UOB’s Quek Ser Leang and Lee Sue Ann report AUD/USD volatility picked up as the pair spiked to 0.7181 before sliding to 0.7139, with intraday momentum now skewed lower but seen insufficient to reach 0.7120. Over one to …
The Euro (EUR) is sharply down at around 184.66 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross faces intense selling pressure as the Japanese currency outperforms on fresh exp…
BNY’s Geoff Yu says JPY selling has largely run its course, while USD/JPY’s return toward 160 keeps intervention risk firmly in focus. The bank notes that positioning has not yet turned decisively long JPY, but sees sco…
The Euro (EUR) posts moderate losses against the British Pound (GBP) on Wednesday, as the previous two days' recovery has been capped again at a key resistance area between 0.8580 and 0.8585, which holds the top of an a…
The Indian Rupee (INR) opens flat at around 94.90 against the US Dollar (USD) on Wednesday, but is close to its two-month low of 94.80 posted the previous day. The Indian currency is expected to face selling pressure ag…
The Bank of Japan will release its 'Summary' of the April meeting today. This was an 'on hold' meeting, but was eventful. From the day:
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – scales higher for the third straight day – also marking the fifth day of a positive move in the previous six – and climbs to a fresh high since July 24 …
AUD/USD inches higher after recovering its daily losses, trading around 0.7150 during the Asian hours on Wednesday. The pair appreciates as the Australian Dollar (AUD) gains ground following the release of domestic Gros…
Bank of Japan (BoJ) board member Hajime Takata said on Wednesday that the central bank must conduct rate hikes nimbly after assessing accommodation in domestic financial conditions and developments.
Australia’s Gross Domestic Product (GDP) rose 0.4% QoQ in the second quarter (Q2) of 2026 compared with the 0.3% growth in the first quarter (Q1), the Australian Bureau of Statistics (ABS) showed on Wednesday. This read…
The USD/JPY pair is seen consolidating near its highest level since July 31, touched during the Asian session on Wednesday, and trading around the 160.25-160.30 region.
GBP/USD extends its losses for the second successive day, trading around 1.3510 during the Asian hours on Wednesday.
The Reserve Bank of New Zealand (RBNZ) is on track to deliver a follow-through interest rate hike, raising the Official Cash Rate (OCR) by another 25 basis points (bps) from 2.50% to 2.75% on Wednesday.
EUR/USD trades 1.1593, down 0.2% on the session, after failing an overnight rebound off the 100-day simple moving average at 1.1572. The Asian session had the pair at 1.1620. European hours took it apart. The one-and-a-…
US President Donald Trump posted on his Truth Social account on Tuesday that the US is striking Iranian targets near the Strait of Hormuz in retaliation for Iran’s "failed attempt" to add sea mines in the Strait, which …
The US Dollar (USD) has managed to leave behind the negative start to the week and regained balance on Tuesday. The recovery has come on the back of a generalised recovery in US Treasury yields and ongoing tensions in t…
The Dow Jones Industrial Average (DJIA) trades near 52,750, roughly 450 points and 0.85% lower, at fresh session lows made after Central Command confirmed that American forces had begun striking Islamic Revolutionary Gu…
Crude Oil reached its session high in a straight line rather than a grind, with West Texas Intermediate (WTI) pinned beneath $87.50 through the afternoon before taking better than a dollar and a quarter in three consecu…
Iran International reported on Tuesday explosions in Chabahar, Bandar Abbas and other Iranian cities near the Strait of Hormuz.
US Treasury Secretary Scott Bessent said on Tuesday that he emphasized the importance of sound formulation and communication of monetary policy to anchor inflation expectations in a meeting with Bank of Japan (BoJ) Gove…
NZD/USD trades around 0.5900 on Tuesday at the time of writing, down 0.24% on the day. The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), which holds onto modest gains despite the release o…
Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial …
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the therapeutics stocks, including Myriad Genetics (NASDAQ:MYGN) and its peers.
Gold (XAU/USD) extends its pullback from the more-than-three-month high touched last week and falls to a fresh two-week low on Tuesday. Rising expectations of Federal Reserve (Fed) interest rate hikes and fresh tensions…