EUR/USD Near Six-Week Low as Market Tensions Rise
EUR/USD slipped to 1.1598 on Wednesday, keeping the pair at its lowest level in six weeks. The US dollar is supported by the escalating conflict between the US and Iran,…
China’s Xi, Russia’s Putin praise ties but see no energy headway at Beijing talks
China’s Xi, Russia’s Putin praise ties but see no energy headway at Beijing talks Source link
Canadian Dollar: Softer CPI trims BoC hike odds – Deutsche Bank
Deutsche Bank highlights that weaker‑than‑expected Canadian CPI reduced the perceived need for near‑term Bank of Canada tightening. Headline inflation undershot consensus and both key core measures fell, pushing the implied…
Japanese Yen: Dollar strength dominates as US yields rise – MUFG
MUFG’s Derek Halpenny highlights growing downside risks for the Japanese Yen as rising US yields and higher Fed hike probabilities support the Dollar. He notes that past Japanese intervention relied…
Indian Rupee holds onto historic lows amid higher yields, energy price shock
The Indian Rupee (INR) continues to underperform against the US Dollar (USD) on Wednesday, trading close to its fresh all-time lows.The USD/INR pair holds onto gains near 97.00 as elevated…
USD/CAD Forecast: Bulls eye 200-EMA breakout near 1.3770 ahead FOMC
The USD/CAD pair attracts some dip-buyers on Wednesday and climbs to the 1.3765-1.3770 region during the first half of the European session, back closer to its highest level since April…
Sunrise Market Commentary – ActionForex
Markets The ‘highest since narrative’ that recently haunted the long end of bond curves in multiple countries yesterday culminated in the US 30-y yield breaking beyond the 5.15%/5.17% 2025/2023 peak…
Dollar Index Probes Again Through Key Barriers after Consolidation
The dollar regained traction on Tuesday, after significant drop previous day and attacks again key barriers at $99.20/30 (Fibo 61.8% of 100.48/$97.40 descend / daily Ichimoku cloud top) where the…
Asian stock markets tumble amid surging US bond yields, US-Iran renewed uncertainty
Stock markets in the Asian region extend their underperformance on Wednesday, facing intense pressure due to surging United States (US) Treasury Yields amid growing expectations that the Federal Reserve (Fed)…
Is the Stock Market Rally Over? Dow Jones, Nasdaq and S&P 500 Intraday Levels
After their ceaseless rally, semiconductors and Mag 7s are pulling back, imposing a stop in stock market euphoria. Feeling the pressure of the spike in yields, the Warsh trade could…
