Market news
Market news
Market newsThe Kiwi defies hot US inflation as Fed pause bets weaken the USD
The New Zealand Dollar ended the week on a higher note against the US Dollar, up 0.55% to 0.5652, as the Greenback weakened amid investors' skepticism about a …
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Market newsCanada: Energy-driven resilience with limited core pass-through – RBC
Royal Bank of Canada (RBC) strategis Claire Fan and Abbey Xu expect Canada’s headline Consumer Price Index to remain at 3% year-over-year in September, support…
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Market newsTaiwan Dollar: Foreign outflows pressure currency – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that Taiwan Dollar (TWD) has extended losses on heavy foreign equity outflows, partly retracing i…
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Market newsSilver Price Forecast: Bears target $55 as RSI nears oversold
Silver (XAG/USD) price is poised to finish the week with losses after the white metal fell below the $60.00 key support, exacerbating the sell-off that pushed …
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Market newsGold stumbles as US yields eclipse fading October Fed hike bets
Gold (XAU/USD) price retreats about 0.10%, trading at $4,163 on Friday, poised for a weekly loss as traders assess recent US inflation data, which, although ho…
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Market newsBank of Korea: Policy patience case – Standard Chartered
Standard Chartered’s Chong Hoon Park expects the Bank of Korea to keep its base rate at 3.00% through October and November, despite a less favourable inflation…
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Market newsEUR/USD Price Forecast: Recovery remains fragile below key moving averages
EUR/USD struggles to extend its gains on Friday as the US Dollar (USD) steadies after coming under heavy pressure on Thursday. At the time of writing, the pair…
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Market newsBank of Canada: Inflation-growth tradeoff keeps policy on hold – RBC
Royal Bank of Canada economists Claire Fan and Abbey Xu assess upcoming Canadian inflation data and the Bank of Canada’s Q3 Business Outlook Survey ahead of th…
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