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As the US dollar gains strength due to market expectations of additional interest rate hikes by the Federal Reserve, the USD/IDR ratio rises. Markets are pricing in a nearly 85.5% chance of a Fed raise in December, according to the CME FedWatch tool. As cautious traders await the June CPI data...

Economist Philip Wee of DBS Group Research contends that the retirement of Sir Keir Starmer and the impending Labour Party leadership election should not cause the British pound to experience another mini-budget crisis similar to the one that occurred in the UK in 2022. In contrast to Liz...

Martin Schlegel, chairman of the Swiss National Bank (SNB), is speaking at a press conference following the monetary policy assessment in June, during which the central bank maintained interest rates at zero percent. Important quotes Higher energy prices have caused Swiss inflation to increase...

At 0.8015, USD/CHF is back to levels above 0.8000 and is very close to two-and-a-half-month highs. The SNB has maintained interest rates at zero percent and has hinted at a stable monetary policy going forward. The US Dollar holds gains following a "hawkish stand by the Fed on Wednesday. With...

Dow Jones futures flatten as traders brace for the Federal Reserve's upcoming policy decision. Traders are pricing in odds of the Fed holding its benchmark interest rate steady in the 3.50% to 3.75% range. Broader market sentiment improved on optimism following a preliminary US-Iran peace deal...

According to Christopher Wong of OCBC, gold has increased by roughly 5% as the US-Iran de-escalation lessened the shocks to oil-led inflation and interest rates. He warns that additional increases will depend on softer oil, lower rates, and proof that Fed hawkish repricing has peaked, and that...

According to Chris Turner of ING, the European Central Bank's statement following last week's rate hike is the Euro's main focus this week, with markets giving another move in July very little chance. He points out that the EUR/USD rise has been lackluster and says that under the current...

While solid US data, stronger Fed rate expectations, and strong US stocks continue to underpin the dollar bull case, Nomura's Dominic Bunning and colleagues point out that historical trends surrounding US data shocks hint to negative risks for the USD over the next months. They identify Fed...

Commerzbank's Michael Pfister points out that the Bank of Canada (BoC) maintained interest rates at 2.25% and believes there is little need for short-term tightening in light of declining core inflation and a faltering real economy. There will only be one increase in market prices by December...

After last week's decline, GBP/USD is still under pressure, with room for another test of 1.3300 before a recovery, according to Quek Ser Leang and Lee Sue Ann of UOB. They emphasize that the broader pair is in a range with important supports at 1.3210 and 1.3160, and that a clean break below...

The Israeli army's Arabic-language spokesperson, Avichay Adraee, warned inhabitants of the Lebanese city of Tyre to leave right away in anticipation of strikes during Tuesday's European session. Adraee wrote, "Urgent warning to the population of the city of Tyre, particularly the Christian...

The UK economists at Societe Generale point to the political unpredictability surrounding Andy Burnham's possible Labour leadership challenge and its policy ramifications, but they do not anticipate significant change. Regarding monetary policy, they predict the BoE will keep rates on hold...

Following the exchange attacks between Iran and Israel, Dow Jones futures struggle as risk aversion rises. Following a significant Wall Street selloff driven by significant losses in semiconductors and technology, US stock futures are divided. At the first meeting of US Fed Chairman Kevin Warsh...

The US dollar has strengthened more against a North Asia import-weighted basket than versus conventional currencies, according to BNY's Geoff Yu, heightening concerns about US inflation. He emphasizes that despite significant trade surpluses with the United States, CNY, JPY, TWD, and KRW have...

The vast majority of economists anticipate that the ECB will increase its deposit rate in June, according to a Reuters survey. Compared to the previous survey, expectations for additional monetary tightening this year have increased. A sizable portion of analysts think that the Eurozone is still...

Following a severe post-RBNZ selloff, TD Securities analysts concentrate on AUD/NZD. They contend that the previous AUD/NZD upswing should be stopped by the beginning of the Reserve Bank of New Zealand (RBNZ) hiking cycle as opposed to a peaking Reserve Bank of Australia (RBA) cycle, but they...

According to BNP Paribas, quarterly momentum will drop to roughly 0.1% and UK economic growth would slow to 0.7% in 2026 from 1.4% in 2025. It is anticipated that inflation would reach 3.4% before only slightly declining, remaining above the BoE objective. While 10-year gilt yields remain high...

During Friday's European trading session, Japan's Chief Cabinet Secretary Minoru Kihara stated that the government is very worried about speculative Forex movements and will be prepared to take appropriate action if necessary. Extra comments "The government's position on foreign exchange is...

Commerzbank analyst Norman Liebke says that gold and silver have fallen because new US attacks in the Gulf strengthened the opposite relationship with oil. When energy prices go up, it causes more inflation and worries about interest rates, which hurts metals that don't pay interest. But he...

EUR/CAD declines as the commodity-linked Canadian dollar gains strength from rising crude oil prices. After Monday's US self-defense attacks in southern Iran, supply concerns have caused WTI to increase. Hawkish opinion over the European Central Bank's monetary policy outlook may cause the Euro...