In a recent podcast, I drew the conclusion that US Treasury Secretary Scott Bessent fancies his chances of the recent FX intervention being successful. We agree that the yen is significantly undervalued and are reminded…
The dollar slipped against major currencies on Wednesday after softer-than-expected U.S. producer prices reinforced signs of easing inflation, bolstering the view that the Federal Reserve can remain patient on interes…
Gold (XAU/USD) builds on Friday's bounce from the $4,300 neighborhood, or a one-week low, and gains some follow-through positive traction at the start of a new week. The commodity, however, struggles to capitalize on th…
The rapid expansion of GLP-1 use is reshaping consumer eating patterns, driving demand for smaller, nutrient-dense, personalized food and beverage options.
August 13, 2026, 3:58 AM EDT. The UAE has reportedly unlocked billions of dollars in previously frozen Iranian assets, including 1.5 tonnes of gold flown out on UAE Royal Jet aircraft. This move saw Bitcoin rebound by 1…
United Overseas Bank’s (UOB) Quek Ser Leang highlights that EUR/USD surged to 1.1585, leaving the Euro (EUR) with a firmer tone against the US Dollar (USD). Intraday, the pair could extend gains toward 1.1590, though 1.…
The GBP/USD pair gains traction to near 1.3555 during the early European trading hours on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as bets for a US Federal Reserve (Fed) rate hike come down. T…
USD/IDR extends its losses for the second successive day, trading around 17,820 during the Asian hours on Monday. The pair may face thin trading conditions as trading volumes remain subdued amid Indonesia’s Independence…
The USD/JPY pair attracts some sellers at the start of a new week, though it lacks bearish conviction and shows some resilience below the 159.00 mark during the Asian session. Moreover, spot prices remain close to a two…
The EUR/USD pair builds on last week's bounce from the vicinity of the 1.1500 psychological mark and attracts follow-through buyers for the third straight day. The momentum lifts spot prices to a two-month high during t…
The Indian Rupee (INR) trades stronger against the US Dollar (USD) on Monday after two days of losses, with the USD/INR pair trading around 95.50 at the time of writing. However, the Indian Rupee (INR) may struggle in t…
Gold (XAU/USD) struggles to capitalize on modest intraday gains at the start of a new week and remains below its highest level since June 5, which it touched last Thursday. The commodity, however, sticks to a positive b…
Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve…
The EUR/USD pair gathers strength to around 1.1575 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the Euro (EUR) amid weaker-than-expected US economic data and shifting central b…
The Japanese economy expanded 0.3% over the quarter in the second quarter (Q2) of 2026, the preliminary report published by the Cabinet Office showed on Monday. This reading followed a 0.5% growth recorded in Q1 and mis…
The AUD/USD pair trades with mild gains near 0.7090 during the early Asian session on Monday. The US Dollar (USD) weakens against the Australian Dollar (AUD) as Federal Reserve (Fed) rate hike odds fade amid weaker US e…
Israel has resumed airstrikes against Lebanon in the past few days after scaling back its attacks in the enclave earlier this month, Reuters reported on Sunday.
A strong aftershock has rattled northern Venezuela, sending terrified residents racing on to the streets five days after the twin earthquakes that killed 1,719 people, left tens of thousands missing and triggered a grow…
The dollar rose to 159.4570 against the yen on Thursday, August 13, up 0.02% from the previous session, after testing 159.53 during the European morning. The pair traded flat near 159.40 through the Asian session and ha…
Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.
The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/US…
US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors. Meanwhile, the lack of news from the Midd…
USD/MXN refreshed 24-month lows below 17.00 on Friday, but it has recovered some ground, with buyers stepping in and reclaiming the 17.00 level. Data from the United States (US) weighed on the Greenback, as consumer sen…
Societe Generale analysts highlight CNY’s firm trend, with the currency advancing to 6.7424, its strongest level since February 2023, on Dollar weakness and lower US yields. The PBoC reiterates an accommodative stance a…