Category: Trading
Bessent says Fed should "wait and see" before cutting r...
US Treasury Secretary Scott Bessent crossed the wires on Tuesday, stating that he’s “quite confident” that core prices would conti...
USD/CAD pares losses as Oil slides below $90 on US-Iran...
USD/CAD trims some of its earlier losses on Tuesday as easing Oil prices on renewed US-Iran talks optimism weigh on the commodity-...
What Strait? US stocks soar as Oil market sells off on ...
Talks of another round of negotiations between the US and Iran are pushing US stock indices higher on Tuesday. Oil (WTI) futures b...
ECB’s President Lagarde: We have to be data dependent
Christine Lagarde, President of the European Central Bank (ECB), spoke to Bloomberg TV on Tuesday. She claimed that they need to k...
Asia FX: Mixed implications of Strait of Hormuz risk – ...
MUFG’s Senior Currency Analyst Michael Wan highlights that Trump has begun a US naval blockade of the Strait of Hormuz, but risk a...
USD/JPY tumbles as softer US data and BoJ hawkish tilt ...
The USD/JPY pair is trading with a bearish bias near the 158.90 region on Tuesday, extending recent losses as the US Dollar (USD) ...
GBP/USD nears 1.3590 as softer US PPI sinks Dollar dema...
The Pound Sterling (GBP) advances on Tuesday as traders remain optimistic about a possible resolution to the US-Iran conflict. At ...
Dow Jones Industrial Average climbs as soft PPI, Iran c...
The Dow Jones Industrial Average (DJIA) gained around 300 points, or 0.60%, trading near 48,500. The S&P 500 rose 1.1% while the N...
USD/SGD: MAS tightening supports stronger Singapore Dol...
Commerzbank’s Charlie Lay and Moses Lim note that Monetary Authority of Singapore (MAS) has tightened policy by slightly increasin...
WTI Oil retreats for third day on US-Iran diplomacy hop...
West Texas Intermediate (WTI) US Oil declines on Tuesday, with the barrel trading around $89.10 at the time of writing, down 3.93%...
USD/KRW: Two-way trade with geopolitical risk – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note USD/KRW traded higher on heightened Middle East tensions and Oil gains, w...
AUD/USD Price Forecast: Bulls eye break above 0.7150-0....
AUD/USD trades with a mild positive bias on Tuesday, supported by a softer US Dollar (USD) as renewed hopes of US-Iran talks weigh...
