NEWS
Morning Market Update: U.S. Dollar Mixed Amid Economic Insights
The U.S. dollar shows mixed performance against major currencies in early trading, with notable declines against the Australian and New Zealand dollars. Treasu…
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European stocks closed higher on Tuesday, buoyed by hopes of reduced tensions in the Middle East and a significant drop in oil prices. The prospect of resumed commercial shipping through the Strait of Hormuz has improved investor sentiment, contributing to a broader risk-on environment across global markets.
Read storyThe U.S. dollar shows mixed performance against major currencies in early trading, with notable declines against the Australian and New Zealand dollars. Treasu…
The European trading session saw a shift in market sentiment following comments from US Treasury Secretary Scott Bessent regarding a potential deal with Iran t…
Former Bank of Japan official Takeuchi asserts that the recent joint intervention by the US and Japan has effectively deterred market speculation regarding a c…
Several FX option expiries are set for August 4, with notable levels for EUR/USD, USD/CAD, and AUD/USD. While these expiries may not have strong technical sign…
UBS maintains a constructive outlook for global markets, citing strong earnings growth and cooling inflation as key factors that could support equities. The ba…
The EURUSD currency pair has fallen to a new session low, testing critical support around the 1.1500 level. After an early rally that peaked at 1.15581, moment…
The AUD/USD currency pair encountered selling pressure during the Asia-Pacific session, peaking at 0.7046, just below the 100-day moving average. This resistan…
European equities posted gains across five of six major indices, led by Italy and Germany, as investors shifted focus to risk appetite. The UK’s FTSE 100 lagge…
The USD/CHF has shown upward momentum, bouncing off the 38.2% retracement level at 0.8049. The pair reached an intraday high of 0.8113, testing a significant r…
The USDJPY continues to decline following a coordinated currency intervention by Japan and the U.S. The EURUSD remains stable, while GBPUSD sees a slight decre…
In the Australian and UK retail forex markets, brokers have reached a saturation point in spread pricing, leading to a shift in competitive strategies. With sp…
The Euro area manufacturing sector recorded a final PMI of 51.9 in July, slightly below preliminary estimates, yet marking a three-month high. Despite this upt…
The final manufacturing PMI for July in the Euro area registered at 51.9, slightly below the preliminary estimate of 52.0 but up from 51.4 in June. While manuf…
The upcoming week features significant economic data releases, including manufacturing PMIs, U.S. job openings, and labor market reports from both the U.S. and…
Today's economic agenda features final manufacturing PMIs for major Eurozone economies and the UK, alongside Switzerland's CPI report. Market reactions are exp…
A Reuters poll indicates that 68 out of 72 economists expect the Reserve Bank of India to keep interest rates unchanged this week, as inflation remains within…
JP Morgan's analysis indicates that the US Treasury has limited resources to support coordinated yen intervention with Japan. While unconventional measures cou…
The S&P Global Australia Manufacturing Purchasing Managers' Index (PMI) rose to 52.0 in July, indicating a return to growth in production and new orders for th…
Forex rates in major Asian markets remain stable as trading begins on Monday, with only slight changes observed since late Friday.
Broader US stock indices ended the day on a positive note, with the Dow Jones, S&P 500, and Nasdaq all closing higher. The Japanese yen strengthened amid specu…
Broader US stock indices ended the week positively, while the Japanese yen gained strength amid intervention speculation. The Federal Reserve's dissenting voic…
The GBP/USD currency pair has broken above the significant swing level of 1.34797, reaching its highest point since mid-July. Following a brief correction, the…
Following a week dominated by major tech earnings, the upcoming calendar features reports from various sectors including industrials, healthcare, and consumer…
The EUR/USD experienced significant volatility today, initially falling below a key swing area before rebounding sharply. The recovery has brought the pair bac…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
Recent central bank meetings and economic data releases have led to a slight dovish repricing in interest rate expectations globally. Key updates include uncha…
Martin Kocher of the European Central Bank underscores the necessity of a data-dependent approach to monetary policy, particularly in light of geopolitical unc…
In July, the euro area's annual inflation rate increased to 2.9%, surpassing the previous month's 2.8% estimate. Core inflation also rose to 2.5%, prompting sp…
Italy's preliminary Consumer Price Index (CPI) for July has been reported at 2.8% year-on-year, aligning with market expectations. This figure indicates a slig…
Germany's unemployment rate rose to 6.4% in July, exceeding expectations, as the number of unemployed individuals increased by 6,000, indicating ongoing softne…
Preliminary data for July shows France's consumer price index (CPI) rising by 2.1% year-on-year, surpassing expectations of 1.8%. The harmonized index of consu…
