Inaya

Australian Dollar (AUD) is likely to consolidate in a range of 0.6475/0.6535 against US Dollar (USD). In the longer run, downward momentum has built further, but AUD may consolidate first before attempting to break below 0.6455, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Downward mo

GBP/JPY trades with mild gains around 199.45 in Wednesday’s early European session.The constructive outlook of the cross remains intact above the key 100-day EMA, with the bullish RSI indicator. The key resistance level emerges at 200.00; the first support level to watch is 198.11. The GBP/JPY cross

Bank of England (BoE) Governor Andrew Bailey warned finance ministers of the G20 group of countries that despite overall sturdy global market conditions, downside economic and political risks have likewise hardened recently. Key highlights Since April, market conditions have improved and asset price

Dollar rebounds at a quicker pace overnight. Holy Cow! We booked a Trade Surplus! Good Day... And a Marvelous Monday to you! Well, my beloved Cardinals were able to eke out a victory yesterday, after losing 2 to the Braves... It was a real nail biter, but after 4 hours of rain delays, the game final

In today’s analysis, I’d like to focus on silver and its rally. In short, it seems that two factors are in play at this time. The first one is fundamental. Copper tariffs: the silver supply chain connection The announcement of 50% copper tariffs has created significant market volatility, but the bro

NZD/USD steadies near 0.6000 as risk sentiment sours ahead of RBNZ rate decision.US President Trump extends reciprocal tariff deadline to August 1, keeping trade tensions elevated.RBNZ is expected to hold OCR at 3.25% on Wednesday, following 225 bps of rate cuts since August 2024. The New Zealand Do

US Dollar (USD) is likely to consolidate in a range of 142.90/144.30 against Japanese Yen (JPY). In the longer run, further declines are not ruled out, but USD may consolidate for a couple of days first, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Further declines are not ruled out 2

EUR/JPY shows little reaction after the Eurozone Harmonized Index of Consumer Prices data is released.The Eurozone HICP rose by 2% YoY in June as expected, while monthly inflation increased to 0.3%.The Japanese Yen strengthened as the BoJ Tankan Survey showed improved business conditions among large

Middle East ceasefire and Fed shenanigans weigh on the Dollar. ISM PMIs and Nonfarm payrolls to impact Fed rate cut bets. Eurozone inflation and ECB forum to be closely monitored by euro traders. China PMIs, Japan’s Tankan Survey and Swiss CPI also in focus. Israel-Iran ceasefire and Fed independenc

FX option expiries for Jun 26 NY cut at 10:00 Eastern Time vi a DTCC can be found below. EUR/USD: EUR amounts 1.1410 926m1.1415 1.9b1.1500 1.2b1.1525 1.2b1.1600 6.7b1.1625 1.4b1.1650 1.3b1.1700 5.4b1.1750 1.3b GBP/USD: GBP amounts 1.3600 545m1.3670 533m1.3700 591m USD/JPY: USD amounts 143.00 1.4b147

WTI price struggled as supply concerns eased following the Israel-Iran ceasefire.President Trump said that a ceasefire came into effect and urged both countries to uphold it.Oil prices may receive support as Fed officials indicate an interest rate cut as early as July. West Texas Intermediate (WTI)

The US Dollar Index falls sharply to near 98.00 as easing geopolitical tensions have diminished its safe-haven demand.US President Trump urged Israel and Iran not to violate the ceasefire agreement.Fed’s Bowman shows openness for reducing interest rates in the July meeting. The US Dollar (USD) under