Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Gold declines as government funding deal boosts USD and prompts profit-taking
Gold (XAU/USD) is witnessing heavy liquidation for the second straight day on Friday, following the parabolic rise of more than 25% since the beginning of this month and a series of record highs set over the past two weeks or so. The US Dollar (USD) … [Continue reading]
Australia Private Sector Credit (MoM) came in at 0.8%, above forecasts (0.6%) in December
Bitcoin (BTC) broke below $85,000 in the North American session on Thursday, dropping nearly 3% in the one-hour timeframe. The move has seen the largest crypto by market cap erase over 5% of its value within the past 24 hours, briefly reaching … [Continue reading]
SGD: MAS positioned for inflation risks – Commerzbank
Commerzbank's FX Research report by Charlie Lay and Moses Lim highlights that the Monetary Authority of Singapore (MAS) has maintained its current policy stance, leaving the SGD NEER unchanged. MAS has revised its inflation forecast for 2026 to 1-2% … [Continue reading]
United States EIA Natural Gas Storage Change came in at -242B, below expectations (-232B) in January 23
Gold pushed to fresh record highs around the $5,600 mark per troy ounce on Thursday. The yellow metal’s relentless run has been fuelled by strong safe-haven demand, underpinned by ongoing geopolitical tensions, economic uncertainty and a softer US … [Continue reading]
EUR/USD retreats within range after upbeat Eurozone sentiment figures
The EUR/USD pair is trading higher on Thursday, with price action back at 1.1970 at the time of writing, after bouncing from lows right below 1.1900 the previous day. The Federal Reserve's (Fed) hawkish stance at Wednesday's meeting and comments by … [Continue reading]
AUD/JPY Price Forecast: Keeps bullish vibe near 108.50 amid Japan’s fiscal and political challenges
The AUD/JPY cross extends the rally to near 108.50 during the early European session on Thursday. Concerns over fiscal health and political uncertainty in Japan weigh on the Japanese Yen (JPY) against the Australian Dollar (AUD). Japan's Prime … [Continue reading]
AUD/USD rises to near 0.7050 as RBA rate hike bets increase
AUD/USD extends its gains for the third successive session, trading around 0.7040 during the Asian hours on Thursday. The pair appreciated after hotter-than-expected Australian inflation data, released on Wednesday, lifted the odds of a Reserve Bank … [Continue reading]
Federal Reserve pauses, sees economy on firm footing
At its January meeting, the Federal Reserve kept the Fed Funds Target Range (FFTR) unchanged at 3.50%–3.75%, a decision that was fully in line with market expectations.FOMC statement highlightsThe Committee acknowledged that inflation remains … [Continue reading]
US Treasury Bessent: Rates up to the Fed, Chair race still wide open
US Treasury Secretary Scott Bessent said rate decisions remain firmly in the Fed’s domain and expressed hope that policymakers would keep an open mind.Key QuotesMiran’s term could continue.It is up to the Fed on rates.I hope they will have an open … [Continue reading]