Dollar

Key points:  Bank of Thailand to review inflation target range.  Prime Minister Srettha Thavisin suggests the review will increase the likelihood of a rate cut.  Bank of Thailand leaves interest rate unchanged for the fourth consecutive meeting.  The Bank of …

Key points:  The US Federal Reserve maintains its benchmark interest rate at 5.50%.  Fed officials project fewer rate cuts, with only one expected this year.  Major stock indexes rose sharply following a lower inflation rate in May.  The US stock …

Key points: Nikkei fell 0.12% by midday, after earlier gains BOJ expected to keep interest rates steady and consider balance sheet reduction Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This …

Key points: Indonesian Rupiah reaches a four-year nadir, influencing broader trends in emerging Asian currencies. Jakarta stocks descend to their lowest point since November 2023, amid regional market pressures. The Indonesian Rupiah marked a new four-year low on Monday, declining …

Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …

Key points: The dollar index (DXY) remains close to an eight-week low ahead of a significant U.S. jobs report. Traders anticipate weaker jobs growth, which could influence future Federal Reserve rate cuts. The dollar hovered close to an eight-week low …

Key points: ISM services report shows higher business activity and faster new orders growth. The US dollar sees a slight recovery but remains under pressure ahead of Friday’s NFP report The latest Institute for Supply Management (ISM) services report revealed …

Key points: US economic data shows a decline, impacting the USD. ECB rate cut and Swiss Franc performance signal market shifts. The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, …

Key points:  USDSGD remains steady at 1.3462 during the Asian session.  ISM services PMI report tonight will provide insights into the US economy.  Technical support for USDSGD at 1.3400 and resistance at 1.3500.  The USD/SGD pair is consolidating during the …

Key points: U.S. job openings fell to a three-year low, signaling potential economic slowdown. Treasury yields declined, while the dollar and safe-haven assets saw gains. The U.S. economy’s recently robust performance may be starting to wane, as indicated by the …