Societe Generale: Flow Reversal Case Builds for South Korean Won
Societe Generale has identified a building case for a flow reversal in the South Korean won, according to a recent note from the
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US Dollar Relief Rallies Likely Shallow, Says BBH
BBH analysts noted that relief rallies in the US dollar are likely to be shallow, as global risk sentiment remains fragile and the
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Brazil’s July Trade Balance Misses Forecasts, Coming in at $7.067 Billion
Brazil’s trade balance registered a surplus of $7.067 billion in July, falling short of the market consensus of $8.4 billion, according to data
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British Pound Holds Firm as Sentiment Offsets Softer Spreads: Scotiabank
The British pound remains resilient as positive market sentiment is counterbalancing the impact of softer interest rate differentials, according to a recent analysis
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Gold Rallies on Hormuz Shipping Optimism, ING Says
Gold prices are extending their rally, supported by growing optimism over the stability of shipping routes through the Strait of Hormuz, according to
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Banxico Holds Benchmark Interest Rate at 6.50% in Unanimous Decision
Mexico’s central bank, Banco de México (Banxico), announced its decision to hold the benchmark interest rate at 6.50% on [Date of Decision], a
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Mexico’s Banxico Holds Key Rate at 6.5% as Expected, Citing Inflation Risks
The Bank of Mexico (Banxico) kept its benchmark interest rate unchanged at 6.5% during its February monetary policy meeting, aligning with market forecasts
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UOB: Thai Baht Faces Supply Risks and FX Sensitivities
UOB has highlighted supply-side risks and foreign exchange (FX) sensitivities for the Thai baht, according to a recent analysis. The bank’s commentary points
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USD/JPY Bulls Reclaim 200-Day SMA: What’s Next for the Pair?
The USD/JPY pair has staged a recovery, with bulls retaking the 200-day simple moving average (SMA) during the latest trading session, signaling a
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Dollar Strengthens on Safe-Haven Demand and Rising Yields; Yen Slides Past 158 After Intervention
The U.S. dollar firmed on Tuesday, supported by safe-haven demand and rising Treasury yields, while the Japanese yen weakened past the 158 level