Japanese Yen: Hedge appeal strengthens against US Dollar - OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that the Japanese Yen (JPY) is regaining relevance as a portfolio hedge amid shifting AI-related market risks.
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OCBC’s Sim Moh Siong and Christopher Wong highlight that the Japanese Yen (JPY) is regaining relevance as a portfolio hedge amid shifting AI-related market risks.
Read at FXStreetNew orders for manufactured Durable Goods in the United States (US) rose by $6.3 billion, or 1.8%, to $345.4 billion in September, the US Census Bureau reported on Tuesday. This…
Read at FXStreetCommerzbank’s Carsten Fritsch notes Brent Oil has surged to a six‑month high as geopolitical tensions around Iran, Houthi attacks in Saudi Arabia and risks in the Strait of Hormuz…
Read at FXStreetEUR/GBP edges lower on Tuesday amid a mixed market mood, with the British Pound (GBP) outperforming the Euro (EUR) as France’s fiscal concerns weigh on the single currency.…
Read at FXStreetPrivate-sector hiring in the US has weakened further in early October. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an…
Read at FXStreetMUFG’s Derek Halpenny highlights continued Euro weakness, noting EUR remains the worst performing G10 currency this month despite a narrowing OAT/Bund spread and more supportive…
Read at FXStreetING strategists Francesco Pesole, Chris Turner and Frantisek Taborsky note the US Dollar (USD) has started the week on a firm footing, helped by stabilising AI sentiment, a…
Read at FXStreetUnited Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/CHF extended its rapid rise to 0.8278, leaving short-term conditions overbought but still allowing scope…
Read at FXStreetSociete Generale’s Kenneth Broux and team note AUD/USD has defended its March uptrend near 0.6900 and is trading sideways around the 100-day moving average, outperforming G10…
Read at FXStreetBrown Brothers Harriman’s (BBH) Elias Haddad describes a brutal election shock for Brazilian assets, with USD/BRL spiking before stabilizing and local equities and bonds plunging.…
Read at FXStreetSilver price (XAG/USD) claws back some of its losses after posting a fresh Year-Till-Date (YTD) low near $52.67. Still, the white metal is 1% down to near $53.45 in the European…
Read at FXStreetCommerzbank analysts Thu Lan Nguyen and Carsten Fritsch highlight that Gold has dropped back below USD 4,000 per troy ounce despite easing US rate expectations and lower real…
Read at FXStreetOCBC’s Sim Moh Siong and Christopher Wong note that the British Pound (GBP) has been more resilient than expected as UK growth holds up and fiscal risks stay contained. Markets…
Read at FXStreetGold (XAU/USD) fluctuates near the $4,000 mark on Tuesday after posting modest gains at the start of the week.
Read at FXStreetFrance October consumer confidence 80 vs 85 expected Prior 86; revised to 85 That's a major blow. French household confidence falls to its lowest since 2013 in October as fiscal…
Read at ForexLiveEUROPEAN SESSION In the European session, we don't have much on the agenda other than a couple of low-tier releases like the French consumer confidence and the Spanish…
Read at ForexLiveThe Indian Rupee (INR) remains under pressure the US Dollar (USD) as demand for US Dollars remains significant due to elevated oil prices. On Tuesday, the USD/INR pair holds onto…
Read at FXStreetThere is a bit of a welcome relief in global bonds to start the new week, particularly in Europe after Moody's affirmed France's Aa3 credit rating. Meanwhile, Treasury yields have…
Read at ForexLiveEuropean traders will be greeted with a rather bare economic calendar when they get to their desks today, and I reckon that might suit some market players just fine considering…
Read at ForexLiveAsia firms into Tokyo lunch: Japan and Korea stocks rise, AUD and NZD gain after Nasdaq lead Ethereum Foundation “dump” is a $6.4m treasury sale, not a crisis South Korea Q3 GDP…
Read at ForexLiveThe rebound offers a modest positive surprise for Chinese assets at a time when sentiment is fragile, with onshore equities in a bear market and Morgan Stanley warning of further…
Read at ForexLiveAn in-line print is unlikely to move the yen much on its own, but it removes one possible dovish surprise before Friday’s decision and keeps the backdrop supportive of December…
Read at ForexLiveThis is a warning shot rather than an escalation, so the immediate market impact is likely confined to aerospace names, with Airbus and Boeing shares the most exposed to any shift…
Read at ForexLiveThe Australian dollar and front-end yields are set up for a binary reaction. With implied hike odds already above half, a trimmed mean at or above 1.0% would push November pricing…
Read at ForexLiveThe analysis adds a structural layer to an inflation backdrop already strained by energy, which argues against easing and supports the case for central banks on tightening paths,…
Read at ForexLiveThe Canadian dollar had some deal optimism built in after the weekend remarks from Washington, so Carney’s comments and the Semafor report remove part of that support and leave…
Read at ForexLiveAt the close: US stock markets climb Monday as Anthropic files for IPO US and Canada working on deal to ease tariffs on Canadian steel and auto imports The once Magnificent 7 are…
Read at ForexLiveThe services PPI is rarely a big mover for the yen on its own, but a reading at or above 3.7% would reinforce December hike pricing and lend modest support to the yen and…
Read at ForexLiveI'll get a preview posted for the Japanese data soon (ADDED, here it is: Japan services PPI preview: 3.7% pace in focus ahead of Friday’s BoJ decision ). In brief, while the…
Read at ForexLiveFalse reports of 'a Canada-USA trade deal' aren't far off from the number of reports about 'peace in Hormuz' so I would take this one with a grain of salt. There has been some…
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