Gold: Range-bound near term, upside later – HSBC
HSBC’s Willem Sels and Lucia Ku observe that Gold failed to rally during the Middle East conflict and has traded lower despite hit...
Euro holds losses against Japanese Yen as Eurozone infl...
EUR/JPY halts its four-day winning streak, trading around 185.40 during the European hours on Wednesday. The currency cross holds ...
Polish Zloty: Lower Polish inflation pressures PLN agai...
ING strategist Frantisek Taborsky notes Polish inflation fell to the National Bank of Poland’s 2.5% target, with broad price decli...
WTI Oil dips below $69 on reports of resuming US-Iran t...
Crude Oil prices keep drifting lower after having closed the second quarter with the sharpest decline since 2020.
Euro weakens vs Yen amid slower Eurozone inflation, Jap...
EUR/JPY trades around 185.40 at the time of writing, down 0.15% on Wednesday, as the Euro (EUR) weakens while the Japanese Yen (JP...
United States Challenger Job Cuts: 45.849K (June) vs pr...
United States Challenger Job Cuts: 45.849K (June) vs previous 97.006K
Turkish Lira: Trade data fail to ease Lira pressure – C...
Commerzbank’s Tatha Ghose argues that Turkey’s seemingly improved trade data are largely optical, with seasonally-adjusted figures...
Indian Rupee slumps against US Dollar amid surging US T...
The Indian Rupee (INR) trades sharply lower against the US Dollar (USD) on Wednesday, with the USD/INR pair rising to near 95.16. ...
Hungarian Forint: Rally meets fiscal concerns – Societe...
Societe Generale strategists highlight that the HUF has delivered its strongest quarter since 2009, supported by a pro‑EU shift an...
Japanese Yen: Gradual weakness risks with BoJ tightenin...
MUFG’s Derek Halpenny notes that stronger Tankan data support the June BoJ rate hike and could justify faster tightening ahead, bu...
Factories hold their ground as stocks coil for a break
Today brings the June ISM Manufacturing print, and the setup is more interesting than a single headline number suggests.
US Dollar: Labor data and confidence guide outlook – TD...
TD Securities strategists discuss several US indicators, expecting the June ISM Manufacturing index to edge down, while noting tha...
