Category: Trading

USD/JPY: Election risks keep Yen pressured – MUFG

MUFG Bank analysts Lin Li, Michael Wan, and Lloyd Chan note that Japan’s 8 February election is reinforcing weakness in the Japane...

Silver rebounds sharply on safe-haven demand, rate cut ...

Silver (XAG/USD) trades firmly higher on Friday and hovers around $76.20 at the time of writing, posting gains of 3.50% on the day...

INR: RBI signals steady rates – BBH

Brown Brothers Harriman (BBH) analysts note the Reserve Bank of India kept its policy rate at 5.25% after earlier cuts and signale...

Fed’s Jefferson: Expects economy to grow

Federal Reserve (Fed) Board of Governors Phillip Jefferson said that future Fed moves will be driven by data and views on the econ...

Fed’s Daly: Fed must watch both sides of mandate

Federal Reserve (Fed) Bank of San Francisco President Mary Daly said on a LinkedIn post on Friday that a low-hiring, low-firing en...

United States Baker Hughes US Oil Rig Count climbed fro...

United States Baker Hughes US Oil Rig Count climbed from previous 411 to 412

Dow Jones Industrial Average surges 1,050 points as sto...

The Dow Jones Industrial Average surged 1,050 points, or 2.15%, to close at 49,958.72, a fresh record high on Friday as stocks reb...

Thailand: BOT’s pivot to broader measures – UOB

UOB's report by Enrico Tanuwidjaja and Sathit Talaengsatya discusses the Bank of Thailand's (BOT) shift from solely using interest...

Gold surges over 3% as dip buyers pounce on weaker USD

Gold price (XAU/USD) rallies more than 3% on Friday, poised for a decent weekly gain as dip buyers emerged, following a session th...

Argentina Industrial Output n.s.a (YoY) increased to -3...

Argentina Industrial Output n.s.a (YoY) increased to -3.9% in December from previous -8.7%

Indonesia: Moody’s cuts outlook, affirms rating – DBS

DBS Group Research report, authored by Radhika Rao, reports that Moody’s has changed Indonesia’s rating outlook to ‘negative’ from...

Canadian Dollar gains ground as jobs data lifts Loonie

The Canadian Dollar (CAD) climbed sharply on Friday, adding half a percent against the US Dollar (USD) after January labor market ...