Loading live prices…

Home / Market Analysis

Market Analysis

Euro: Energy risks cap upside against US Dollar – ING

Chris Turner at ING says EUR/USD rallied on softer US CPI but warns that rising Oil and European natural gas prices limit upside. He expects EUR/USD to struggle above 1.1460/70 and potentially retreat toward 1.1360/80 i…

2 min read

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …

7 min read

Canadian Dollar: Tentative flow reversal before BoC – BNY

BNY’s Geoff Yu highlights that selling of Canadian Dollar (CAD) accounts has eased ahead of the Bank of Canada (BoC) meeting, allowing light CAD purchases after prolonged pressure. He notes USD/CAD selling by CAD-based …

2 min read

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …

7 min read

Gold eases as soft US CPI fails to dent the Fed's hawkish outlook

Gold (XAU/USD) trades on the back foot on Wednesday as the US Dollar (USD) and US Treasury yields rebound after coming under pressure on Tuesday following softer-than-expected US Consumer Price Index (CPI) data.

4 min read

US Dollar: Fed expectations weigh on Dollar – Commerzbank

Commerzbank’s Volkmar Baur notes that softer US inflation has reduced expectations for Federal Reserve rate hikes and pressured the US Dollar. June headline and core inflation fell more than consensus, leading markets t…

2 min read

United States: Cool CPI provides temporary relief for rates – DBS

DBS Group Research economist Samuel Tse and Senior Rates Strategist Eugene Leow analyse USD rates after softer June CPI data. They note the US Treasuries curve bull steepened as headline and core CPI surprised to the do…

2 min read

Indian Rupee holds early support as traders trim hawkish Fed bets

The Indian Rupee (INR) gains ground against the US Dollar (USD) on Wednesday after rising significantly in the last three trading days. The USD/INR pair drops to near 96.11 as the US Dollar comes under selling pressure,…

3 min read

CEE FX: US inflation relief supports koruna and forint – ING

Frantisek Taborsky at ING says lower US inflation and reduced Fed hike expectations bring relief to CEE FX, despite higher Oil and US–Iran tensions. He maintains a bullish view on the Czech koruna and Hungarian forint, …

2 min read