USD/CHF continues its winning streak for the sixth successive trading day, trading near its 16-month high of 0.8358 during Asian hours on Wednesday. The currency pair appreciates as the US Dollar (USD) gains ground, backed by firming market expectations for additional Federal Reserve (Fed) interest rate hikes. CME FedWatch Tool data indicates that traders are […]
The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previous day. Moreover, the fundamental backdrop seems tilted in favor of bearish traders and suggests that the path of […]
The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (USD) against the British Pound (GBP). Chicago Fed President Austan Goolsbee said on Tuesday that inflation remaining above the […]
Japan’s housing starts rose 6.1% year-on-year in August 2026, slowing from an 8.2% increase in the previous month and marking the mildest pace in the current five-month expansion streak. The latest result also fell short of market expectations for a 7.0% gain, as growth eased in rental housing (6.5% vs 10.0% in July) and built-for-sale […]
The Indonesian rupiah is trading near IDR 17,850 per U.S. dollar as Bank Indonesia reinforces its currency-stabilisation strategy while the dollar remains supported by firm US inflation expectations and a relatively hawkish Federal Reserve outlook. The rupiah is recovering in the near term, although the currency remains on course for a modest monthly decline. Bank […]
Soybean futures are finding renewed buying interest as expectations for tighter US old-crop inventories combine with lower Brazilian export estimates and weather uncertainty across the US Midwest. The market is also approaching an important US Grain Stocks report, where the expected inventory figure is below the previous year’s level. US soybean harvest is progressing at […]
Corn futures remain under pressure as advancing US harvest activity, expectations for large domestic inventories and a slower Brazilian export outlook weigh on prices. The market is entering a period when increasing physical availability could keep rallies contained, while traders assess whether current supply estimates already reflect the scale of the incoming crop. US harvest […]
Wheat futures are trading with a mixed tone as traders balance slower US winter wheat planting against expectations for relatively large domestic stocks and ample global availability. Chicago SRW is holding modest gains in nearby contracts, while Kansas City HRW is stronger and Minneapolis spring wheat remains under pressure. The latest US planting data shows […]
Business confidence in the Dutch manufacturing sector rose to 4.2 in September 2026 from 3.7 in August, marking the fourth consecutive monthly increase and remaining at its highest level since July 2022. The improvement was driven by stronger expectations for business activity, which rose to 19.4 from 17.4, while assessments of order books also improved […]
Japan’s 10-year government bond yield slipped to around 3.08% on Wednesday, retreating from 30-year highs as strong demand for government debt at this week’s auctions eased market concerns. Auctions for Japan’s 2- and 40-year government bonds saw better-than-expected demand, with elevated yields encouraging investors to buy. The latest 40-year bond sale attracted its strongest demand […]