West Texas Intermediary (WTI) Crude Oil barrel prices staged a mild rally to recover the $88.50 level after finishing a week-long plunge into three-we
The EUR/USD is looking to build out a floor on Tuesday, down a scant 0.18% for the day's market session as Euro (EUR) bulls try to find a foothold hea
The GBP/JPY got completely shredded early Tuesday, plummeting nearly 300 pips inside sixty seconds to just shy of 178.00. Markets are broadly assuming
The AUD/USD is pinned into the 0.6300 level after the Reserve Bank of Australia (RBA) kept its benchmark rate at 4.1% early Tuesday. The RBA was broad
GBP/USD fell to 1.2051, a seven-month low Tuesday as speculative interest rushed into the safe-haven US Dollar. The American currency rallied on renew
The Canadian Dollar (CAD) continues to sink against the US Dollar (USD) as broad-market risk-off flows remain the overall theme for investors on Tuesd
Following Monday's sharp decline, NZD/USD came under renewed bearish pressure on Tuesday and dropped to its weakest level in nearly three weeks below
Cleveland Federal Reserve President Loretta Mester said on Tuesday that she is likely to favor an interest rate hike at the next meeting if the curren
United States 52-Week Bill Auction rose from previous 5.12% to 5.185%
New Zealand GDT Price Index declined to 4.4% from previous 4.6%
Commenting on the Federal Reserve's (Fed) policy outlook, "I am not in a hurry to raise, not in a hurry to reduce either," Atlanta Fed President Rapha
Denmark Currency Reserves down to 605.8B in September from previous 606.4B
The Canadian Dollar advanced in September which was notable given the broad US Dollar strength. Economists at MUFG Bank analyze Loonie’s outlook. CAD
The Reserve Bank of New Zealand (RBNZ) will announce its Interest Rate Decision on Wednesday, October 4 at 01:00 GMT and as we get closer to the relea
The USD/JPY experienced a sudden collapse, plunging more than 250 pips within a few minutes. The pair, which had been trading above 150.00 following t
In September, the Yen weakened further versus the US Dollar. Economists at MUFG Bank analyze USD/JPY outlook. Yen weakness to turn The risk-reward in
Sliver price (XAG/USD) resumes its downside journey as the United States Bureau of Labor Statistics has reported an upbeat JOLTS Job Opening report. I
The yield on the 10-year US Treasury climbed 50 basis points in September, starting the month at 4.11% and ending at 4.61%. Economists at UBS analyze
EUR/USD alternates gains with losses after bottoming out in new 2023 lows near 1.0460 on Tuesday. If bears remain in control, the pair could embark on
United States JOLTS Job Openings came in at 9.61M, above forecasts (8.8M) in August
United States IBD/TIPP Economic Optimism (MoM) came in at 36.3, below expectations (41.6) in October
The Euro is approaching lows of the year. Economists at MUFG Bank analyze EUR/USD outlook. USD upside risks over the short term but depreciation shoul
DXY picks up extra pace and surpasses the 107.00 barrier for the first time since November 2022. The continuation of the rally could prompt the index
The Yen has gone from bad to worse with USD/JPY trading around 150. Economists at Nordea analyze the pair’s outlook. BoJ continues to disappoint The g
EUR/JPY navigates a narrow range around 157.00 following Monday’s strong pullback. In the meantime, the cross remains stuck within the consolidative r
The Mexican Peso showed a sizeable weakening in September. Economists at MUFG Bank analyze MXN outlook. Tight monetary policies abroad and Mexican pre
The NZD/USD pair drops vertically to near the round-level support of 0.5900 in the early New York session. The Kiwi asset faces selling pressure as th
Economist at UOB Group Enrico Tanuwidjaja and Junior Economist Agus Santoso assess the recently published inflation figures in Indonesia. Key Takeaway
Singapore Purchasing Managers Index climbed from previous 49.9 to 50.1 in September
As a result of this recent weakness, the Pound has lost its crown as the best performing G10 currency in the year to date. Economists at Rabobank anal
United States Redbook Index (YoY) fell from previous 3.8% to 3.5% in September 29
UOB Group’s Economist Ho Woei Chan, CFA, reviews the latest set of PMI releases in the Chinese economy. Key Takeaways The official and private sector
