Monday, 2 November 2026
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EUR/USD rebounds during American trading hours on Thursday as a pullback in US Treasury yields tempers the US Dollar’s (USD) momentum. However, France’s fiscal concerns and broader US Dollar strength keep the Euro (EUR)…
UOB’s Alvin Liew analyzes the September 2026 FOMC minutes, highlighting unanimous support for a 25bp hike to 3.75–4.00% as inflation stays elevated and growth remains solid. He notes policymakers generally see another h…
UOB strategists Quek Ser Leang and Lee Sue Ann note AUD/USD slipped to 0.6943 after previously expecting modest upside, but the move has not generated strong bearish momentum. Intraday, the Australian Dollar (AUD) is se…
Gold (XAU/USD) holds modest gains on Thursday as a retreat in US Treasury yields tempers the US Dollar’s (USD) strength, helping the metal regain some ground. However, Gold lacks bullish conviction and remains in a bear…
MUFG’s Lee Hardman notes the Dollar index is holding near year-to-date highs even as US rate markets pare back expectations for further Federal Reserve tightening. Softer US data and FOMC minutes signal no urgency to hi…
AUD/USD extends its losses for the second successive day, trading around 0.6950 during the European hours on Thursday. The pair loses ground as the US Dollar (USD) gains support amid Treasury yields climbing back toward…
The Indian Rupee (INR) opens mildly higher against the US Dollar (USD) on Thursday due to possible Reserve Bank of India’s (RBI) intervention. According to a Reuters report, Indian central bank likely sold US dollars ne…
Federal Reserve (Fed) Governor Christopher Waller said in a speech at the Central Bank of the Republic of Türkiye (TCMB) Istanbul Economic Forum on Thursday that more interest rate hikes are needed as inflation remains …
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions. Strait of Ho…
The USD/CAD pair attracts some sellers during the first half of the European session on Thursday, though it lacks follow-through and currently trades around mid-1.4200s, nearly unchanged for the day. Moreover, spot pric…
All participants at the Federal Reserve's (Fed) September 15–16 meeting supported the 25-basis-point rate increase, while most judged that another hike would probably be appropriate by the end of the year. The Minutes s…
U.S. Dollar Index Futures (DXY) – 1H Technical AnalysisMarket Structure The DXY is showing a potential bullish reversal structure after the sharp decline from the 101.48 area. Price formed a significant base around 98.6…
NZD/USD experienced volatility after posting modest losses in the previous day, remaining in positive territory and trading around 0.5600 during Asian hours on Thursday. However, the pair could face further downside as …
The Euro (EUR) is up 0.14% at around 177.15 against the Japanese Yen (JPY) during the Asian trade on Thursday. The cross rebounds slightly after Wednesday’s sharp downside move, as the Japanese currency underperforms de…
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France's fiscal concerns continued to weigh on…
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day's pullback from a one-and-a-half-week high, around the 158.50 region. Spot prices, however, remain confined in a familiar ra…
The Mexican Peso finishes its winning streak yet holds firm at around Wednesday’s opening price against the US Dollar, after the minutes of the Federal Reserve’s last meeting revealed that officials expect another rate …
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yiel…
Japanese pay grew faster than forecast in August and the Yen weakened anyway. USD/JPY trades near 158.00, back where it was before the release took it to its highest since September 25.
The low of every session since September 24 has come within half a cent of 1.3200, and Wednesday made it ten in a row. GBP/USD trades just above 1.3200, below the level Tuesday's rally started from.
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The US government sold $743 billion of Treasury securities during the week, in 10 auctions. Of them, $612 billion were Treasury bills, spread over seven massive auctions, with maturities from 4 weeks to 52 weeks, most o…
USD/JPY trades in a narrow range on Wednesday, with the Japanese Yen (JPY) holding a slight advantage over the US Dollar (USD) as traders assess hawkish Bank of Japan (BoJ) signals. Intervention risks near the 160.00 le…
The Pound Sterling (GBP) dives over 0.48% against the US Dollar (USD) on Wednesday as US Treasury yields hit a 24-year high, boosting the Greenback’s appeal, while traders await the release of the Federal Reserve’s (Fed…