Get Ready: This could get Ugly
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Read More »British Pound stays depressed below 213.00 vs JPY amid UK political chaos, ahead of UK CPI
The GBP/JPY cross remains depressed for the second consecutive day on Wednesday, though it lacks follow-through selling and holds above the previous day’s swing low.
Read More »China: Trade support offsets weak demand – DBS
DBS Group Research economists led by Mo Ji assess recent China data, highlighting strong external trade but subdued domestic demand across consumption, investment and credit. They note resilient exports, soft…
Read More »Official: Report that US has agreed to lift oil sanctions while talks unfold, are false:
Earlier reports suggesting the United States had agreed to lift oil sanctions while negotiations continue have now been denied by a U.S. official, helping reverse the sharp selloff seen earlier…
Read More »What are the bias, risks, and key targets for the EURUSD, USDJPY, and GBPUSD right now?
As the new trading day gets underway, markets are off to a relatively cautious and choppy start. Oil prices are modestly lower and trading near session lows after giving back…
Read More »US Dollar: Long-end selloff and Fed focus – TD Securities
TD Securities’ Global Strategy Team notes a sharp bear steepening in US yields, with 30-year rates holding above 5% for four consecutive days for the first time since 2007. Markets…
Read More »BOE policymaker Breeden says no need to rush in taking next policy step
We do not need to rush We are in a good place to be able to watch what’s happening in the economy There is time to understand the size of…
Read More »Philippines Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Philippines on Monday, according to data compiled by FXStreet.
Read More »PBOC is expected to set the USD/CNY reference rate at 6.8086 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
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