The major foreign exchange rates have remained stable overnight with the US dollar continuing to trade at modestly weaker levels following last week’s correction lower. The dollar index closed lower ...
The US dollar is broadly unchanged following the comments from Fed Chair Warsh. All we got from Warsh on monetary policy was the repeat emphasis that the Fed would remain focused on achieving its ...
The focus in Asia will be on central bank policy decisions by Indonesia, Philippines and South Korea, China’s macro data, coupled with whether the tech and semiconductor-led risk-off sentiment ...
The dollar softened after Fed Chair Warsh offered no hawkish steer at the IMF meetings, prompting markets to scale back expectations of another rate hike at the 27-28 October FOMC meeting. The implied ...
The USD is on course to weaken this week, bringing an end to four consecutive weeks of gains. After climbing to a fresh year-to-date high following the stronger-than-expected US CPI report for ...
Oil holds above USD 105 as geopolitical risks offset demand concerns. Brent futures are trading lower from the open but have held onto levels above USD 105/b. Prices are off by about 0.6% to USD ...
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