Commerzbank’s Tatha Ghose highlights that Poland’s National Bank (NBP) is expected to keep its base rate at 3.75% in October, with guidance from Thursday’s press conference key. Several MPC members now see scope for rat…
A hawkish dot plot in September suggests today's FOMC minutes shouldn’t surprise on the dovish side. At the same time, softish post-meeting data probably raise the bar for a positive dollar reaction today. Eyes should r…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through buying for the second consecutive day on Wednesday, building on the previous day's rebound from an over one-month low. The …
The Indian Rupee ((INR) remains broadly muted at around 96.37 against the US Dollar (USD) after the Reserve Bank of India’s (RBI) monetary policy decision. In the policy meeting, the RBI decide to hike its Repo Rate by …
Gold (XAU/USD) meets with a fresh supply during the Asian session on Wednesday, stalling the previous day's modest bounce from the $4,100 neighborhood, or a two-month low.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced on Wednesday that it raised the benchmark Repo Rate by 25 basis points (bps) to 5.50% from 5.25% following the conclusion of the October moneta…
US Vice President (VP) JD Vance said that Iran must reduce nuclear enrichment capacity to satisfy US demands and end the countries’ seven-month war, Reuters reported on Tuesday. Vance added that Washington remained open…
The Bank of Japan's (BoJ) new policymaker Ayano Sato said that she supports the idea of raising interest rates in several stages, Reuters reported on Tuesday.
MELBOURNE, Fla. – The Federal Aviation Administration has proposed a rule that would allow the agency to waive requirements tied to 13 federal laws for certain commercial space licenses and permits.
210.00 has capped GBP/JPY three times since September 24, give or take a few pips, the latest on Tuesday. The cross trades just under it, in the upper part of a band that has contained it since early September.
Gold price (XAU/USD) rises to near $4,165 during the early Asian session on Wednesday. The precious metal rebounds as long-dated Treasury yields eased from Monday’s multi-decade highs and oil prices fell.
The Australian Dollar extends its rally to three consecutive days, up 0.14% on Tuesday, as the US Dollar behaves erratically ahead of the release of the Federal Reserve’s September meeting minutes on October 7. The AUD/…
Australian consumer sentiment fell 4.7% to 80.4 in October, and the Reserve Bank of Australia (RBA) hike on September 29 did most of the damage. AUD/NZD trades just above 1.2400 on its first down day after a three-sessi…
The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders awaiting the release of the minutes of the Federal Reserve’s last m…
On Tuesday, Bank of Japan (BoJ) Governor Ueda gave his first major speech since the September 18 hike, and USD/JPY's whole range stayed inside Monday's. The pair trades just above 158.00, with futures still pricing abou…
San Francisco Fed President Mary Daly said she supported September’s rate hike and that additional rate hikes may be needed, depending on external shocks.
Volkmar Baur at Commerzbank highlights China’s new anti-dumping probe into EU nitrotoluenes as likely linked to broader trade frictions. A Franco-German non-paper urges tougher EU action on dumping, subsidies and curren…
West Texas Intermediate (WTI) rebounds on Tuesday as shipping risks in the Strait of Hormuz keep Oil prices supported despite improving Middle East exports, with US-Iran talks still deadlocked. At the time of writing, W…
Brent fell below $98 a barrel as Gulf exports picked up, and bond yields in Europe and the US fell with it. France got the most relief, as the extra yield investors want for holding its 10-year debt over Germany's narro…
The Pound Sterling (GBP) advances about 0.40% on Tuesday as the Greenback retreats from multi-month highs, boosted by hawkish comments from a Bank of England (BoE) Monetary Policy Committee (MPC) member, while a widenin…
Scotiabank strategists Shaun Osborne and Eric Theoret report that the Canadian Dollar (CAD) is trading flat against the US Dollar, with markets showing little reaction to Quebec’s provincial election. Political risks re…
AUD/USD gains 0.13% on Tuesday and trades around 0.6980 at the time of writing. The Australian Dollar (AUD) benefits from a modest pullback in the US Dollar (USD), as easing US Treasury yields provide support to the pai…
EUR/USD trades on the front foot on Tuesday, drawing support from a modest pullback in the US Dollar (USD). However, concerns over France’s fiscal position keep the Euro’s (EUR) gains in check. At the time of writing, t…
TD Securities notes the US economy and labor market are resilient but not overheating, leading them to push Fed rate hike calls to December 2026 and March 2027. They believe market pricing for Fed hawkishness has peaked…