Bridget

US Dollar (USD) is likely to trade in a range between 7.1700 and 7.1950. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. USD has likely moved back into a range trading phase 24-HOUR VIEW: "We expected USD t

USD/MXN gains traction to near 19.05 in Friday’s early European session, up 0.98% on the day.Escalating Israel-Iran tensions provide some support to the US Dollar. Rising Fed rate cut bets and higher oil prices might cap the upside for the pair. The USD/MXN pair gathers strength to around 19.05, sna

Wall Street cheered by weaker inflation “Inflation remains MIA according to today’s data, despite fears that tariff impacts would begin to show up in the figures. US stocks were higher in the wake of the news, which helped to banish the US-China talks from everyone’s minds. The talks ended today wit

Yesterday's British labour market data reinforced the concerns of those backing the United Kingdom. The unemployment rate rose as expected, wage growth slowed unexpectedly, and the number of people in employment fell by around 109,000. The latter figure attracted particular attention because it was

Citing two sources with direct knowledge of the plan, Reuters reported on Monday that the Japanese government is considering buying back some super-long bonds issued in the past at low interest rates. Additional takeaways The Ministry of Finance, which oversees the government's debt issuance plan, w

AUD/JPY prints higher highs and lows; bullish engulfing pattern supports upside continuation.Daily close above 94.00 could open path toward 95.63, 97.32, and YTD high at 99.15.Failure to hold 93.00 may trigger drop toward 92.00 and Senkou Span B support at 90.83. The AUD/JPY prolonged its gains on T

Shenzhen Index: A Barometer of China's Tech Innovation In today’s rapidly evolving Asian financial markets, having access to indicators that can predict future trends has become more crucial than ever for investors. As a key benchmark of China’s economic transformation, the Shenzhen Index not only r

On the radar Unemployment rate in Romania was at 5.4% while producer prices grew 1.8% y/y in April. 1Q25 GDP in Hungary was confirmed at 0% y/y and -0.2% q/q contraction. In Croatia, inflation rate increased to 3.5% in May. Today, at 9 AM CET, Czechia published flash inflation for May, retail sales

Partner Center This week our currency strategists focused on the RBNZ Monetary Policy Statement for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become a potential candidate

As of 2024, the average daily trading volume in the forex market has reached nearly USD 8 trillion. However, for beginners, the key question is: how can one safely enter this opportunity-filled yet risk-laden market? The answer lies in choosing a reliable forex broker. So, what exactly is a forex br

Amid rising geopolitical tensions, shifting energy policies, and ongoing economic uncertainty, silver remains a vital yet often underappreciated metal. In a recent episode of the Money Metals Podcast, host Mike Maharrey spoke with Michael DiRienzo, President and CEO of the Silver Institute, to break

The hard data from the US does not yet show any real signs of a drastic economic slowdown as a result of the new US administration's erratic trade and economic policy, although growth in the first quarter surprised on the downside with a contraction, fueling recession fears. At least the purchasing

Germany’s Manufacturing PMI edged higher to 48.8 in May vs. 48.9 anticipated.Services PMI for the German economy fell to 47.2 in May vs. 49.5 forecast.EUR/USD keeps the red near 1.1300 after mixed German PMIs. The German manufacturing sector activity picked up and the services sector deepened its co