US, European, Asia equites all lower as fight escalation continues in Middle East !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
NZD/USD depreciates after three days of losses, trading around 0.5750 during the Asian hours on Monday. The currency pair holds onto its losses as the New Zealand Dollar (NZD) remains subdued, failing to find immediate support despite a positive turnaround in local economic data. New Zealand’s BusinessNZ Performance of Services Index climbed to 50.6 in June, up from an…
PBOC is expected to set the USD/CNY reference rate at 6.7850 – Reuters estimate !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Traders brace for the release of the US Consumer Price Index (CPI) inflation data, which is due later on Tuesday. Bloomberg reported…
Oil prices jump more than 3% as US futures trade, Globex, opens for the new week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The US Dollar Index (DXY) trades within a volatile range on Friday as a sparse US economic calendar leaves traders watching developments in the Middle East after renewed hostilities between the United States (US) and Iran this week. Even so, the latest flare-up has provided only limited support, with the DXY set to finish the week virtually unchanged. At…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the FX week. In main Asian centre markets its just after 5am in Tokyo just after 4am in Singapore and Hong Kong Its just after 6am in Australia and 8am in New Zealand, Early indications after another nervous weekend in the Middle East, I’ll…
Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC acknowledged “structural divergence” between high-tech strength and weak consumption. Despite this backdrop, USD/CNY and USD/CNH both fell, reflecting some currency strength even as domestic demand remains subdued. China…
According to statements released by his office, Senator Graham died on July 11, 2026, at age 71, following what was described as a “brief and sudden illness.” There are reports he died of a sudden heart attack. Graham built a reputation as one of the Senate’s leading voices on national security, foreign policy, and judicial appointments. Throughout his career,…
MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian Ringgit (MYR) weakness has stayed below 4.15 against the US Dollar (USD), and Chan expects USD/MYR to trade broadly within a 4.00–4.20 range near term,…
