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US Dollar: Smile narrative supports gradual gains – OCBC

OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) remains supported by its yield advantage and safe-haven status, with FX moves still fitting the USD smile framework. They expec…

1 min read

Indian Rupee edges higher, elevated oil prices keep upside limited

The Indian Rupee (INR) opens marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s interventi…

4 min read

This Utility Stock Could Benefit From the AI Power Bottleneck

Vistra (NYSE: VST) is becoming part of the AI infrastructure debate as big tech races to secure reliable electricity. With nuclear assets, dispatchable power, and long-term hyperscaler agreements, Vistra could benefit i…

1 min read

Euro: Looking for direction against US Dollar – Commerzbank

Commerzbank’s Volkmar Baur notes EUR/USD is struggling for clear direction as the Iran conflict, Oil prices, and diverging inflation dynamics cloud the outlook. He highlights a strong link between Oil and ECB rate expec…

1 min read

Asian stock markets mirror US tech sell-off, Nikkei plunges over 4%

Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology stocks fell sharply on Thursday as stocks of sophistica…

4 min read

Chipotle is entering the land of the taco. Will Mexicans bite?

The search for the best fast-food tacos is not a quest to be taken lightly. When you’re craving them—like within 10 minutes or else—there are a plethora of options on hand. This is a great thing. The more tacos there ar…

11 min read

Dollar Boosted by US Economic Strength and Hawkish Fed Comments

The dollar index (DXY00) rose by +0.27% on Thursday. The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength and lifted T-note yields. Weekly jobless claims unexpectedly fel…

5 min read

Chinese Yuan loses as safe-haven demand lifts US Dollar

USD/CNH gains ground for the second successive day, trading around 6.7760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support from escalating developments surrounding conflicts…

3 min read