XAG/USD consolidates above $68, risks lower
Silver (XAG/USD) struggles to gain any meaningful traction on Friday and oscillates in a narrow trading band just above the $68.00 mark during the Asian session. Meanwhile, the technical setup suggests that the path of least resistance for the white metal remains to the downside and backs the case for an extension of the recent […]
Growth risks tilt lower – UOB
UOB’s Senior Economist Alvin Liew reviews Singapore’s latest industrial production data and maintains the 2026 GDP growth forecast at 3.6%, with 2027 at 2.0%. The bank highlights broad-based weakness in February IP, despite continued AI-related support for electronics. It now judges that downside risks to Singapore’s growth outlook have increased, particularly via manufacturing and trade […]
Growth trimmed, inflation lifted – ABN AMRO
ABN AMRO’s Senior Economist Arjen van Dijkhuizen reviews China’s macro outlook after the Iran conflict, noting stronger early‑2026 data but slightly lower GDP forecasts. The bank now projects China’s 2026 growth at 4.6% and 2027 at 4.5%, while raising CPI forecasts for 2026 and 2027 as higher energy prices push inflation temporarily higher and delay […]
Bullish momentum builds as the pair challenges the 200-day SMA
USD/CHF extends gains on Thursday as broad-based US Dollar (USD) strength persists amid rising Middle East tensions, while the Swiss Franc (CHF) struggles to gain traction as traders remain cautious about potential intervention from the Swiss National Bank to curb excessive currency appreciation. At the time of writing, USD/CHF is trading around 0.7941, remaining on […]
AUD/USD under pressure as safe-haven US Dollar caps recovery
AUD/USD trades around 0.6920 on Thursday at the time of writing, down 0.35% on the day, and remains close to its monthly lows amid a bearish consolidation phase. The pair struggles to stage any meaningful rebound as the US Dollar (USD) continues to draw solid support. Market sentiment remains fragile despite conciliatory remarks from US […]
NZD/USD extends losses below 0.5800 as hopes of a US-Iran peace deal ebb
The New Zealand Dollar (NZD) heads south against the US Dollar (USD) for the third consecutive day, extending its reversal from last week’s highs, a few pips short of 0.5900, to session lows at 0.5781 on Thursday’s European trading session. The risk-sensitive Kiwi has been hit by a sour market sentiment following Iran’s rejection of […]
USD/CHF edges up to near 0.7925 as US Dollar remains firm amid Middle East uncertainty
The USD/CHF pair ticks higher to near 0.7925 during the European trading session on Thursday. The Swiss Franc pair gains as the US Dollar (USD) holds onto gains amid growing doubts over an early ceasefire between the United States (US) and Iran, following the release of Tehran’s conditions. During the press time, the US Dollar […]
Wobbles around 1.3360 amid uncertainty over US-Iran ceasefire
The GBP/USD pair trades in a tight range around 1.3360 during the early European trading session on Thursday. The Cable consolidates as investors await clarity on whether Iran intends to pursue a ceasefire, as claimed several times by United States (US) President Donald Trump. On late Wednesday, US President Trump stated in a fundraiser event […]
USD/CAD extends rally to near 1.3830 amid uncertainty over Middle East conflicts
The USD/CAD pair extends its winning streak for the fourth trading day on Thursday and jumps to near 1.3830 during the Asian trading session, the highest level seen in two months. The Loonie pair trades firmly as the US Dollar (USD) rises amid uncertainty surrounding the war in the Middle East, which involves the United […]
AUD/USD steadies near 0.6950 as geopolitics drive USD demand
The Australian Dollar begins Thursday’s session with minuscule gains of 0.04%, after posting losses of 0.68% on Wednesday, courtesy of broad US Dollar strength, despite improved risk appetite. At the time of writing, the AUD/USD trades at 0.6950. Aussie pares losses after softer Australian inflation, but broad US Dollar strength keeps upside limited Geopolitics are […]