The AUD/USD pair witnessed extreme selling pressure after the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.10%. The Aussie asset
USD sentiment remains bullish. Economists at Scotiabank analyze Greenback’s outlook. Technical signals suggest the rise may slow in the short run The
Brazil Industrial Output (YoY) below expectations (1%) in August: Actual (0.5%)
Brazil Industrial Output (MoM) below forecasts (0.5%) in August: Actual (0.4%)
EUR/USD steady after sliding to a new cycle low. Economists at Scotiabank analyze the pair’s outlook. The trend is your friend Comments from a Finnish
The GBP/USD pair tests retracement support just below 1.21. Economists at Scotiabank analyze Cable’s technical outlook. Resistance is seen at 1.2115 C
The CAD’s slump over the past few days is its worst three-day run since last November. Economists at USD/CAD analyze USD/CAD outlook. Bullish momentum
The US Dollar (USD) seems to like the number 11 as the Greenback was able to book its eleventh week of gains last week and currently has breached the
The US Dollar has surged in recent months. Economists at Charles Schwab analyze Greenback’s outlook. Where is the US Dollar headed? The Dollar's stren
The RBA's new Governor Michele Bullock sent a message of continuity and added pressure on AUD. Economists at ING analyze Aussie’s outlook. New RBA gov
Natural Gas prices are on the brink of a breakdown as a very mild fall kicks off the last two seasons in Europe, weighing on demand. In several parts
The AUD/NZD pair printed a fresh four-month low at 1.0680 on Tuesday after the Reserve Bank of Australia (RBA) announced an unchanged interest rate de
The quarter-end flows effect has faded. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes the FX market outlook. What to own amid t
Gold price (XAU/USD) continues its decline, pressured by multiple headwinds. Federal Reserve (Fed) policymakers support one more interest rate increas
The GBP/JPY pair attracts bids near 180.50 while the broader bias remains bearish as a stealth intervention by the Bank of Japan (BoJ) in the FX domai
“We don't see a stagflation prospect in the euro area, European Central Bank (ECB) Governing Council member,” Tuomas Välimäki, said on Tuesday. “It ap
Monday’s price action set markets back on the short-bonds/long-USD track that has been the norm since mid-July. Economists at ING analyze USD outlook.
Economist at UOB Group Lee Sue Ann suggests the RBNZ could pause its hiking cycle at its event later in the week. Key Quotes There is a risk that the
USD/CHF traces the upward path on the second day due to the firmer US data and weaker-than-expected Switzerland’s inflation figures. The Swiss Consume
The Australian Dollar depreciated again in September but the drop was more modest than in August. Economists at MUFG Bank analyze Aussie’s outlook. AU
Further side-lined trade looks the name of the game for USD/CNH for the time being, comment UOB Group’s Markets Strategist Quek Ser Leang and Senior F
Open interest in in natural gas futures markets increased for the third consecutive session on Monday, this time by around 5.5K contracts according to
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS). The publication will provid
USD/JPY could still advance further and surpass the key 150.00 hurdle in the short-term horizon, according to UOB Group’s Markets Strategist Quek Ser
CME Group’s flash data for crude oil futures markets noted traders reduced their open interest positions for the third consecutive session on Monday,
EUR/USD looks on track to test the 1.0400 support level, economists at ING report. Back-end yield premium weighing on the Euro The 10 bps tightening i
The USD/CAD pair gains positive traction for the third straight day on Tuesday and climbs to its highest level since late March, albeit retreats a few
Spain 12-Month Letras Auction increased to 3.862% from previous 3.67%
Spain 6-Month Letras Auction rose from previous 3.654% to 3.823%
GBP/USD looks on track to test the 1.2000 support level, economists at ING report. 1.2000 in sight The GBP/USD 2-year swap rate gap has shrunk to only
EUR/GBP extends its gains for the fourth successive day, trading higher around 0.8670 during the European trading hours on Tuesday. The British Pound
AUD/USD drifts to 11-month low on RBA hold. Economists at Société Générale analyze the pair’s outlook. Regaining downward momentum AUD/USD has experie
