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US Treasury Secretary Scott Bessent announced on Wednesday that the United States and China have agreed to extend a crucial bilateral trade truce, known informally as the "Busan Agreement," from…
The United States Dollar (USD) maintained its formidable upward trajectory on Wednesday, marking its third consecutive day of gains and achieving fresh two-month highs against a basket of major currencies.…
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann have presented a nuanced outlook for the USD/CHF currency pair, forecasting a period of sustained consolidation across various…
The Eurozone economy is exhibiting unexpected resilience, with recent Purchasing Managers’ Index (PMI) data for September significantly surpassing forecasts, a development that is increasingly solidifying market expectations for further aggressive…
West Texas Intermediate (WTI), the key US crude oil benchmark, experienced a notable decline in early Asian trading hours on Wednesday, settling around the $89.00 mark. This downward pressure on…
Following a pivotal meeting with Ukrainian President Volodymyr Zelenskyy, former U.S. President Donald Trump announced that he is actively working towards a resolution to end the protracted conflict in Ukraine,…
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter has unequivocally affirmed the necessity of additional interest rate increases this year, signaling the central bank’s unwavering commitment to reining in…
The Australian Dollar (AUD) experienced a reversal of its earlier gains on Monday, pushing the AUD/USD pair lower as a broadly firmer US Dollar (USD) and persistent hawkish expectations surrounding…
The US Dollar (USD) began the week on a firmer footing Monday, propelled by sustained market conviction that the Federal Reserve (Fed) is poised to implement at least one more…
West Texas Intermediate (WTI), the key US crude oil benchmark, extended its losing streak for a fourth consecutive day, retracing from a modest gap-up open in the $96.55-$96.60 range to…
