Category: Forex
Brent: Prolonged Hormuz closure lifts price outlook – R...
RaboResearch Global Economics & Markets updates its Brent crude outlook as it assumes the Strait of Hormuz remains closed for seve...
New Zealand Dollar: Hawkish RBNZ supports currency – Da...
Danske Research Team notes that the Reserve Bank of New Zealand (RBNZ) kept its policy rate at 2.25%, matching expectations, but s...
United States Dollar Index (DXY) flatlines around 99.00...
The US Dollar (USD) is trading sideways against its main peers on Wednesday. The US Dollar Index (DXY), which measures the value o...
Japanese Yen: Yield focus and BoJ risks – MUFG
MUFG’s Derek Halpenny notes USD/JPY is broadly stable as Japanese Government Bond demand improves and crude Oil declines support l...
Oil: Iran talks keep prices volatile – Deutsche Bank
Deutsche Bank analysts note Brent Oil retraced about half of Monday’s sharp fall as optimism over a potential US-Iran deal faded s...
Australian Dollar: 0.7070 support in focus against USD ...
Societe Generale analysts highlight that AUD/USD has pulled back toward its 50-day moving average after an interim high near 0.728...
Indian Rupee ticks up while US-Iran deal and Hormuz unc...
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) in the opening session on Wednesday.
Japanese Yen hits one-month lows against US Dollar, bo...
The Japanese Yen (JPY) keeps drifting lower against the US Dollar (USD) on Wednesday. The USD/JPY pair ticks higher for the fourt...
United States MBA Mortgage Applications fell from previ...
United States MBA Mortgage Applications fell from previous -2.3% to -8.5% in May 22
Pound Sterling coils while the BoE and Fed freeze in lo...
Cable looks dead this week, and that is not an accident. The Bank of England (BoE) and the Federal Reserve (Fed) have quietly beco...
Indonesian Rupiah: Macro headwinds versus reversal risk...
MUFG’s Lloyd Chan highlights that macro headwinds continue to pressure the Indonesian Rupiah, with higher US yields, elevated Oil ...
South Korea BOK Manufacturing BSI rose from previous 72...
South Korea BOK Manufacturing BSI rose from previous 72 to 80 in June