Senior Economist at UOB Group Alvin Liew reviews the latest US inflation figures and the impact on the Fed’s rate path in the near term. Key Takeaways “Both key measures …
US: July inflation prompts the Fed to re-think a 75 bps rate hike – UOB Read More
Gold edges down for the third straight day amid a modest pickup in the USD demand. The risk-on impulse further exerts some downward pressure on the safe-haven metal. The uncertainty …
Gold Price Forecast: XAU/USD remains on the defensive amid modest USD strength, risk-on Read More
US dollar bulls are moving in following a significant sell-off in the greenback. US yields perked up towards the end of the week as hawkish Fed sentiment overrides softer US …
US dollar bulls are back in town Read More
AUD/USD is being pressured as the US dollar recovers in midday New York trade. The bears are moving in with US yields also rallying and as US stocks tail-off. The …
AUD/USD bears move in for the kill as US yields rally and greenback corrects higher Read More
USD/JPY turns lower for the second straight day and drops to over a one-week low on Thursday. The post-US CPI USD selling bias, sliding US bond yields continue to exert …
USD/JPY Price Analysis: Drops to over one-week low, looks to 131.40-30 to offer some support Read More
GBP/USD Forecast: Pound to remain bullish as long as 1.2175 support holds GBP/USD has gone into a consolidation phase early Thursday following Wednesday’s impressive rally. The near-term technical outlook suggests …
Pound Sterling Price News and Forecast: GBP/USD climbs to 1.2230 area Read More
AUD/USD catches fresh bids on Thursday and climbs to a two-month high amid weaker USD. Diminishing odds for a larger Fed rate hike in September, the risk-on mood weighs on …
AUD/USD Price Analysis: Bulls flirt with 200-DMA/ascending channel confluence hurdle Read More
USD/CHF drops to a fresh multi-month low amid the emergence of fresh USD selling. Diminishing odds for a later Fed rate hike in September continue to weigh on the USD. …
USD/CHF trades just below 200 DMA amid sluggish USD Read More
USD/JPY turns lower for the second straight day on Thursday amid renewed USD selling. Diminishing odds for a larger Fed rate hike in September continue to weigh on the buck. …
USD/JPY slides back below mid-132.00s as USD struggles to find buyers Read More
USD/CAD remains on the defensive near a two-month low touched on Wednesday. Hopes for a less aggressive Fed, the risk-on mood continues to weigh on the buck. An uptick in …
USD/CAD struggles near two-month low, seems vulnerable below 100-day SMA Read More