Silver Under Severe Pressure as Elevated US Treasury Yields and Hawkish Fed Expectations Drive Prices to Two-Month Lows

Silver (XAG/USD) is experiencing significant downward pressure on Thursday, trading near two-month lows, despite a slight easing in the US Dollar (USD) and US Treasury yields. The precious metal’s decline…

Europe: Sovereign stress and China trade tensions – Rabobank | FXStreet

Recent movements in European sovereign bond markets, particularly notable in French, Italian, and Greek debt, signify a period of renewed economic and political uncertainty across the continent, according to a…

UOB Strategists Project Continued Euro Vulnerability Against US Dollar Amidst Cooling Downside Momentum

Leading strategists at UOB, Quek Ser Leang and Lee Sue Ann, have highlighted a renewed wave of selling pressure on the EUR/USD currency pair, which recently saw a dip to…

Pentagon Directs CENTCOM to Prepare for Major Combat Operations in Iran Amidst Escalating Regional Tensions and Diplomatic Overtures

The Pentagon has instructed US Central Command (CENTCOM) to finalize preparations for potentially resuming major combat operations in Iran, a significant development reported by Axios on Wednesday that underscores a…

Standard Chartered Economist Foresees Bank of Thailand Maintaining Policy Rate at 1.0% Through 2027 Amidst Growth Prioritization

Standard Chartered economist Tim Leelahaphan has articulated a long-term projection for the Bank of Thailand’s (BoT) monetary policy, forecasting that the central bank will anchor its policy rate at 1.0%…

Reserve Bank of India Signals Calibrated Tightening with First Rate Hike in Four Years Amidst Evolving Global and Domestic Economic Headwinds

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) recently delivered a significant policy shift, enacting its first rate hike in four years by raising the benchmark policy Repo…

Forex Today: US Dollar stabilizes as bond yields recover ahead of FOMC Minutes | FXStreet

Financial markets on Wednesday, October 7, are navigating a complex landscape defined by a strengthening US Dollar, anticipation of crucial Federal Reserve policy insights, and mounting concerns over the trajectory…

Euro Weakens Amid French Debt Crisis Fears, While Traders Await Crucial FOMC Minutes

The EUR/USD pair found itself on the defensive, trading near the 1.1250 mark during the early Asian hours on Wednesday, as the Euro (EUR) softened significantly against the US Dollar…

Standard Chartered Revises BSP Rate Hike Forecast to 5.25% Amid Rising Inflation, Oil Prices, and Peso Depreciation

Economists Jonathan Koh and Edward Lee from Standard Chartered Bank have significantly revised their outlook for the Bangko Sentral ng Pilipinas (BSP), now anticipating a 25 basis points (bps) increase…

USD/JPY Lacks Short-Term Directional Cues Amid Broader Downside Risks, UOB Strategists Advise Caution

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann have issued a comprehensive analysis on the USD/JPY currency pair, indicating a near-term absence of clear directional cues,…