Societe Generale strategists note EUR/CHF has broken a short-term uptrend and failed to hold its 200-day moving average, reinforcing downside momentum. The cross is drifting toward the May low near 0.9095, identified as…
The Australian Dollar (AUD) underperforms its major currency peers on Tuesday, trading 0.45% lower to near 0.6965 against the US Dollar (USD) during the European trading session.
We don’t expect today’s US midterm results to cause structural shifts in FX, but the dollar may face some short-term pressure should the Democrats secure both the House (widely expected) and the Senate (close call). Els…
EUR/CAD depreciates after registering gains the previous day, trading around 1.5620 during European hours on Tuesday. The currency cross is facing challenges as the Canadian Dollar (CAD) receives strong support from ris…
Francesco Pesole at ING notes EUR/USD is trying to establish support around 1.1200 after a strong start to the week. A Democratic sweep could offer some help, but he does not foresee major sentiment changes. Persistent …
The Indian Rupee (INR) extends its winning streak against the US Dollar (USD) for the third trading day on Tuesday. As of writing, the USD/INR pair is down 0.15% to near 94.75.
The GBP/USD pair trades on a flat note near 1.3405 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the key events later this week, including the US midterm elections,…
EUR/JPY inches lower after posting modest gains in the previous day, trading around 176.70 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a …
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some dip-buyers during the Asian session on Tuesday, reversing a part of the previous day's heavy losses to the $94.30 area, or an over two-wee…
Gold (XAU/USD) weakens further below $3,950 during the Asian session on Tuesday, reversing part of the previous day's recovery from a one-year low set last week. Data released on Monday showed that US manufacturing sect…
The Australian Dollar (AUD) faces selling pressure against its peers after the Reserve Bank of Australia’s (RBA) interest rate decision. Against the US Dollar (USD), the Australian currency is down 0.25% to near 0.6975.
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reason behind raising the key interest rate by 25 basis points (bps) to 4.85% from 4.60% in the November policy…
Uber Technologies UBER, the San Francisco-based ride-hailing giant, continues to benefit from strong growth in gross bookings, driven by steady demand across its platform. The company has been recording solid double-dig…
About half of the Euro's climb on a weaker Dollar has already gone. EUR/USD rose from a session low just above 1.1150 to just under 1.1250, its highest since October 22, before falling back to just under 1.1200. It went…
Crude Oil has fallen on hopes for a US-Iran deal, and the Dollar has fallen with it, which has put GBP/USD at its highest since mid-September. The pair climbed to just under 1.3450, then gave back about two-thirds of th…
Investors sold tech after Oracle (ORCL) filed to raise $20 billion for artificial intelligence (AI) and bought the industrial and retail names that fill the Dow Jones Industrial Average.
Commerzbank’s Volkmar Baur highlights that Chinese sentiment weakened in October as official manufacturing and non-manufacturing PMIs fell below 50, while construction new orders dropped towards record lows. Input costs…
OCBC strategists Sim Moh Siong and Christopher Wong retain a cautious stance on the Indonesian Rupiah (IDR), forecasting USD/IDR at 18100 by end-2026, peaking at 18200 in 1Q27 before easing to 17850 by end-2027.
Gold (XAU/USD) rebounds and gains over 2% on Monday as crude prices drift lower, dragging the US Dollar (USD) lower due to its positive correlation, as elevated energy prices exert pressure on inflation. XAU/USD trades …
August 7, 2026, 3:53 AM EDT. SpaceX NASDAQ:SPCX is currently priced well below Wall Street’s highest target of $800, pointing to an 86% discount. The company has posted strong expansion, with Q2 revenue climbing to $7.8…
Australia’s share market recorded slight gains by the close on Friday despite a massive sell-off in Wall Street technology shares.
Rabobank's Senior FX Strategist Jane Foley notes that the Reserve Bank of New Zealand's (RBNZ) unexpected decision to keep rates unchanged surprised markets positioned for a hike. The central bank highlighted subdued do…
It's a calmer start to the new week/month as we get November trading underway. After the bloodbath on Wall Street at the end of last week, we are seeing a steadier mood today but one that looks to be just a bit of respi…