Here is what you need to know on Tuesday, October 3: Following a quiet start to the new week, the US Dollar (USD) benefited from surging US Treasury b
Brazil Fipe's IPC Inflation rose from previous -0.2% to 0.29% in September
Economists at MUFG Bank turn cautious INR in the near-term but remain positive on India’s macro over the medium to long term. USD/INR likely to trade
The Pound Sterling (GBP) witnessed a sell-off on Monday after a pullback move and has extended the downside move on Tuesday as investors foresee a slo
USD/JPY hovers around 149.80 during the early European trading session on Tuesday, slightly below its highest level in eleven months. The Bank of Japa
The Euro (EUR) accelerates its losses against the US Dollar (USD), dragging EUR/USD to the area of new YTD lows around 1.0460 on Tuesday. In the meant
The New Zealand Dollar actually advanced marginally versus the US Dollar in September and was the best performing G10 currency. Economists at MUFG Ban
The Reserve Bank of Australia kept rates unchanged. Economists at TD Securities highlight takeaways from the meeting. RBA to keep the target cash rate
Western Texas Intermediate (WTI) oil price trades lower around $87.70 per barrel. The Crude oil prices are experiencing a fourth consecutive day of lo
Turkey Consumer Price Index (MoM) below expectations (4.88%) in September: Actual (4.75%)
Turkey Producer Price Index (MoM): 3.4% (September) vs previous 5.89%
Spain Unemployment Change dipped from previous 24.826K to 19.768K in September
Turkey Consumer Price Index (YoY) came in at 61.53% below forecasts (61.7%) in September
Turkey Producer Price Index (YoY) declined to 47.44% in September from previous 49.41%
Indian government bonds will be included in the JP Morgan GBI EM Index from June 2024 onwards. Economists at Société Générale note that the announceme
The USD/CHF pair gains traction above 0.9200 during the early European session on Tuesday. The upside of the pair is bolstered by the firmer US data a
France Budget Balance declined to €-187.934B in August from previous €-168.99B
Switzerland Consumer Price Index (MoM) came in at -0.1%, below expectations (0%) in September
Switzerland Consumer Price Index (YoY) below forecasts (1.8%) in September: Actual (1.7%)
European Central Bank (ECB) Chief Economist, Philip Lane, made some comments on the bloc’s inflation outlook. Key quotes We won't make progress to 2%
OPEC countries' new strategy is driving up Oil prices. Economists at Natixis analyze the big difference between the effects of high Oil prices on the
European Central Bank (ECB) Governing Council Gediminas Šimkus said on Tuesday, “Inflation is on its way down.” Further comments The prompt response o
NZD/USD extends its losses on the second consecutive day, trading around 0.5910 during the Asian session on Tuesday. The US Dollar Index (DXY) climbed
In the view of UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, extra downside in NZD/USD is likely to meet a tough
Silver price (XAG/USD) recovers some lost ground around $21.00 during the early European session on Tuesday. However, the upside of the silver price s
FX option expiries for Oct 3 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0495 1.3b 1.0600 480m - GBP/USD: GBP
The USD Index (DXY), which tracks the greenback vs. a bundle of its main rival currencies, extends the robust uptrend above the 107.00 barrier to prin
Australia RBA Commodity Index SDR (YoY): -22% (September) vs -23.2%
Australia RBA Commodity Index SDR (YoY) rose from previous -23.2% to 22% in September
Australia RBA Commodity Index SDR (YoY) up to -22% in September from previous -23.2%
Further weakness could drag GBP/USD to the 1.2000 zone in the next few weeks, note UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strateg
Considering advanced prints from CME Group for gold futures markets, open interest increased for the second session in a row on Monday, this time by a
The GBP/USD pair extends its downside and trades in negative territory for the fifth consecutive week during the early European trading session on Tue
UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia suggest EUR/USD could weaken further and even break below 1.0400. Ke
Asian shares fell on Tuesday, with Japan's Nikkei, Hong Kong's Hang Seng Index and Australia's S&P/ASX 200 Index falling anywhere between 1% to 3%. Th
