Euro rallies amid higher risk appetite and hot Eurozone inflation data The Euro (EUR) rallies more than 0.5% against the US Dollar (USD) on Wednesday, trading at 1.1760 at the time of writing, after hitting session highs at...
USD/JPY: Intervention risk and peace headlines steer pair – MUFG MUFG’s Derek Halpenny argues that recent USD/JPY moves likely reflect renewed Japanese Ministry of Finance intervention, with the pair dropping nearly three big figures after testing the 158.00...
FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board again today following several positive news on the US-Iran front. Late yesterday, the US Secretary of State Marco Rubio declared Operation Epic Fury concluded and its objectives achieved That was foll
OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Reserve Bank of Australia’s latest 25 bps hike to 4.35% and a more balanced guidance underpin a constructive Australian Dollar outlook.
The yen has reached a 10-week high, sparking speculation of central bank intervention to stabilize the currency. The yen has surged to a 10-week high, fueling speculation that central banks may intervene to stabilize the currency. This move comes as investors seek safe-hav
Rabobank’s FX Strategy team argues that current market pricing for up to three Bank of England hikes over the next year is excessive given a loosening UK labour market and lacklustre growth.
USD/INR: Underperformance risk and capital outflows – MUFG Michael Wan at MUFG highlights that the Indian Rupee entered the Iran conflict period already facing strong capital outflows, shaping its vulnerability. USD/INR: Underperformance risk and capital outflows – MUFG Mi
Euro depreciates further as the US–Iran ceasefire teeters The Euro (EUR) extends losses against the US Dollar (USD) for the third consecutive day, as investors' concerns about the resumption of hostilities between the US and Iran have crushed risk... Euro depreciates furth
AUD/USD Price Forecast: Softens below 0.7150 after RBA rate hike, but maintains bullish bias The AUD/USD pair declines to near 0.7145 during the early European trading hours on Tuesday. AUD/USD Price Forecast: Softens below 0.7150 after RBA rate hike, but maintains bullish
EUR/JPY holds below 184.00 as Japanese Yen steadies on suspected Japanese intervention EUR/JPY extends its losses for the second consecutive day, trading around 183.80 during the Asian hours on Tuesday. EUR/JPY holds below 184.00 as Japanese Yen steadies on suspected Japan