The Federal Reserve held its target range at 3.50% to 3.75% at 18:00 GMT on a 9-3 vote, with three voting members preferring an immediate quarter-point increase. Previews had that configuration as the hawkish tail, the …
The Federal Reserve held its target range at 3.50% to 3.75% at 18:00 GMT on a 9-3 vote, with three voting members preferring an immediate quarter-point increase, and USD/CAD fell out of a session-long range to print its…
USD/CHF edges higher on Wednesday, hovering near its highest level in more than a year as hawkish Federal Reserve (Fed) expectations contrast with a steady Swiss National Bank (SNB) outlook, weighing on the Swiss Franc …
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is narrowly mixed to softer ahead of the Federal Open Market Committee (FOMC), with swaps pricing a modest chance of a hike but the bank see…
The Dow Jones Industrial Average trades just above 51,800 on Wednesday afternoon, down roughly 900 points and 1.7% from Tuesday's close. The session high just above 52,800 printed before 09:00 GMT, and the tape has sold…
BNY’s Geoff Yu notes that USD exposure is elevated across global portfolios, with strong buying in both equities and bonds generating sizeable rebalancing signals. The bank recommends increasing FX hedges instead of sel…
Silver (XAG/USD) trades around $56.90 on Wednesday at the time of writing, down 0.43% on the day. Price action remains cautious as investors avoid taking large directional positions ahead of the Federal Reserve (Fed) mo…
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that GBP/USD is flat around 1.33, supported by stronger United Kingdom (UK) lending data and stabilizing Bank of England (BoE) expectations. They stress th…
ING analysts Chris Turner and Padhraic Garvey see the Bank of Japan maintaining its tightening bias after June’s move to 1.00%, with most board members viewing Japan’s neutral rate near 2.00%. While some officials may f…
July 29 (Reuters) – GE HealthCare on Wednesday beat Wall Street estimates for second-quarter profit, helped by strong demand for its diagnostic and imaging devices and refunds of tariffs imposed under U.S. President Do…
The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers as they assess how rising crude Oil prices could im…
Michael Pfister of Commerzbank argues that subdued imported inflation and low exchange rate pass-through give the Swiss National Bank (SNB) little reason to tighten policy. Despite a recent uptick in prices, he expects …
UOB’s SGD NEER model shows the index at 1.68% above the midpoint of the policy band, after ending the previous session 171 basis points above it. The model is expected to remain between 1.40% and 1.90% above the midpoin…
According to Reuters, United States (US) President Donald Trump said in a phone interview with Fox News on Wednesday that the US would carry out further strikes against Iran in response to attacks targeting US positions…
The Canadian Dollar (CAD) modestly outperforms the US Dollar (USD) on Wednesday, drawing support from a rebound in Oil prices as the war in the Middle East intensifies again following a brief calm. At the time of writin…
BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers. The bank notes the U.S. interception of Iranian missiles a…
BNY’s Geoff Yu notes Japan’s Government Pension Investment Fund (GPIF) has hired active domestic bond managers for the first time in five years to improve expertise and diversification amid volatile JGB markets. The fun…
ING’s Warren Patterson and Ewa Manthey highlight that speculative net long positions in LME Copper increased notably in the latest COTR data, supported by tight supply and low inventories. They note broader sentiment ha…
uniQure N.V. (NASDAQ:QURE - Get Free Report) shot up 12% during trading on Thursday . The company traded as high as $10.04 and last traded at $10.1250. 1,648,051 shares changed hands during mid-day trading, a decline of…
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Rabobank's Senior FX Strategist Jane Foley discusses how the Federal Reserve (Fed) and Bank of Japan (BoJ) decisions could shape USD/JPY, noting that Fed Chair Warsh’s stance on forward guidance adds uncertainty. Foley …
ING strategists Francesco Pesole and Frantisek Taborsky expect the Federal Reserve to keep rates unchanged, with two dissenters possibly voting for a hike, limiting downside in front-end USD rates. They argue the Dollar…
Commerzbank’s Michael Pfister analyses how the Swiss National Bank’s recent shift toward tolerating a weaker Swiss Franc affects inflation and EUR/CHF. Using a structural exchange rate pass-through model based on invoic…
The US Dollar (USD) stands at a critical juncture as financial markets prepare for the Federal Open Market Committee's (FOMC) upcoming interest rate announcement. Following a volatile month marked by sharp swings in cru…