South Korean Won’s Sustained Advance Signals Robust Economic Fundamentals Amidst Hawkish Monetary Policy
The South Korean Won (KRW) is experiencing a sustained period of appreciation, underpinned by a potent combination of aggressive monetary tightening by the Bank of Korea (BoK) and a significant…
Bangko Sentral ng Pilipinas Hikes Rates to 5.0% Amidst Persistent Inflation and Peso Underperformance, DBS Forecasts Further Tightening
The Bangko Sentral ng Pilipinas (BSP) has escalated its monetary policy tightening, raising its benchmark interest rate by 25 basis points (bps) to 5.0% in a decisive move aimed at…
Bank of Korea Delivers Back-to-Back 25bp Hikes to 3.0%, Signalling One More as KRW Gains Expected to Moderate
The Bank of Korea (BoK) has aggressively moved to curb inflationary pressures, implementing consecutive 25 basis point (bp) interest rate increases that have pushed its benchmark rate to 3.0%. This…
Vietnam: Exports and consumption stay robust – DBS | FXStreet
DBS Group strategists Taimur Baig and Nathan Chow have presented a robust forecast for Vietnam’s economy, projecting a continuation of strong double-digit growth in goods exports, anticipated to reach an…
Bank of Korea Delivers Second Consecutive Rate Hike, Signals Pause Amidst Won Consolidation
The Bank of Korea (BoK) recently announced a second consecutive 25 basis point (bp) increase to its benchmark interest rate, bringing it to 3.0%, a move that firmly underscores its…
BoE’s Bailey sees muted inflation effects, ahead of BoE’s meeting | FXStreet
Jackson Hole, Wyoming – Bank of England (BoE) Governor Andrew Bailey has expressed a cautious optimism regarding the trajectory of inflation in the United Kingdom, stating that he does not…
Nomura Forecasts ECB Rate Hike to 2.50% on September 10 Amidst Soaring Inflation and Resilient Growth
Frankfurt, Germany – Global financial services firm Nomura’s Euro area team anticipates the European Central Bank (ECB) will implement a 25-basis-point (bp) increase to its main refinancing operations rate, bringing…
Geopolitical Headwinds and Shifting Alliances Propel Brent Oil Amidst Fading US-Iran Talks and Speculation Over OPEC’s Future
Brent crude oil prices have recently demonstrated a notable recovery, with ICE Brent settling up 2.1% in a recent trading session, marking the first weekly gain amidst a complex interplay…
USD/JPY Dips as Robust Tokyo CPI Fuels BoJ Rate Hike Bets; Jackson Hole Awaits Fed Chair’s Remarks
The USD/JPY currency pair experienced a notable decline to approximately 159.30 during the early Asian trading session on Friday, reflecting a strengthening of the Japanese Yen (JPY) against the US…
Chinese Yuan: Measured RMB appreciation with two-way risks – OCBC | FXStreet
Singapore-based OCBC Bank strategists Sim Moh Siong and Christopher Wong have observed that the USD/CNH currency pair has recently demonstrated an upward trend, a movement attributed to a broader resurgence…
















