Tag: forex

Dr. Henry Hao of Commerzbank posits that China’s housing market remains entrenched in a state of structural stagnation, a condition that has persisted for five years since the onset of…

The global precious metals market witnessed a significant downturn for silver this past week, as the white metal concluded trading on Friday with a modest recovery of 0.84% but remained…

The Bank of Korea (BoK) has initiated a more aggressive monetary tightening path, raising its benchmark base rate to 2.75% from 2.50% at its July 16 meeting, marking the first…

Singapore’s United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann have issued a nuanced outlook for the USD/CNH pair, observing a period of narrow consolidation around the…

Anatoli Anenkov, a prominent economist at Societe Generale, anticipates that the European Central Bank (ECB) will maintain its current monetary policy stance at its upcoming meeting, steadfastly reiterating its commitment…

West Texas Intermediate (WTI), the US crude oil benchmark, surged to trade around $79.00 during early European hours on Friday, marking its most significant weekly advance since April. This sharp…

Iran has reportedly instructed Yemen’s Houthi militia to prepare for the potential closure of the Red Sea oil route, a critical global shipping lane, should the United States initiate strikes…

The European Union is intensifying its efforts to recalibrate its intricate trade relationship with China, navigating a path between deeper engagement and addressing significant imbalances. This strategic shift, highlighted by…

The EUR/JPY currency pair currently trades around the 185.80 mark on Thursday, displaying marginal daily fluctuations after having scaled a one-month high earlier in the week. This subtle downward adjustment…

The British Pound has recently experienced a significant short squeeze, pushing its value sharply higher against major currencies, a rally primarily attributed to market reactions surrounding prospective appointments within the…