Japanese Yen slides further; USD/JPY taps 148.00 amid modest USD recovery
The Japanese Yen drifts lower for the third straight day amid the BoJ rate hike uncertainty. A modest…
Read MorePound Sterling weakens against US Dollar ahead of US Manufacturing PMI data
The Pound Sterling slides to near 1.3480 against the US Dollar as the Greenback gains ahead of the…
Read MoreEUR/USD: Political risk premium misplaced – OCBC
Euro (EUR) slipped modestly but still traded near recent highs of 1.17 levels. Pair was last at 1.1650,…
Read MoreBowman hints at three cuts this year, with US CPI due tomorrow
Trump-Putin meeting lifts hopes of a breakthrough. Nvidia/Arm deal sees Trump taxing US exporters. Bowman hints at 3…
Read MoreTreading water ahead of US CPI on Tues
EU mid-market update: Treading water ahead of US CPI on Tues. Historic Putin/Trump meeting confirmed for Friday, Aug 15th…
Read MoreMomentum meets complacency
S&P 500 couldn‘t really retest 6,360s Friday, it just rose with two intraday exceptions in a straight line.…
Read MoreRBA poised to lower rates, Australian Dollar in holding pattern
The Australian dollar is coming off a strong week, gaining almost 1% against the US dollar. In Monday's…
Read MoreChina is still exporting deflation
China remains a net exporter of deflation, with producer prices falling for the last 34 consecutive months. Subdued…
Read MoreGBP: Strong data needed to endorse BoE hawks – ING
The Bank of England’s narrowly approved rate cut last week can generate some long-lasting momentum for the pound, should…
Read MoreUSD/CHF falls toward 0.8050 as traders expect multiple rate cuts by Fed
USD/CHF struggles amid weaker US economic data reinforced the multiple Fed rate cuts in 2025. Fed Governor Michelle…
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