank analyze NZD/USD outlook. AUD/NZD to be capped at 1.10 in 2023 We are cautious of the recent turn in economic data surprises in Read full article
DAX is trading nicely as expected within a higher degree A-B-C correction as we have been warning our members in past updates. On September 6th we sha Read full article
CME Group’s flash data for natural gas futures markets noted traders trimmed their open interest positions for the third session in a row on Tuesday, Read full article
The Pound Sterling (GBP) extends its five-day losing spell as investors foresee the United Kingdom economy shifting into a recession due to deteriorat Read full article
USD/CNH continues to point to further side-lined trade in the short-term horizon, suggest UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Read full article
Since mid-July, AUD/USD has declined by 6% from above 0.68 to 0.64, setting a year-to-date low of 0.6357 on 6 September. Economists at ANZ Bank analyz Read full article
European Central Bank (ECB) board member Frank Elderson said in an interview with Market News International on Wednesday, interest rates could still g Read full article
Wang Yiming, a member of the Monetary Policy Committee of the People's Bank of China (PBOC), told an Economic Forum on Wednesday, “China's economic si Read full article
The Euro (EUR) experiences an increasing bearish sentiment against the US Dollar (USD), prompting the EUR/USD to decline and reach fresh six-month low Read full article
Sterling continues to lose ground. Economists at ING analyze GBP outlook. Flagging downside risks to the 1.2000 area in Cable In the UK, the economic Read full article
Here is what you need to know on Wednesday, September 27: The US Dollar Index went into a consolidation phase above 106.00 early Wednesday after posti Read full article
Silver drifts lower for the third successive day on Wednesday and drops to a one-and-half-week low, around the $22.65 region during the early European Read full article
The Swedish Krona has been a big outlier since the start of the week. Economists at ING analyze SEK’s outlook. Riksbank propping Krona? We saw two sha Read full article
FX option expiries for Sept 27 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0500 615m 1.0510-15 1.6b 1.0550 37 Read full article
Gold prices fell to the $1,900 level as the US yields rose to a fresh multi-year high. Strategists at ANZ Bank analyze the yellow metal’s outlook. A r Read full article
The USD/CHF pair holds positive ground for seven straight days during the early European session on Wednesday. As of writing, USD/CHF is up 0.09% on t Read full article
Tuesday was another strong day for the USD. Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes Greenback’s outlook. USD str Read full article
Both domestic and external factors point to a weaker GBP ahead, in the view of economists at HSBC. The cyclical story is unlikely to provide much supp Read full article
The continuation of the upside momentum could push USD/JPY to the 149.50 zone in the next few weeks, according to UOB Group’s Markets Strategist Quek Read full article
USD/JPY hovers slightly below the high since November, trading around 149.10 psychological level during the Asian session on Wednesday. Market caution Read full article
The EUR/USD pair remains under selling pressure for the seventh consecutive day during the early European session on Wednesday. The pair posts its low Read full article
Watch the video extracted from the live session on 27 Sep 2023 below to find out the following: The deeply oversold level S&P 500 could hit before a t Read full article
The USD Index (DXY), which tracks the greenback vs. a bundle of its main competitors, adds to the ongoing rally and records new YTD peaks around 106.3 Read full article
Considering advanced prints from CME Group for crude oil futures markets, open interest resumed the uptrend and went up by around 8.4K contracts, sett Read full article
In the opinion of UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, AUD/USD seems to have now moved into a consolidat Read full article
The USD/CNH pair posts modest gains around 7.3125 during the Asian session on Wednesday. The higher-for-longer rate narrative in the US may undermine Read full article
Extra weakness could drag GBP/USD to the 1.2100 region in the next few weeks, note UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strateg Read full article
GBP/USD continues the losing streak that began on September 20, trading below 1.2150 during the Asian session on Wednesday. Upbeat economic data from Read full article
UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia see EUR/USD slipping back to the 1.0515 region in the near term. Key Read full article
Open interest in gold futures markets shrank for the fourth session in a row on Tuesday, this time by just 123 contracts according to preliminary read Read full article
The NZD/USD pair trades in negative territory for two straight days during the Asian session on Wednesday. The uptick in the pair is bolstered by the Read full article
Gold price (XAU/USD) shows some resilience below the $1,900 mark during the Asian session on Wednesday, albeit struggles to register any meaningful re Read full article
The USD/INR pair struggles to capitalize on its gains registered over the past two days and oscillates in a narrow trading band through the Asian sess Read full article
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.65 so far on Wednesday. WTI recovers its lost ground as expectatio Read full article
