Show:
Crude Oil rally eases after US stockpiles grow more than expected
Crude Oil sees its two-day surge halt on Wednesday after the American Petroleum Institute (API) reported a larger-than-expected increase in US stockpiles. In the Middle East, Secretary of State Antony Blinken urged Israel to avoid further escalating the
US Dollar gains further fueled by surge in US yields, election uncertainty
The US Dollar (USD) strengthens further on Wednesday, fueled by uncertainty ahead of the US presidential election and safe-haven inflow after equities extend their downbeat performance.
AUD/USD Price Forecast: Downtrend resuming, odds favor bears
AUD/USD resumes its down move which began at the September 30 highs.
USD/CAD: BoC policy decision is nigh - Scotiabank
The Canadian Dollar (CAD) is holding relatively steady against the strong USD ahead of the Bank of Canada policy decision and MPR at 9.45ET.
US Dollar stretches gains - Scotiabank
The US Dollar (USD) is extending gains this morning, pressuring the EUR below 1.08 and driving USDPY above 152 as US yields rebound from yesterday's dip, leaving the 10Y yield within a whisker of 4.25%, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The BRICS summit in Kazan - Commerzbank
The heads of state and government of the BRICS countries are currently meeting in Kazan, Russia.
NZD/USD Price Forecast: Posts fresh two-month low near 0.6020
The NZD/USD pair falls back to near 0.6020 after a short-lived recovery in Wednesday's European session.
Canada: Bank of Canada to cut rate by 50bp - Commerzbank
This afternoon UK time, the Bank of Canada (BoC) will announce its regular interest rate decision - and after the developments of the past few weeks, there is much to suggest that it will accelerate the pace of rate cuts, Commerzbank's FX Analyst Michael Pfister notes.
EUR/USD: Is moving to parity probable? - Rabobank
The current resilience of the US economy is in stark contrast to that of Germany.
US: What would happen to the Dollar if Trump were to win? - Commerzbank
What would be different under Trump? For FX analysts, specifically: Would a second Trump term lead to US dollar strength or weakness? When US goods become more expensive relative to goods from the rest of the world, it can happen in two ways.
THB supplants PHP as the most over-valued currency in Asia - DBS
Scope for USD/THB to trade higher given official concerns over THB, DBS' FX & Credit Strategist Chang Wei Liang notes.
EUR/JPY refreshes 14-week high near 164.50 despite ECB dovish bets mount
The EUR/JPY pair posts a fresh 14-week high near 164.50 in Wednesday's European session.
USD/JPY: No clear technical resistance level into 155.00 - ING
For now, the most interesting G10 pair remains USD/JPY, ING's FX Francesco Pesole notes.
CEE: Bonds auction test market appetite for risk - ING
Yesterday's National Bank of Hungary meeting brought no change in rates to 6.50% as expected.
The Canadian Dollar to outperform versus other commodity currencies - ING
Markets are pricing in 45bp of easing by the Bank of Canada today.
Pound Sterling gains on BoE Greene's hawkish interest rate guidance
The Pound Sterling (GBP) outperforms the majority of its peers, except the US Dollar (USD) and the Canadian Dollar (CAD), on Wednesday.
NZD/USD: 0.6005 is likely within reach - UOB Group
The New Zealand Dollar (NZD) is expected to trade in a range between 0.6020 and 0.6060.
USD/JPY at around 152.50 may offer a good risk-reward - DBS
USD/JPY had rebounded above 151, with the JPY being highly sensitive to the sharp rise in US yields, DBS' FX & Credit Strategist Chang Wei Liang notes.
AUD/USD: Expected to trade in a sideways range of 0.6660/0.6695 - UOB Group
The Australian Dollar (AUD) is expected to trade in a sideways range of 0.6660/0.6695.
AUD/JPY moves above 101.50 due to growing doubts over BoJ policy outlook
AUD/JPY extends its gains for the third consecutive day, trading near 101.60 during European hours on Wednesday.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy