West Texas Intermediate (WTI) US crude Oil prices come under heavy selling pressure on Tuesday and drop to a nearly three-week low, around mid-$66.00s during the first half of the European session.
Japan's newly appointed Economy Minister Ryosei Akazawa said on Tuesday that he wants the Bank of Japan (BoJ) to decide on ...
European Central Bank (ECB) policymaker Oli Rehn said in a speech on Tuesday that the “pace and scale of rate cuts will be ...
Volatility: China’s market can be unpredictable. While the stimulus announcements have brought a sense of optimism, there are still concerns about the structural headwinds that need deeper reforms.
The Pound Sterling (GBP) is expected to trade in a 1.3325/1.3410 range. In the longer run, current price movements are likely part of a range trading phase between 1.3300 and 1.3430, UOB Group FX ...
Fed Chair Jerome Powell explicitly pushed back against a 50bp rate cut by year-end, and Israel started a ground offensive in Lebanon. In other conditions, the US Dollar (USD) would have rallied on ...
NZD/USD trades around 0.6310 during the European hours on Tuesday, breaking its three-day winning streak. On Monday, Federal Reserve (Fed) Chairman Jerome Powell said the central bank is not in a ...
The US Dollar (USD) gets a bump up as market took cues from NABE speech from Fed Chair Powell to take profit on USD shorts. MYR and THB led declines today. DXY was last at 101.00, OCBC FX strategists ...
President-elect Claudia Sheinbaum takes over from outgoing President Andres Manuel Lopez Obrador on Tuesday.
The start of Q4: Powell pushes back on a 50bp rate cut, as Greggs sinks and Mulberry rejects Ashley’s advances.
The Euro (EUR) has likely entered a range trading phase, probably between 1.1060 and 1.1215, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.
Market sentiment appears to be cautious as S&P 500 futures have posted nominal losses in European trading hours. The US ...