The EUR/USD pair extends its downside around 1.0465 after breaking below the 1.0500 mark during the Asian trading hours on Tuesday. The downtick of th
Gold price (XAU/USD) has been trending lower after the Federal Reserve (Fed) warned that sticky inflation was likely to attract at least one more inte
USD/INR struggles to snap the recent gains, hovering around 83.20 during the Asian session on Tuesday. US Dollar (USD) benefits due to the market caut
The AUD/JPY cross attracts some buyers and hovers around 95.15 during the Asian session on Tuesday. The pair posts modest gains following the Reserve
Australia RBA Interest Rate Decision in line with expectations (4.1%)
USD/MXN continues the gains on the second successive day, trading higher around 17.7150 aligned with the 17.7200 psychological level during the Asian
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.95 so far on Tuesday. WTI trades in negative territory for the fif
The USD/CAD pair builds on last week's solid bounce from the vicinity of the very important 200-day Simple Moving (SMA) support near the 1.3400 mark a
USD/JPY surges to its highest level in eleven months, hovering around the 149.90. This upward movement is attributed to the US Dollar (USD) benefiting
Japanese Finance Minister Shunichi Suzuki said on Tuesday that he “will stand ready to respond while closely watching FX moves.” Additional comments I
The GBP/USD pair is seen oscillating in a narrow trading band below the 1.2100 mark and consolidating its recent losses to the lowest level since Marc
The Australian Dollar (AUD) continues its losses on Tuesday due to another surge in US Dollar (USD) and US Treasury yields. Additionally, the AUD/USD
Gold price (XAU/USD) prolongs its recent well-established downtrend for the seventh successive day and drops to the $1,820 area, its lowest since Marc
The USD/CHF pair holds positive ground for two straight days but remains capped below the 0.9200 barrier during the early Asian session on Tuesday. Th
The EUR/USD pair now seems to have entered a bearish consolidation phase and is seen oscillating in a narrow trading band, around the 1.0465 area, or
The Reserve Bank of Australia (RBA) is on track to keep its key interest rate unchanged for the fourth straight time on Tuesday, in a meeting that wil
Australia Home Loans came in at 2.6%, above expectations (0%) in August
Australia Investment Lending for Homes climbed from previous -0.1% to 1.6% in August
Australia Building Permits (YoY) declined to -22.9% in August from previous -10.6%
Australia ANZ Job Advertisements dipped from previous 1.9% to -0.1% in September
Australia Building Permits (MoM) came in at 7%, above forecasts (2.5%) in August
The NZD/USD pair remains under selling pressure below the mid-0.5900s after falling to hold above the 0.6000 barrier during the early Asian trading ho
Adding to her earlier comments, Federal Reserve Bank of Cleveland President Loretta Mester, during the Q&A session before the 50 Club of Cleveland Mon
Japan Monetary Base (YoY) above expectations (1.6%) in September: Actual (5.6%)
Federal Reserve Bank of Cleveland President Loretta Mester speaks on her economic outlook on Monday, per Reuters. Key quotes "Monetary policy path dep
The USD/JPY is pushing into its highest prices in eleven months, driving towards the 150.00 major handle as the US Dollar (USD) catches a broad-market
The Biden administration has warned China that additional export restrictions on AI chips and chipmaking tools to China are due early this month, per
The EUR/JPY retreated from last week’s high of around 158.47 amid fears of an intervention by Japanese authorities, dropped 0.54% on Monday, and reach
United Kingdom BRC Shop Price Index (YoY) fell from previous 6.9% to 6.2% in August
The AUD/USD pair consolidates its recent losses above the mid-0.6300s during the early Asian session on Tuesday. Traders prefer to wait on the sidelin
The US Dollar Index (DXY) has climbed to a fresh eleven-month high above 107.00 on Monday, and the DXY is up nearly 7.5% from July's bottom just south
The XAG/USD continues to sag, crashing into the $21.00 handle as Monday see Silver prices extend declines kicked off in Friday's broad-market sell-off
The British Pound (GBP) tanks more than 100 pips versus the US Dollar (USD), after hitting a daily high of 1.2219. Nevertheless, offers at around 1.22
New Zealand NZIER Business Confidence (QoQ) climbed from previous -63% to -52% in 3Q