Category: Trading

Gold consolidates losses as traders weigh Fed outlook a...

Gold (XAU/USD) holds modest losses on Wednesday even as the US Dollar (USD) remains under broad pressure, while evolving Middle Ea...

GBP/USD holds near 1.3570 as Iran talk optimism cools

The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks h...

WTI Oil holds steady as US troop buildup, Iran talks ke...

West Texas Intermediate (WTI) US Oil trades around $89.10 on Wednesday at the time of writing, remaining broadly stable on the day...

AUD/USD surges ahead of Australian jobs data as US Doll...

The AUD/USD surged near the 0.7160 price region on Wednesday, as investors positioned ahead of key Australian labor market data an...

USD/TRY: Stable path with renewed carry interest – ING

ING analysts Muhammet Mercan, Frantisek Taborsky and James Wilson note that the Turkish Lira (TRY) has stabilised after US-Iran te...

Pound Sterling Price News and Forecast: GBP/USD holds n...

The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks h...

China: Import strength offsets export cooling – UOB

UOB’s Ho Woei Chen highlights that China’s March data showed a sharp divergence between exports and imports, narrowing the trade s...

KRW: Tech cycle and NPS hedging shift back bullish case...

MUFG’s Senior Currency Analyst Michael Wan argues that KRW could outperform in a de-escalation scenario despite vulnerability to p...

Forex Today: US Dollar stalls as Middle East tensions l...

The US Dollar Index (DXY) struggled to build on recent gains, trading near 98.10 on Tuesday in a tight range as mixed US data and ...

USD/JPY steady below 160.00 amid Japan intervention ris...

USD/JPY holds firm on Wednesday despite a broadly weaker US Dollar (USD). The pair remains confined within a one-month trading ran...

SGD: Policy-induced appreciation to counter inflation –...

DBS Group Research economists Taimur Baig and Chua Han Teng argue that recent commodity price shocks will inevitably lift inflatio...

Fed’s Musalem: Easing tariff impact will help lower inf...

Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, said in an interview with Reuters on Wednesday that the...