Gold remains vulnerable as markets dial back Fed rate cut bets on Oil surge
Gold (XAU/USD) trims some intraday losses on Monday after coming under heavy selling pressure at the start of the week. The mild recovery comes as the US Dollar (USD) and Treasury yields ease somewhat from recent highs as markets digest shifting macro and geopolitical drivers. At the time of writing, XAU/USD is trading around $5,100, […]
Indian Rupee sinks to all-time low against US Dollar as oil spikes above $100
The Indian Rupee (INR) sinks to a fresh all-time low against the US Dollar (USD) on Monday, with the USD/INR pair surging to near 92.80. The pair rallies as the Indian Rupee faces the heat of the boiling oil prices, and the US Dollar strengthens due to risk-off market sentiment and higher oil prices. On […]
Multi-year high above $126 looks possible
West Texas Intermediate (WTI), futures on NYMEX, give back some of its early gains after surging almost 28% to a fresh three-and-a-half-year high at around $113.00 during the early European trading session on Monday. The oil price corrects from its intraday high after reports that G7 members and the International Energy Agency (IEA) will discuss the […]
USD/CHF rises above 0.7800 on safe-haven demand, rising energy prices
USD/CHF has recovered its recent losses from the previous session, trading around 0.7820 during the Asian hours on Monday. The pair appreciates as the Greenback benefits from its “twin status as a safe-haven and energy exporter. CBA economists said in a report, “Iran is incentivized to strike back to gain leverage in future negotiations to […]
Israel warns Lebanon of ‘heavy price’ as bombs hit Beirut
Israel’s Defense Minister Israel Katz on Saturday warned the Lebanese government to disarm Hezbollah or “pay a very heavy price.” “We (ISRAEL) have no territorial claims against Lebanon, but we will not accept a situation where what existed for many years — firing from Lebanese territory toward the State of Israel — is renewed,” Katz […]
GDP revision seen on stronger wages – ING
ING economists Lynn Song and Min Joo Kang anticipate an upward revision to Japan’s 2025 Q4 GDP, supported by stronger winter bonuses and improving real cash earnings as inflation cools. They expect growth to be revised from 0.1% to 0.3% quarter-on-quarter, while producer price inflation is projected to remain stable at 2.2%. Wage gains to […]
Crude Oil explodes higher as Strait of Hormuz crisis deepens
WTI crude oil surged about 11% on Friday, breaching above $87.00, its highest level since October 2023, in a session dominated by a single massive bullish candle that dwarfed every session of the past three months. This marks the fourth straight day of accelerating risk-premium gains, following Thursday’s 5% climb. Price has now rallied more […]
Fed policy is well positioned
Susan Collins, President of the Federal Reserve (Fed) Bank of Boston, said that to cut interest rates again, the Fed needs to see clear evidence of inflation ebbing, adding that she sees no need to change the monetary policy stance urgently at a gathering in Springfield, Massachusetts on Friday. Key quotes: Expects Fed rate target […]
XAG/USD range-bound as RSI holds near 50 and MACD flattens
Silver (XAG/USD) trades modestly higher on Friday as the US Dollar (USD) and Treasury yields ease following softer-than-expected US Nonfarm Payrolls (NFP) data. Despite the intraday bounce, the white metal remains on track for its first weekly decline in three weeks. At the time of writing, XAG/USD is trading around $84.27, up nearly 2.73% on […]
Consolidation near highs with upside risks – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/MYR is consolidating near recent highs after an early-week run-up, supported by broader USD strength and soggy risk sentiment. Geopolitical headlines around Iran and energy markets are seen as key drivers. They warn that further escalation could trigger risk-off flows, weakening high-beta Asian FX including […]
