Forex markets opened the week on a quiet note, with major pairs and crosses holding tightly within Friday’s ranges during Asian session. Even with last week’s risk-off tone and Wall Street’s steep decline, Asian investors appear to be taking the broader US developments in stride. One outlier is Japan’s Nikkei, which extended its selloff from … Read more

Markets are recovering modestly at the start of the week after last week’s sharp risk-off move. European equities are inching higher, and US futures point to a positive open. While sentiment appears to be improving, the backdrop remains fragile, as reflected in the continued slide in global bond yields, a signal that some investors are … Read more

Yen continues to outperform in the FX market this week so far, drawing strong support from the ongoing slide in US Treasury yields. The benchmark 10-year yield slipped to close at 4.2% overnight, as Fed rate cut bets gaining traction. Market consensus is solidifying around the idea that Fed will deliver at least two rate … Read more

Dollar is trading mixed in early US trading on Tuesday, reflecting a cautious tone across the broader market. Treasury yields appeared to have found a foothold, with 10-year stabilizing around 4.2%, helping to curb recent Dollar softness. Traders appear to be waiting for the next catalyst — likely today’s ISM Services data — to drive … Read more

Asian equity markets are broadly stable today, shrugging off the negative lead from Wall Street overnight. The broader resilience comes despite a sharp selloff in chip stocks across Japan, South Korea, and Taiwan after US President Donald Trump confirmed that new tariffs on semiconductors and chips will be unveiled “within the next week or so.” … Read more

Dollar is softening again across the board in a session marked by light news flow and no scheduled economic data from the US. With little fresh macro direction, traders are shifting their attention to upcoming comments from Fed officials, including Boston Fed President Susan Collins and Fed Governor Lisa Cook. Their views on the labor … Read more

Dollar came under pressure again in Asian session, deepening this week’s selloff as traders digested a flood of tariff developments and dovish commentary from Fed officials. While Asian equity markets held steady with modest gains, the currency markets showed clearer directional bias, with the greenback slipping alongside Swiss Franc and Yen. Euro, Aussie and Kiwi … Read more

Sterling surged across the board after the BoE delivered a widely expected rate cut to 4.00%, but with a much tighter vote split than markets anticipated. Four of the nine Monetary Policy Committee members voted to keep rates unchanged, signaling persistent concerns about upside inflation risks. This hawkish undercurrent, paired with Governor Andrew Bailey’s cautious … Read more

After a week of volatility, the forex markets settled into a quieter rhythm during the Asian session on Friday. Swiss Franc stabilized somewhat, but remains the weakest performer this week after a heavy blow from Washington. Switzerland’s diplomatic efforts fell short as the harsh 39% US tariff on Swiss imports officially kicked in. The import … Read more

July was a rough month for both the GBP and the JPY which were the worst performing currencies in the Major FX space against the Greenback (which also sparked a market-shaking comeback). The past week however did see the return of some strength for the Yen after observing a lot of bad talk around the … Read more