GBP/JPY Retreats as Strengthening Yen Prompts Intervention Speculation Amidst Shifting BoJ Stance and UK Holiday Lull

The Pound Sterling (GBP) found itself on the back foot against a strengthening Japanese Yen (JPY) on Monday, as the cross retreated from an intraday high near 216.85 to trade…

Japanese Yen: Market needs more than BoJ pricing – OCBC | FXStreet

OCBC FX Strategists Sim Moh Siong and Christopher Wong have highlighted that the Japanese Yen (JPY) has already significantly benefited from aggressive market pricing for Bank of Japan (BoJ) tightening,…

West Texas Intermediate Declines After Bullish Open Amid Escalating US-Iran Tensions in the Persian Gulf

West Texas Intermediate (WTI) crude oil experienced a notable decline after opening with a significant bullish gap, yet it managed to remain in positive territory, trading around $83.60 per barrel…

Mexican Peso Weakens as Hawkish Fed Remarks at Jackson Hole Spark Global Rate Hike Speculation, Bolstering US Dollar

The Mexican Peso (MXN) experienced a notable depreciation against the US Dollar (USD) on Friday, declining by over 0.42% as markets reacted sharply to hawkish commentary from Federal Reserve (Fed)…

Bank Negara Malaysia Poised to Hold Overnight Policy Rate at 2.75% Amid Contained Inflation and Robust Growth

As the financial world anticipates Bank Negara Malaysia’s (BNM) monetary policy decision on September 3, 2026, leading strategists from DBS Group, Taimur Baig and Nathan Chow, project a steadfast approach,…

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…