EUR/USD gathers strength above 1.1700 as ECB keeps rates steady
The EUR/USD pair attracts some buyers to around 1.1730 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after the European Central Bank…
AUD/USD jumps near 0.7200 as Japan’s intervention sinks the USD
The Australian Dollar reclaimed the 0.7200 level on Thursday, surging more than 1% as the Greenback dropped to seven-day lows amid Japanese authorities’ intervention in the FX markets, pushing aside…
Taiwan: Growth strength and CBC stance – UOB
UOB’s Ho Woei Chen highlights Taiwan’s strong 1Q26 Gross Domestic Product (GDP) performance, driven by exports and improving domestic demand, and expects full-year 2026 growth to exceed 9%. Chen notes…
China: Manufacturing outlook bright, demand softens – UOB
UOB economist Ho Woei Chen assesses China’s latest PMIs, noting a positive outlook for manufacturing supported by strong AI-related export demand and robust industrial profits, while domestic demand and services…
Gold resilient but vulnerable as oil prices drive inflation fears
Gold resilient but vulnerable as oil prices drive inflation fears - TD’s MelekAlthough gold prices have managed to find some near-term support above $4,600 an ounce, a major Canadian bank…
EURUSD shifts the short term bias to the upside on the move above the 200 hour MA
The USDJPY moved sharply lower today, driven by renewed concerns over potential Bank of Japan intervention as the pair pushed above the 160.00 level. That warning was enough to trigger…
India: Growth resilient but risks building – Commerzbank
Commerzbank analysts describe India’s growth backdrop as solid, with GDP expected around 6.5% in fiscal 2026–2027, supported by domestic demand, GST 2.0 reforms, and investment-friendly budgets. However, they stress downside…
WTI eases near $100 after rally as Hormuz tensions persist
West Texas Intermediate (WTI) declines on Thursday, trading around $101.45 at the time of writing, down 3.70% on the day after three consecutive days of gains. Despite this technical pullback,…
The GBPUSD races higher but is stalling near a swing area ceiling. What next?
The GBPUSD moved lower in the early European session, testing a key swing area between 1.3446 and 1.3465. That move also dipped below the key 100-day moving average at 1.3465,…
USD/JPY (update): “Final Warning” Verbal Intervention Spooks the Market. What are the Next Key Supports to Watch?
Key takeaways Verbal intervention triggered a sharp reversal: USD/JPY hit 160.73 before a “final warning” from Japan’s FX official sparked a 0.9% drop, with the yen posting its strongest daily…
