Gold (XAU/USD) holds modest gains on Thursday as a retreat in US Treasury yields tempers the US Dollar’s (USD) strength, helping the metal regain some ground. However, Gold lacks bullish conviction and remains in a bear…
UOB strategists Quek Ser Leang and Lee Sue Ann note AUD/USD slipped to 0.6943 after previously expecting modest upside, but the move has not generated strong bearish momentum. Intraday, the Australian Dollar (AUD) is se…
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions. Strait of Ho…
AUD/USD extends its losses for the second successive day, trading around 0.6950 during the European hours on Thursday. The pair loses ground as the US Dollar (USD) gains support amid Treasury yields climbing back toward…
The USD/CAD pair attracts some sellers during the first half of the European session on Thursday, though it lacks follow-through and currently trades around mid-1.4200s, nearly unchanged for the day. Moreover, spot pric…
Federal Reserve (Fed) Governor Christopher Waller said in a speech at the Central Bank of the Republic of Türkiye (TCMB) Istanbul Economic Forum on Thursday that more interest rate hikes are needed as inflation remains …
MUFG’s Lee Hardman notes the Dollar index is holding near year-to-date highs even as US rate markets pare back expectations for further Federal Reserve tightening. Softer US data and FOMC minutes signal no urgency to hi…
All participants at the Federal Reserve's (Fed) September 15–16 meeting supported the 25-basis-point rate increase, while most judged that another hike would probably be appropriate by the end of the year. The Minutes s…
U.S. Dollar Index Futures (DXY) – 1H Technical AnalysisMarket Structure The DXY is showing a potential bullish reversal structure after the sharp decline from the 101.48 area. Price formed a significant base around 98.6…
The Indian Rupee (INR) opens mildly higher against the US Dollar (USD) on Thursday due to possible Reserve Bank of India’s (RBI) intervention. According to a Reuters report, Indian central bank likely sold US dollars ne…
NZD/USD experienced volatility after posting modest losses in the previous day, remaining in positive territory and trading around 0.5600 during Asian hours on Thursday. However, the pair could face further downside as …
The Euro (EUR) is up 0.14% at around 177.15 against the Japanese Yen (JPY) during the Asian trade on Thursday. The cross rebounds slightly after Wednesday’s sharp downside move, as the Japanese currency underperforms de…
The AUD/USD pair declines to around 0.6965 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) after hawkish Minutes from the Federal Open Market Committee (FO…
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asian session on Thursday and extends the previous day's modest pullback from the vicinity of its highest lev…
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France's fiscal concerns continued to weigh on…
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day's pullback from a one-and-a-half-week high, around the 158.50 region. Spot prices, however, remain confined in a familiar ra…
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yiel…
Japanese pay grew faster than forecast in August and the Yen weakened anyway. USD/JPY trades near 158.00, back where it was before the release took it to its highest since September 25.
The Australian Dollar makes a U-turn and loses over 0.29% on Wednesday after the Federal Reserve revealed members expect another rate hike towards the year-end. The AUD/USD trades at 0.6963.
Banque de France Governor Moulin said on Wednesday that the strain in French bonds is serious but doesn't meet the conditions for help from the European Central Bank (ECB). French 10-year yields went back up after Tuesd…
The Mexican Peso finishes its winning streak yet holds firm at around Wednesday’s opening price against the US Dollar, after the minutes of the Federal Reserve’s last meeting revealed that officials expect another rate …
The low of every session since September 24 has come within half a cent of 1.3200, and Wednesday made it ten in a row. GBP/USD trades just above 1.3200, below the level Tuesday's rally started from.
The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most o…
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