Australian Dollar falls as Iran sanctions sour risk appetite | FXStreet
The Australian Dollar commenced the trading week on a subdued note, registering a 0.28% loss against its US counterpart, the Greenback. This downturn was largely attributed to a palpable shift…
Silver Prices Reverse Course After Failing to Breach Key $70 Threshold, Retreating to 100-Day SMA
Silver prices experienced a significant reversal on Monday, declining by 0.59% after buyers failed to sustain momentum past the critical psychological and technical barrier of $70.00 per ounce. This inability…
EUR/USD Navigates Stagnation Amidst Shifting Growth Forecasts and Awaited US Economic Data
Societe Generale’s Kit Juckes observes that the EUR/USD currency pair has retraced half of its significant drop from above 1.20 to a low of 1.1325 and is currently locked in…
Euro holds steady against US Dollar amid US debt strategy | FXStreet
The EUR/USD currency pair sustained its upward momentum for a fourth consecutive trading day, navigating the Asian session on Monday around the 1.1680 mark. This advance comes as the US…
Dollar Index Stagnates Amid Treasury Maneuvers and Geopolitical Tensions, Market Awaits Pivotal Central Bank Insights
The US Dollar Index (DXY) concluded the trading week largely unchanged from Thursday’s close, hovering steadfastly near the 98.80 mark. Mirroring the previous session’s pattern, the DXY initially retreated to…
Malaysia’s July Exports Soar 38% on Robust Global Demand and AI-Led Electronics Boom, Bolstering Ringgit’s Outperformance
Malaysia’s external trade sector demonstrated remarkable resilience and growth in July, with exports surging by an impressive 38.0% year-on-year. This marks the fourth consecutive month of double-digit expansion, significantly outpacing…
Bank of Korea Poised for Rate Hike Amidst Persistent Inflation and Robust Growth, Despite Financial Tightening
The Bank of Korea (BoK) is widely anticipated to increase its benchmark base rate by 25 basis points (bps) to 3.00% at its upcoming August monetary policy meeting, a move…
Mexican Peso Reaches Two-Year High Against Tumbling US Dollar Amidst Geopolitical Tensions and Carry Trade Appeal
The Mexican currency has demonstrated significant strength, appreciating to levels last observed in May 2024, as the USD/MXN pair plummeted to a two-year low. This sharp depreciation of the US…
US Treasury Yields Climb Despite Buyback Boost as Robust Services Sector Outshines Manufacturing Slowdown Amidst Geopolitical Tensions.
US Treasury yields across the curve experienced an upward trajectory, defying efforts by the US Department of the Treasury to bolster market liquidity through bond buybacks, as compelling data revealed…
USD/CHF Retreats Over 1.49% Weekly as US Yields Drop, Technicals Point to Further Bearish Pressure
The USD/CHF currency pair experienced a significant downturn over the past week, registering losses exceeding 1.49% by Friday’s close, despite a modest daily gain of 0.07% to trade at 0.8010.…
















