Category: Trading
Thailand: Cost-push spike, steady BoT rate – UOB
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya argue that Thailand’s sharp April Consumer Price Index (CPI) jump is dri...
Banxico cuts rates 25 bps to 6.50% as expected
Banco de Mexico (Banxico) reduced borrowing costs by 25 basis points on Thursday, as expected by market participants, from 6.75% t...
Elliott Wave and market breadth align on late-stage ral...
Since April 1, we have tracked a potential rebound within the April 18–28 window, using a blend of Elliott Wave analysis, market b...
Gold holds above $4,700 as Hormuz tensions revive USD d...
Gold (XAU/USD) edges higher on Thursday during the North American session amid heightened tensions in the Middle East due to rumor...
Forex Today: US Dollar holds firm amid fragile US-Iran ...
The US Dollar Index (DXY) is trading with a softer tone near the 98.10 area as markets continue reacting to rapidly shifting headl...
South Korea: Modest tightening prospects – DBS
DBS Group Research economist Ma Tieying expects the Bank of Korea (BoK) to keep its base rate at 2.50% at the May 28 meeting, but ...
NZD/USD struggles as fragile US-Iran peace talks keep m...
The NZD/USD pair is trading with a softer tone near the 0.5940 region on Friday, pressured by cautious market sentiment as investo...
USD/IDR: Overbought conditions and support levels – OCB...
OCBC strategists Sim Moh Siong and Christopher Wong describe USD/IDR as easing from overbought territory as hopes of a US–Iran dea...
Mexican Peso falls as Banxico cuts rates, Hormuz tensio...
The Mexican Peso erases some of its earlier gains and drops some 0.13% as the USD/MXN pair advances after the Bank of Mexico (Banx...
USD/JPY rebounds from lows as Iran ceasefire optimism w...
USD/JPY recovered close to 156.90 on Thursday, edging up roughly 0.4% from Wednesday's slide to 155.04, the lowest level since ear...
AUD/USD slips from multi-year highs as Aussie trade slu...
AUD/USD edged about 0.2% lower on Thursday to around 0.7205, easing back from a multi-year peak just shy of 0.7280 reached earlier...
GBP/USD slips as Iran hope fades and Dollar firms
GBP/USD edged slightly lower to around 1.3550 on Thursday, lower around 0.3% after the pair touched a session high near 1.3645 bef...
