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Meanwhile, the euro appears unaffected by events in France, even though France has significantly larger oustanding bond levels than Greece did. This is hardly surprising, however, as we continue to see primarily dollar weakness leading to upward movements in other currencies, rather than any intrins

Oil prices came under pressure on Wednesday after Reuters reported that OPEC+ could consider a further increase in production at Sunday's virtual meeting of countries with voluntary production cuts, Commerzbank's commodity analyst Carsten Fritsch notes. OPEC+ can then be forced to cut supply again n

EUR/USD remains cheap according to our model, which places the short-term fair value around 1.190. While French geopolitical risk may keep the euro from rapidly reconnecting with stronger rate differentials, we think the impact of OAT underperformance on the euro has likely run its course, ING's FX

JPY, as one of the world’s major safe-haven currencies, constantly influences the nerves of the financial market. In recent years, due to changes in the Bank of Japan’s policies and global economic uncertainties, the JPY trend has once again become the focus of the market. This article takes you thr

USD/CHF struggles for firm-footing as the Fed is expected to cut interest rates this month.The US Dollar trades cautiously ahead of an array of US labor market-related data.This week, the Swiss Franc will be influenced by the inflation data for August. The USD/CHF pair trades with caution near 0.800

The short-term Elliott Wave outlook from the August 1, 2025 low projects an ongoing five-wave impulse structure. From that low, wave 1 peaked at 1.173, followed by a wave 2 pullback that concluded at 1.157. The internal structure of wave 2 developed as an Expanded Flat Elliott Wave pattern. After wa

EURAUD is in a nice bearish structure, continuing to push the price lower. We have been tracking this complex correction since the start of May, which has now stretched for nearly three months. But today the pair is aggressively attacking the bearish confirmation level at 1.78349. And with impulsive

The Dollar Index, Euro and the EURINR are likely to trade within the 99-97, 1.1500-1.1750 and 101.50-103.00 regions respectively. EURJPY and USDJPY can get dragged to 170-169 and 145 as well if a break below 171 and 147 happens. USDCNY can test 7.14 soon. Aussie and Pound are headed towards the resi

US Dollar (USD) fell this morning, in knee-jerk reaction to headline that Trump removed Fed Governor Lisa Cook from her position. DXY last at 98.43 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. 2-way trades likely in the interim "As a governor, her full term is supposedly 14 y

Jerome Powell delivered the goods for stock markets in his speech today, says Chris Beauchamp, Chief Market Analyst at investing and trading platform IG. Stocks rally as Powell opens door for September cut The whole week has been building up to today’s speech by Jerome Powell. For once, the Fed chai