US Services Sector Growth Accelerates in July as PMI Beats Forecasts
The United States S&P Global Services PMI rose to 54.6 in July, surpassing the forecast of 53.6 and indicating a faster expansion in
Forex News
Forex News
TD Securities: Yen Intervention Drop Likely Capped Near 153
TD Securities sees the Japanese Yen’s intervention-driven drop capped near 153 per dollar, according to a note released this week. The currency pair
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Geopolitical Tensions Put Global Oil Supply Routes to the Test, BNY Warns
Geopolitical developments are increasingly testing the resilience of global oil supply routes, according to a new analysis from BNY, highlighting potential vulnerabilities in
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Euro Forecasts Slashed as Yen Intervention Doubts Persist: Strategists Weigh In
Forex strategists have lowered their Euro forecasts against the US Dollar, citing growing expectations of European Central Bank (ECB) policy easing, while skepticism
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Indian Rupee Gains Support from RBI Stance and Inflows: BBH
The Indian rupee is finding support from the Reserve Bank of India’s (RBI) policy stance and steady foreign inflows, according to a note
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US Economy Shows Resilience, Lending Support to the Dollar
The US economy is demonstrating robust health as of mid-2025, with strong labor markets and resilient consumer spending providing a tailwind for the
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Gold investment ads under scrutiny: ASA warns on mining expertise claims
The Advertising Standards Authority (ASA) has issued a new ruling that gold investment advertisers must demonstrate genuine mining expertise before making claims about
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Brazilian Real: Limited Policy Easing Caps FX Impact, Commerzbank Says
Commerzbank strategists note that the Brazilian Real’s foreign exchange impact remains capped due to the central bank’s limited scope for policy easing, according
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Treasuries Mixed as Oil Slide Tempers Inflation Worries Ahead of U.S. Jobs Data
Treasury yields were mixed in early trading as a drop in oil prices eased inflation concerns, with investors turning attention to the upcoming
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Oil Nearing a Bad Deal: What’s at Stake as OPEC+ Weighs Output
Oil markets are approaching a critical juncture as OPEC+ deliberations over production levels threaten to create a supply glut, according to recent chart