United Overseas Bank (UOB) Strategists Quek Ser Leang and Lee Sue Ann expect AUD/USD to stay confined intraday between 0.7130 and 0.7180 after a quieter-than-expected session. United Overseas Bank (UOB) Strategists Quek Ser Leang and Lee Sue Ann expect AUD/USD to stay conf
US Dollar Index Price Forecast: Remains above 98.50 due to possible bullish reversal The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining firm after two days of gains and trading around 98.60 during the early...
Japanese Yen remains depressed amid Hormuz standoff; USD/JPY eyes 160.00 on firmer USD The USD/JPY pair attracts some buyers for the fourth consecutive day and trades around the 159.65-159.70 area, or a one-and-a-half-week top during the early European session on... Japane
AUD/USD pauses in multi‑year high territory AUD/USD is giving up weekly gains, trading range‑bound near 0.7150 as market sentiment turns more risk‑averse following fresh attacks in the Strait of Hormuz. AUD/USD pauses in multi‑year high territory AUD/USD is giving up weekl
JPY: Energy shock weighs on outlook – MUFG MUFG’s Senior Currency Analyst Lloyd Chan highlights that the Japanese Yen (JPY) may weaken further as the energy shock from Middle East tensions persists and markets delay expectations for a Bank of Japan (BoJ) rate hike to... JP
MUFG’s Senior Currency Analyst Lloyd Chan highlights that the Japanese Yen (JPY) may weaken further as the energy shock from Middle East tensions persists and markets delay expectations for a Bank of Japan (BoJ) rate hike to June. MUFG’s Senior Currency Analyst Lloyd Chan
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Antje Praefcke at Commerzbank warns that Eurozone PMIs (Purchasing Managers' Index) may slip to or below 50 in April as the Middle East war weighs on orders and production. Antje Praefcke at Commerzbank warns that Eurozone PMIs (Purchasing Managers' Index) may slip to or b
When is the UK Services PMI and how could it affect GBP/USD? When is the UK Services PMI and how could it affect GBP/USD? The United Kingdom (UK) docket has the preliminary Purchasing Managers’ Index (PMI) data for April to be released by the S&P Global on Thursday, later
The United Kingdom (UK) docket has the preliminary Purchasing Managers’ Index (PMI) data for April to be released by the S&P Global on Thursday, later in the day at 08:30 GMT. The United Kingdom (UK) docket has the preliminary Purchasing Managers’ Index (PMI) data for Apri