WTI reverses lower as huge US inventory build clashes with Hormuz supply fears
West Texas Intermediate (WTI) US Oil reverses lower on Wednesday and trades around $81.60 at the time of writing, down 0.77% on the day.
FX
Australian Dollar: Upside risk intact above support against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note AUD/USD rebounded to close around 0.7062 after the RBA left its cash rate at 4.35%. Intraday, they see scope for the Australian Dollar to edge higher, though a sustained break a…
Sterling today: Pound edges higher as dollar waits on CPI verdict
The British pound edged higher against the US dollar in early trading on Monday, as currency markets braced for the latest US Consumer Price Index (CPI) report that could shape the Federal Reserve’s next policy move. As…
US Dollar: Fed pricing and CPI risks – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes markets are steady ahead of the United States (US) July Consumer Price Index (CPI) release, which is seen as pivotal for Fed funds expectations and the Dollar.
Dollar and major currencies hold tight ranges as traders await inflation verdict
EUR/USD treads water on Monday as the US Dollar (USD) steadies following its post-NFP weakness, while Oil prices rise amid uncertainty over the reopening of the Strait of Hormuz. At the time of writing, the pair trades …
US CPI data expected to cool in July as markets weigh Fed rate hike bets
The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) data on Wednesday. The report is expected to show a small decline in consumer inflation and core inflation.
Silver Price Forecast: XAG/USD rises to near $65.40 with US inflation in focus
Silver price (XAG/USD) trades 1.1% higher at around $65.40 during the Asian trading session on Wednesday. The white metal reflects strength ahead of the United States (US) Consumer Price Index (CPI) data for July, which…
New Zealand Dollar struggles as US Dollar gains on Middle East uncertainty
NZD/USD continues its losing streak for the third consecutive day, trading around 0.5870 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground on increased safe-haven demand amid …
British Pound loses as rising US Dollar, geopolitical tensions weigh on sentiment
GBP/USD inches lower after remaining flat in the previous day, trading around 1.3500 during the Asian hours on Wednesday. The currency pair continues to hold its losses as the US Dollar (USD) gains strength ahead of a c…
Australian Dollar slips as US Dollar strengthens amid uncertainty over Fed outlook
AUD/USD depreciates after registering modest gains in the previous day, trading around 0.7060 during the Asian hours on Wednesday. The currency pair loses ground as the US Dollar (USD) rises ahead of a crucial inflation…
Canadian Dollar eases from two-month high as USD preserves weekly gains ahead of US CPI
The USD/CAD pair ticks higher during the Asian session on Wednesday, snapping a three-day losing streak to the 1.3915 area or its lowest level since June 10. Spot prices, however, lack bullish conviction and trade aroun…
Japanese Yen slides to two-week low, seems vulnerable as USD stands firm ahead of US CPI
The USD/JPY pair touches a one-and-a-half-week high during the Asian session on Wednesday, with bulls now looking to build on the momentum further beyond mid-159.00s amid a supportive fundamental backdrop.
Experts split on whether next RBA move is a hike or cut amid energy risks
The Reserve Bank of Australia (RBA) unanimously held rates at 4.35% in August, but major economic forecasters offer varying takes on what comes next:
Euro stalls below 100-day SMA as investors brace for US CPI
The single currency registers minimal losses against the Greenback on Tuesday as traders and market participants prepare for the release of the US Consumer Price Index (CPI) on Wednesday, which could set the path for th…
Forex Today: US Dollar on pause ahead of US CPI
The US Dollar Index (DXY) is trading little changed in the vicinity below the 100.00 price zone ahead of the United States (US) July Consumer Price Index (CPI), which is expected on Wednesday. Investors expect the repor…
Chinese Yuan: Measured appreciation with strong RMB – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note USD/CNH slipped after weak US payrolls, with the Renminbi (RMB) near its strongest levels in over three years. They see room for further Renminbi (RMB) strength supported b…
Japan: BoJ inflation focus and rate risks – Rabobank
Rabobank's Senior FX Strategist Jane Foley examines Japanese inflation dynamics and Bank of Japan policy. The report notes elevated Oil prices and supply risks, but stresses BoJ’s focus on core inflation and wage-driven…
Australian Dollar: Policy risks balanced as inflation lingers – Standard Chartered
Standard Chartered’s Nicholas Chia reports that the Reserve Bank of Australia (RBA) kept the cash rate at 4.35% in a unanimous decision, as widely expected. Chia notes the RBA sees inflation returning to the midpoint of…
Oil: Strait of Hormuz risk premium – Commerzbank
Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz, driving Brent toward USD 90 and gas oil to nearly USD 1,350 per ton. Drone attacks on refineries in Saudi Arabia, Russ…
US ADP Employment Change 4-week average drops to 8.25K
Private-sector hiring in the US has further cooled in late July. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 8.25K jobs per week in the four week…
Japanese Yen struggles as impact of joint intervention fades
USD/JPY treads water on Tuesday as the Japanese Yen (JPY) struggles to find its footing, facing headwinds from a firmer US Dollar (USD) and elevated Oil prices. At the time of writing, the pair trades around 159.24 afte…
Australian Dollar: RBA softens hawkish stance – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Reserve Bank of Australia (RBA) delivered a less hawkish hold, keeping rates at 4.35% and judging policy “somewhat restrictive” as the labor market has eased more…
Gold pauses near two-month high as Oil swings shape Fed outlook
Gold (XAU/USD) pauses its rally on Tuesday after hitting a two-month high of $4,435 earlier in Asian trading hours. Price action remains driven by movements in Oil prices and their impact on the Federal Reserve’s (Fed) …
Singapore: Strong growth momentum defies risks – DBS
DBS Group Research economist Chua Han Teng highlights that Singapore’s economy is set to deliver above-trend growth for a third straight year in 2026, supported by manufacturing, wholesale trade and financial services. …