Robust trade supports MYR – Commerzbank
Commerzbank’s Moses Lim notes Malaysia’s July exports rose 38.0% year-on-year, marking a fourth month of double‑digit growth led by electronics and machinery. The bank highlights resilient external demand, strong shipments to the US and China, and an AI‑driven electronics cycle. USD/MYR has fallen for four sessions, with the Malaysian Ringgit slightly outperforming other Asian currencies […]
CTA equity positioning back to pre-Iran levels: BofA
CTA equity positioning back to pre-Iran levels: BofA Source link
Gold (XAUUSD) Price Forecast: Gold Breakout Clears 200-Day MA as Dollar Falls – FXEmpire
Gold (XAUUSD) Price Forecast: Gold Breakout Clears 200-Day MA as Dollar Falls FXEmpire Source link
Cautious tightening path expected from BoK – DBS
DBS economists Taimur Baig and Radhika Rao expect the Bank of Korea (BoK) to raise its base rate by 25bps to 3.00% at the August meeting, alongside upgraded Gross Domestic Product (GDP) and Consumer Price Index (CPI) forecasts. They highlight stronger-than-expected first-half growth, persistent core inflation and rising housing prices, but also note a hawkish […]
BofA maintains underperform ratings on six BDC stocks
BofA maintains underperform ratings on six BDC stocks Source link
Gold (XAU/USD) Price Forecast: Breakout Opens Path Toward $4,891 – FXEmpire
Gold (XAU/USD) Price Forecast: Breakout Opens Path Toward $4,891 FXEmpire Source link
Mexican Peso reaches two-year high despite weaker Retail Sales
The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week and 0.50% for the week. USD/MXN weakens on soft US Dollar […]
Ukrainian drones hit warehouse of Russian online retailer Ozon in overnight strikes
Ukrainian drones hit warehouse of Russian online retailer Ozon in overnight strikes Source link
Gold Price Forecast: XAU/USD Extends Rally as US Debt Concerns Weigh on Dollar – CryptoRank
Gold Price Forecast: XAU/USD Extends Rally as US Debt Concerns Weigh on Dollar CryptoRank Source link
Bulls reclaim 0.8000 as recovery stalls
The USD/CHF advanced on Friday, registering a modest 0.07% gain, trading at 0.8010. During the week, the pair finished with losses of over 1.49%, triggered by a drop in US yields on Wednesday, as the US Treasury tries to cap elevated yields on the 30-year bond. USD/CHF Price Forecast: Technical Outlook USD/CHF price action shows […]