USD/MXN attempts to extend gains on the third successive day, trading higher around 17.5580 during the Asian session on Wednesday. The pair experience Read full article
GBP/USD continues the losing streak that began on September 20, trading below 1.2150 during the Asian session on Wednesday. Upbeat economic data from Read full article
The EUR/USD pair enters a bearish consolidation phase and oscillates in a narrow range near its lowest level since March 16, around the 1.0555 area to Read full article
QQQ shows 3 swings lower from July 19, 2023 high favoring further downside to reach equal legs target. The drop from July 19 high is unfolding as a zi Read full article
The AUD/NZD cross attracts fresh buying near the 1.0745-1.0740 area during the Asian session on Wednesday and sticks to its modest gains following the Read full article
The USD/CAD pair trades with a modest loss above the 1.3500 mark during the early Asian trading hours on Wednesday. The hawkish stance from the Federa Read full article
The Australian Dollar (AUD) looks to snap a two-day losing streak against the US Dollar (USD) after Australia’s inflation data release, which showed a Read full article
Japanese Finance Minister Shunichi Suzuki is out on the wires, with some verbal intervention, yet again, to save the day for the Yen. Suzuki said agai Read full article
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1777, compared with the previous day's Read full article
Following the third-quarter monetary policy meeting, the People’s Bank of China (PBOC) said that they will “step up macro policy adjustments.” The Chi Read full article
The USD/JPY pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band through the Asian session. Spot prices Read full article
Gold price (XAU/USD) attracts some sellers around $1,902 during the early European session on Wednesday. Precious Metal faces some selling pressure du Read full article
The Bank of Japan (BoJ) Board members shared their views on monetary policy outlook and Yield Curve Control (YCC), per the BoJ Minutes of the Septembe Read full article
A US House of Representatives bill to fund parts of the federal government cleared a procedural hurdle on Tuesday, though the Republican-backed measur Read full article
The GBP/JPY is down nearly 80 pips heading into the Wednesday market session, with the Pound Sterling (GBP) continuing to flag against the Japanese Ye Read full article
The AUD/USD pair remains under selling pressure and drops below 0.6400 during the early Asian session on Wednesday. The pair is weighed by the negativ Read full article
EUR/JPY failed to gain traction past the 158.00 figure, instead retreated towards the 157.50s area, and recorded losses of 0.07% on Tuesday. As Wednes Read full article
The Australian Monthly Consumer Price Index (CPI) inflation data for August will be published by the Australian Bureau of Statistics (ABS) on Wednesda Read full article
The Standard & Poor's (S&P 500 equity index declined in Tuesday's market session, sliding 64 points to close at $4,273.53. The Dow Jones Industrial Av Read full article
IONQ Inc., (IONQ) engages in the development of general-purpose quantum computing systems in the US. It sells the access to quantum computers of vario Read full article
GDXJ, short for VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund (ETF) that focuses on providing exposure to junior companies involve Read full article
The British Pound (GBP) still trades on the back foot against the US Dollar (USD) slumps below the 1.2200 psychological level, with sellers setting th Read full article
West Texas Intermediary (WTI) US crude oil prices have reclaimed the $90/bbl handle in Tuesday's trading window after hitting a two-week low early in Read full article
During the Asian session, Australia will release the Monthly Consumer Price Index, and Japan the Leading Economic Index. The Bank of Japan will publis Read full article
The USD/CAD has decisively reclaimed the 1.3500 major handle for Tuesday. The US Dollar Index (DXY) is pumping higher across the entire market, bolste Read full article
USD/JPY pushes to a new year-to-date (YTD high of 149.18, though traders remain cautious given Japanese authorities' expressions about “undesirable” a Read full article
The Mexican Peso (MXN) slips further against the US Dollar (USD) amid risk aversion and high US bond yields, driving price action in the Forex markets Read full article
Gold price tumbled towards $1900 on Tuesday, weighed by high US bond yields underpinning the Greenback (USD) as traders brace for the Fed’s mantra tha Read full article
The NZD/USD is trading back and forth for Tuesday, capped by the 0.5970 level as markets spread their Kiwi (NZD) bets ahead of a US data-heavy calenda Read full article
The Euro (EUR) caught a small lift against the Greenback (USD) in early Tuesday trading before reversing direction and heading back into bearish terri Read full article
Oil prices are currently up by more than 25% this quarter. Economists at ING expect Brent to break above $100 in the near term. However, they do not b Read full article
Mullen Automotive (MULN), the micro-cap electric vehicle manufacturer out of Brea, California, has witnessed its stock enter a bullish uptrend for the Read full article
USD rose for a 10th consecutive week. Economists at OCB Bank analyze Greenback’s outlook. There will still be some room for USD upticks We retain our Read full article
