CTAs will sell WTI crude in any scenario for prices this week. This selling activity is likely to be less significant than that which we expect in…
The US dollar against the Japanese yen the US dollar has a rallied a bit after initially dropping against the Japanese yen on Tuesday. This…
The DXY Index is trading near 99.50, up around 0.75% on the day. President Trump’s decision to delay 50% tariffs on EU imports lifts near-term…
The Turkish Lira (TRY) against the US Dollar (USD) is currently trading at 0.0258, experiencing a sharp decline from its session opening level of 0.0371.…
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal Reserve officials highlighted a drop…
Moody’s downgrades US credit rating to ‘AA1’ from ‘AAA’ amid worsening fiscal outlook. Trump claims success in brokering ceasefire talks between Russia and Ukraine. Fed…
Following the publication of the high-impact China’s April activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday. Key…
EUR/USD trades near the 1.1100 zone with minor losses on Friday. The pair maintains a bearish outlook, supported by mixed technical signals. Key support is…
The pair trades near the 0.5900 zone after slipping 0.40%, pressured by softer New Zealand outlook and steady US Dollar. US PPI and Retail Sales…
USD/JPY continued to trade lower. Pair was last at 145.91 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Bullish momentum on daily chart…