United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that USD/CNH spiked to 6.7980 before reversing, leaving the pair broadly unchanged near 6.78....
A hot inflation print and a rebound in Crude Oil ought to be a recipe for a stronger commodity currency, which makes the Canadian Dollar’s slide to fresh 14-month lows all the more telling....
There is something faintly absurd about a currency pair holding this high while one half of it represents a country that has just lost its prime minister. GBP/JPY settled Monday close to 214.00, sitti...
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Leb...
Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran....
The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own....
The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delivered its first interest rate hike since 2023....
The Australian Dollar spent this week as a passenger in someone else’s trade....
Gold (XAU/USD) price edges lower by some 1.69% on Friday, poised to end with losses for the third consecutive week.At the time of writing, XAU/USD trades at $4,147, weighed by overall US Dollar streng...
The New Zealand Dollar dives for the third consecutive day, down in the week by over 1.48%, after hitting two-month lows of 0.5722 against the Greenback. The NZD/USD trades at 0.5738, down 0.25% on th...