DBS Group Research economist Samuel Tse analyses recent steepening in Chinese Yuan (CNY) rates, linking it to a ceasefire between the United States (US) and Iran and stronger-than-expected Q1 growth in China. He highlights resilient Purchasing … [Continue reading]
USD/CHF Price Forecast: Rejected at 100-day SMA, eyes on 0.7800
USD/CHF dropped on Friday but finished the week with gains of over 0.35%, trading at 0.7841 as market participants grew confident that US-Iran talks could resume over the weekend to resolve the conflict.USD/CHF Price Forecast: Technical OutlookFrom a … [Continue reading]
USD/IDR: Upside risks widen on fiscal concerns – MUFG
Lloyd Chan at MUFG highlights that USD/IDR has broken to fresh highs, overshooting earlier expectations for near-term stabilization. The move is attributed more to domestic confidence and fiscal uncertainty than broad US Dollar (USD) strength. While … [Continue reading]
Silver Price Analysis: XAG advances but stalls at technical confluence near $75
Silver (XAG/USD) price edges up over 0.50% during Friday’s session, after bouncing off a daily low of $73.95. Speculation about a resumption of negotiations between Washington and Tehran is cheered by investors, which pushed US equities higher in … [Continue reading]
PHP: BSP tightening supports Peso but risks linger – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note the central bank of Philippines Bangko Sentral ng Pilipinas' (BSP) 25bp hike to 4.5% and guidance that further increases are possible as inflation forecasts are revised higher and second-round … [Continue reading]
Ethereum Weekly Price Forecast: EF offloads 10K ETH to BitMine as ETFs break inflow streak
Ethereum price today: $2,320The Ethereum Foundation sold 10,000 ETH to BitMine via an OTC transaction.Ethereum ETFs ended their 10-day inflow streak after recording $75.9 million in net outflows.ETH is retesting a key trendline support, reinforced by … [Continue reading]
BoC: Cautious hold and two‑sided risks – TD Securities
TD Securities strategists, including Andrew Kelvin and colleagues, expect the Bank of Canada to keep the Overnight Rate at 2.25% through the April meeting and likely for the rest of 2026. They see the Bank striking a more balanced but still cautious … [Continue reading]
Iran’s Araghchi tours three capitals with 450kg of leverage; is Trump boxed in?
Iran's Foreign Minister Abbas Araghchi landed in Islamabad on Friday evening to open the long-delayed second round of talks with the US, and special envoy Steve Witkoff and senior adviser Jared Kushner are due in on Saturday morning. The optics point … [Continue reading]
United States UoM 1-year Consumer Inflation Expectations came in at 4.7%, below expectations (4.8%) in April
Gold trades little-changed on the day near $4,700 after having touched a fresh 10-day low below $4,660 earlier in the day and looks to end the week in negative territory. Intensifying US-Iran tensions over the Strait of Hormuz and the lack of … [Continue reading]
Oil: Supply risks and stagflation fears – Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen notes that Oil prices have risen, with Brent futures around $106, as Middle East tensions and disruptions in the Strait of Hormuz intensify. He highlights that futures are underpricing supply risks to … [Continue reading]