Please fill out the form below and we will get back to you as soon as possible.
The offshore yuan steadied around 6.72 per dollar on Thursday after retreating in the previous session, as fresh industrial profit data strengthened expectations that Beijing could unveil additional policy support to bolster growth. China’s industrial profits rose 17.6% year-on-year to CNY 4.58 trillion in the first seven months of 2026, easing from an 18.7% increase […]
Gold (XAU/USD) sticks to modest losses below $4,650 heading into the European session on Wednesday, though it lacks bearish conviction and remains confined within the previous day’s broader range. The US Dollar (USD) regains positive traction amid some repositioning ahead of the US Personal Consumption Expenditures (PCE) Price Index and is seen as weighing on […]
Volkmar Baur at Commerzbank notes that the Reserve Bank of Australia (RBA) is in wait-and-see mode after three rate hikes, assessing how inflation and the labor market evolve. July Consumer Price Index (CPI) eased to 3.5% but missed expectations, with trimmed-mean inflation stuck at 3.6%. He expects a hawkish tone at the September meeting but […]
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that lower energy prices have helped pull US and European yields down, supporting a more benign macro backdrop without stoking USD debasement fears. Markets are watching US core Personal Consumption Expenditures (PCE) Price Index and Chair Warshโs Jackson Hole remarks, as the Federal Reserveโs (Fed) […]
Deutsche Bank notes that Nvidiaโs earnings have become a major macro catalyst, although the impact of positive surprises has faded in recent quarters. Ahead of the latest results, a rebound in Nvidia and semiconductor stocks helped lift the S&P 500 and Nasdaq, while European equities were also mostly firmer. Asian markets are broadly higher as […]
The Japanese Yen (JPY) trades higher against the US Dollar (USD) on Wednesday, with USD/JPY dropping 0.1% to near 159.00. The Asia-Pacific currency gains amid firm expectations that the Bank of Japan (BoJ) will hike policy rates by 25 basis points (bps) to 1.25% in the September meeting. Strategists at Scotiabank note that domestic data […]
United Overseas Bankโs (UOB) Quek Ser Leang and Lee Sue Ann maintain a positive 1โ3 weekย outlookย forย GBP/USD, with 1.3700 still in sight as long as the pair holds above 1.3605. While the near-term tone has softened and spot has slipped below the bankโs expected 1.3630โ1.3665 intraday range, the broader upside scenario remains valid unless strong support […]
The GBP/USD pair declines to near 1.3625 during the early European trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) as markets turn cautious ahead of the US July Personal Consumption Expenditures (PCE) Price Index data, which is due later on Wednesday. US Treasury Secretary Scott Bessent said last week that […]
Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from overnight highs before a partial recovery. Lower US yields and softer oil prices weighed on the Dollar, but declining European rates limited the Euroโs upside, leaving the pair without a clear directional signal. EUR/USD stays broadly stable […]
The NZD/USD pair comes under some renewed selling pressure on Wednesday and drops to a fresh weekly low, around the 0.5945 region during the early European session. The US Dollar (USD) regains positive traction ahead of the release of the US Personal Consumption Expenditures (PCE) Price Index later today and Federal Reserve Chair Kevin Warshโs speech at […]
