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It was a quintuple play! 5 new closing highs!Is the S&P extended? What is the RSI saying?Tech and all of its Derivatives stole the day.Bond yields up, oil flat, and Gold continues to trade tight.Try the Vellutata. OK – so the September swoon? Well, it’s not happening yet. In fact, judging by the

We’ve seen a broad sell-off in the dollar so far this week, as investors position themselves ahead of tonight’s FOMC announcement. Markets now see a 25 basis point cut as a certainty, and there are some strategists that are pencilling in a jumbo 50bp cut. While we expect two or three of the doves to

The Dollar Index is coming off as anticipated and can test our targets of 97-96 in the near term. The Euro and EURINR need to see a break above 1.18 and 104 to bring the 1.19 and 105 levels into picture. EURJPY and USDJPY can hold the immediate ranges of 172-174 and 149-146 respectively in the near

The eurozone's trade balance edged up slightly in July, driven mainly by a drop in imports, while exports also declined modestly. Excluding the energy crisis period, this marks one of the smallest trade surpluses in the past decade. The eurozone economy experienced a stellar first quarter, driven by

Weekly Economic Calendar: Week of September 15 – 19, 2025 (GMT+8) This week’s macro calendar is packed with several high-impact events that could bring volatility to the markets. Key highlights include central bank decisions from the U.S., U.K., Canada, and Japan, as well as crucial infl

US Dollar (USD) is likely to trade in a range between 7.1080 and 7.1240. In the longer run, room for USD to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Any decline is likely to be slow 24-

There is a chance for Australian Dollar (AUD) to test 0.6645 before the risk of a pullback increases. In the longer run, AUD could continue to move higher; with conditions quickly approaching overbought, it remains to be seen if 0.6670 will come into view, UOB Group's FX analysts Quek Ser Leang and

Gold holds steady around $3,550, consolidating after touching a record high of $3,578 earlier in the week.Traders stay cautious ahead of the August US Nonfarm Payrolls report, seen as the key catalyst for the Fed's next move.Softer US Dollar and falling Treasury yields continue to cushion bullion, k

Tentatively buying the dip After an early week stumble, Equities found their rhythm overnight, carried aloft by dovish expectations that drifted across the tape after weaker labour signals. Traders seized on the drop in job openings — the lowest in ten months — as confirmation that the Fed will have

US Dollar gets bid as traders flee risk assets amid Fed pressure, soaring bond yields and tariff disputes.Trump’s firing of Fed Governor Lisa Cook fuels legal uncertainty with Court of Appeals ruling tariffs illegal.French no-confidence vote and EU inflation surprise deepen volatility, while ECB haw

Oil prices started the month with gains. Brent quickly made up for the 'losses' caused by the contract rollover and broke through the $68 per barrel mark during the course of the day. Due to Labor Day, US markets were closed on Monday, which reduces the significance of yesterday's price movements. M