Markets

The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot…

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8880 compared to the previous day's fix of 6.9025 and 6.8764 Reuters…

US President Donald Trump will address the nation at 01:00 GMT on Thursday to give an “update” on the war with Iran, CNN reported. The speech will be the first major national…

Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling…

The GBP/JPY edges higher by nearly 0.60% on Wednesday as the market mood improved amid speculation of a possible end to Iran’s war. Although the pair found support at the 100-day…

TD Securities’ Alex Loo and Jayati Bharadwaj argue that Asia faces a dual shock from higher Oil prices and rapidly depleting inventories, hitting growth and lifting inflation. They…

ING’s Min Joo Kang expects the Bank of Korea (BoK) to stay focused on inflation stabilisation and financial stability as resilient growth combines with rising price pressures. She…

Gold (XAU/USD) price rallies for a fourth straight day on Wednesday, hitting a two-week high near $4,800 as the Greenback depreciates amid growing speculation of an end to the…

MUFG’s Senior Currency Analyst Michael Wan notes that Asian currencies recovered as risk sentiment improved following comments from US President Trump on ending the Iran war, even…

DXY fell more than 0.5% on Wednesday, drifting into session lows around 99.30 after opening close to 99.90. The index has been under steady selling pressure all session, carving a…