ING’s Frantisek Taborsky expects the Central Bank of the Republic of Türkiye (CBRT) to keep its policy rate at 37% for now, after normalising liquidity and lowering the effective funding rate. Weaker 2Q Gross Domestic P…
The Euro (EUR) trades in a tight range at around 1.1640 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair consolidates as investors await the European Central Bank’s (E…
HONG KONG: The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities pushed oil prices higher and dampened risk appetite, while the Japanese yen hovered near the key 160 level t…
The AUD/USD pair declines to near 0.7215 during the early Asian trading hours on Thursday. Markets turn cautious as traders brace for the release of the US inflation data later this week.
A Reuters poll showed the Bank of Japan (BoJ) will hike interest rates to 1.25% at its September policy meeting and then to 1.75% in the second quarter (Q2) of 2027, earlier than previously expected, amid persistent con…
The EUR/USD pair holds steady around 1.1635 during the early Asian trading hours on Thursday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) policy meeting and the release of the US Aug…
West Texas Intermediate (WTI) oil price depreciates after three days of gains, trading around $93.90 during Asian hours on Thursday. However, oil prices may soon regain ground as an intensifying conflict between the Uni…
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the central bank expected to continue raising interest rates given current accommodative financial conditions. However, the pace and timing of …
The USD/JPY pair edges higher during the Asian session on Thursday and trades just above mid-153.00s amid bears turn cautious ahead of US inflation figures. Spot prices, however, remain close to a seven-month low, touch…
GBP/USD traded 1.3557 Wednesday morning, up 0.2% on the session, after the July inflation release landed at 07:00 London time. TradingEconomics logged 1.3556, up 0.17%. The pair edged to 1.3552 immediately after the dat…
The Japanese yen held near a seven-month high against the dollar on Wednesday, as a surge in oil prices above $100 a barrel and a widening Middle East conflict put global investors on edge ahead of critical central bank…
iPhone Duo Colors Leak: Apple is now just a few hours away from launching its first-ever foldable iPhone, which is reportedly named iPhone Duo. With the Apple event starting soon, the upcoming iPhone Duo is tipped to la…
Gold (XAU/USD) rises over 1% on Wednesday, even as the US Dollar (USD) trims some of its earlier losses, after the US Treasury Department announced a bond buyback for the September 10 auction of 10- and 20-year instrume…
Societe Generale’s Dev Ashish reports that the Central Bank of Chile kept the monetary policy rate at 4.50% in September, as weak domestic growth offsets rising external inflation risks. The bank highlights disappointin…
AUD/USD stabilizes around 0.7220 at the time of writing on Wednesday, after hitting a fresh four-month high at 0.7237 earlier in the day. The Australian Dollar (AUD) loses some momentum as the US Dollar (USD) rebounds, …
The earnings miss was narrow on revenue but steep on profit. Net income fell 85% year over year to $277 million, down from $1.85 billion in the same quarter last year. Adjusted EBITDA came in at $541.5 million, below th…
ING economists Carsten Brzeski and Franziska Biehl argue that while German inflation is set to rise above 3% and stay elevated into year-end, a repeat of 2022’s double-digit surge is unlikely.
Silver (XAG/USD) price makes a U-turn on Wednesday and rises over 3.40% as the Greenback weakens, putting the confirmation of a ‘head-and-shoulders’ chart pattern on hold, which has formed since mid-August. The XAG/USD …
The US Dollar (USD) navigated a bearish range on Wednesday, gathering some pace soon after the US Treasury announced a buyback of up to $6 billion in 10- to 20-year T-bonds.
The Euro (EUR) gives back its early gains and flattens at around 1.1625 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair falls back as the US Dollar recovers its earl…
Gold (XAU/USD) trims losses on Wednesday, with price action returning to the $4,400 area during the European morning session, after bouncing from $4,345 lows on Tuesday. The precious metal is drawing support from broad-…
Societe Generale’s Kenneth Broux and colleagues expect the NBP to keep rates unchanged at 3.75%, with Governor Glapiński emphasising flexibility and data dependence. Given worsening inflation and the removal of a near‑t…
MUFG’s Lee Hardman notes that the Japanese Yen (JPY) has strengthened, driving USD/JPY back towards 153.00, as comments from US Treasury Secretary Scott Bessent reinforce expectations of policy changes in Japan. The ban…
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