DBS: Indonesia’s FX Intervention and Bond Support Strategy to Stabilize the Rupiah
Singapore’s DBS Bank has assessed that Indonesia’s recent combination of foreign exchange (FX) intervention and bond market support measures is likely to provide
Forex News
Forex News
Crude Oil Recovers as Strait of Hormuz Blockade Outlasts Diplomatic Hopes
Crude oil prices have staged a notable recovery this week as the ongoing blockade of the Strait of Hormuz continues to disrupt global
Forex News
USD/JPY Holds Steady as Easing Middle East Tensions Weigh on Dollar Demand
The USD/JPY currency pair traded in a narrow range on Tuesday, as diminishing geopolitical tensions in the Middle East reduced safe-haven demand for
Forex News
EUR/USD Rally Driven by Sentiment, Scotiabank Sees Next Target at 1.1825
The euro has extended its recent gains against the US dollar, with analysts at Scotiabank describing the move as primarily sentiment-driven. In a
Forex News
GBP/USD Edges Higher as Renewed US-Iran Peace Hopes Weigh on Dollar
The British pound strengthened against the US dollar on Tuesday, as renewed diplomatic efforts between the United States and Iran raised hopes for
Forex News
Silver Hits Multi-Week Highs as Weaker Dollar and Falling Oil Prices Lift XAG/USD
Silver prices extended their upward trajectory on Tuesday, reaching fresh multi-week highs as a combination of a softer US Dollar and a significant
Forex News
NY Fed Survey Shows Households Expect Higher Inflation Next Year
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations reveals that American households anticipate higher inflation over the next year,
Forex News
Fed’s Daly Advocates for Measured Approach to Price Stability, Warns Against Overreaction
Federal Reserve Bank of San Francisco President Mary Daly emphasized the importance of achieving price stability without resorting to overreactive policy measures, signaling
Forex News
USD/SGD Range-Bound With Downside Risk, Says OCBC
The US Dollar/Singapore Dollar (USD/SGD) currency pair is expected to trade within a defined range in the near term, but with a bias
Forex News
Dow Jones Reverses Gains as Iran Nuclear Deal Hopes Hit Hard Reality
The Dow Jones Industrial Average reversed earlier gains on Wednesday as initial optimism surrounding a potential nuclear deal with Iran gave way to