EUR/USD retreats from intraday highs as Oil prices rebound on Hormuz tensions EUR/USD eases from intraday highs on Thursday as evolving geopolitical developments surrounding tensions in the Middle East help the US Dollar (USD) and Oil prices recover some losses after recent...</p
EUR/USD eases from intraday highs on Thursday as evolving geopolitical developments surrounding tensions in the Middle East help the US Dollar (USD) and Oil prices recover some of their recent losses.
IDR: FX curbs and bond support to steady currency – DBS DBS Group Research’s Radhika Rao highlights Bank Indonesia’s latest steps to manage FX volatility and support the Indonesian Rupiah. The central bank has tightened documentation thresholds for Dollar purchases, contin
DBS Group Research’s Radhika Rao highlights Bank Indonesia’s latest steps to manage FX volatility and support the Indonesian Rupiah. The central bank has tightened documentation thresholds for Dollar purchases, continued bond buying and enabled selected dealers to access o
The Wall Street Journal is reporting Saudi Arabia and Kuwait lifted restrictions on U.S. military use of bases and airspace tied to operations around the Strait of Hormuz. The move clears a key obstacle for the U.S. effort to restart escorted commercial shipping operations
Traders await Canada’s employment data for July, which may influence Bank of Canada rate cut expectations and currency moves. The Canadian dollar traded near a one-week low against the U.S. dollar as investors awaited July employment data due later today. The report could
USD/SGD: Range trading with downside bias – OCBC OCBC strategists Sim Moh Siong and Christopher Wong see USD/SGD consolidating as markets await clarity on a potential US–Iran deal. The pair has slipped slightly on tentative optimism, but Iran has yet to respond and a 48‑ho
OCBC strategists Sim Moh Siong and Christopher Wong see USD/SGD consolidating as markets await clarity on a potential US–Iran deal. The pair has slipped slightly on tentative optimism, but Iran has yet to respond and a 48‑hour deadline looms, keeping some caution in place<
Silver price surges 4.19% to $80.60 Silver is trading around $80.60, up 4.19% on the day, driven by a decline in Oil prices and a softer US Dollar. The white metal's strong rally is also supported by declining US Treasury yields. The XAG/USD is reaching fresh mul
Silver (XAG/USD) extends its strong rally on Thursday, with the white metal trading around $80.60 at the time of writing, up 4.19% on the day. XAG/USD is reaching fresh multi-week highs, supported by lower Oil prices, declining US Treasury yields and broad weakness in the