Commerzbank Economists Predict 25bp Federal Reserve Rate Hike Amid Persistent Underlying Price Pressures Following August CPI Data

Commerzbank economists are signaling a near-certain 25 basis point (bp) increase in the Federal Funds target range by the Federal Reserve at its upcoming meeting this Wednesday, driven by August’s…

EUR/USD Under Pressure as Surging US Inflation Bolsters Fed Rate Hike Outlook, ECB Maintains Hawkish Tone Amid Persistent Price Risks

The EUR/USD pair experienced a notable decline in early Asian trading on Monday, retreating to the vicinity of 1.1585. This downward momentum in the world’s most traded currency pair is…

The US Dollar Index Navigates a Defining Week Amidst Pivotal Central Bank Decisions and Geopolitical Tensions

The US Dollar Index (DXY) concluded the trading week perched near the crucial 99.00 threshold, exhibiting minimal daily fluctuations while successfully consolidating the gains it had clawed back following a…

Silver Price Registers Gains Amid Technical Headwinds, Short-Term Outlook Remains Cautious

Silver prices experienced a modest rally, registering gains of over 1% in recent trading sessions, yet the precious metal continues to grapple with significant technical resistance, notably trading below a…

United Overseas Bank Adjusts USD/CNH Forecast Amid Fading Downward Momentum, Projecting Near-Term Rebound Within Defined Range

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann have issued a revised outlook for the USD/CNH currency pair, signaling a notable shift from their previously held…

Oil Markets Brace for Geopolitical Talks and Inflation Data as WTI Dips Below $97 Amidst Strait of Hormuz Tensions and Looming Fed Decision

West Texas Intermediate (WTI) crude oil is trading near $97.00 per barrel, reflecting a notable decline of approximately 3.4% and marking its first downward session in five. This price movement…

DBS Group Research Predicts Taiwan’s Central Bank to Hold Policy Rate in September Before December Hike Amid Persistent Inflation Vigilance

DBS Group Research anticipates that Taiwan’s central bank, the Central Bank of the Republic of China (Taiwan) (CBC), will maintain its current policy rate during its scheduled meeting on September…

USD/CHF Surges Over 0.40% as Robust US Inflation Data Bolsters Expectations for a Federal Reserve Rate Hike

The USD/CHF currency pair experienced a significant upward movement on Friday, climbing more than 0.40% as stronger-than-anticipated US consumer inflation data, following Thursday’s producer price index figures, firmly propelled investor…

United Overseas Bank Strategists Signal Emerging Upside Bias for USD/SGD Amidst Key Resistance Levels

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann have issued a revised outlook for the USD/SGD currency pair, indicating a notable shift towards an upside bias…

AUD/USD Navigates Fed Rate Hike Expectations and Domestic Crosscurrents, Ending Week Lower Despite Friday Gains.

The Australian Dollar (AUD) concluded the trading week on a subdued note against the US Dollar (USD), registering a 0.45% decline, primarily influenced by escalating market expectations of an imminent…