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Australian Dollar: RBA holds hawkish bias with steady rates ā ING
INGās Chris Turner reports that the Reserve Bank of Australia kept rates at 4.35%, while Governor Michele Bullock delivered a hawkish message, stressing upside inflation risks and revealing that a hike was discussed. Short-dated Australian yields reversed higher.
EUR/USD Price Forecast: Range-bound trade persists below 100-day SMA
EUR/USD fluctuates on Tuesday, holding within the range seen over the past week. At the time of writing, the pair trades around 1.1546, virtually unchanged on the day.
Gold: ETF inflows and sceptical outlook ā Commerzbank
Commerzbankās Carsten Fritsch notes Gold breaking above USD 4,400 per ounce despite a sharp Oil rally, with Fed rate expectations only modestly higher after weak US labour data.
Japan: BoJ inflation focus and rate risks ā Rabobank
Rabobank's Senior FX Strategist Jane Foley examines Japanese inflation dynamics and Bank of Japan policy. The report notes elevated Oil prices and supply risks, but stresses BoJās focus on core inflation and wage-driven pressures after decades of deflation.
Singapore: Strong growth momentum defies risks ā DBS
DBS Group Research economist Chua Han Teng highlights that Singaporeās economy is set to deliver above-trend growth for a third straight year in 2026, supported by manufacturing, wholesale trade and financial services.
Euro: Rangebound against US Dollar as volatility sinks ā ING
Chris Turner at ING observes that EUR/USD realised volatility continues to decline, with one-year volatility matching lows from November 2024.
United States Redbook Index (YoY) down to 8.3% in August 7 from previous 8.7%
United States Redbook Index (YoY) down to 8.3% in August 7 from previous 8.7%
Japanese Yen: Heading back toward 160 against US Dollar ā Commerzbank
Volkmar Baur at Commerzbank notes that the Japanese Yen has weakened again above 159 per Dollar despite recent intervention and Bank of Japan signals.
Japanese Yen struggles as impact of joint intervention fades
USD/JPY treads water on Tuesday as the Japanese Yen (JPY) struggles to find its footing, facing headwinds from a firmer US Dollar (USD) and elevated Oil prices. At the time of writing, the pair trades around 159.24 after hitting an intraday low of 158.92.
US ADP Employment Change 4-week average drops to 8.25K
Private-sector hiring in the US has further cooled in late July. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 8.25K jobs per week in the four weeks ending July 25.
Australian Dollar: RBA softens hawkish stance ā BBH
Brown Brothers Harrimanās (BBH) Elias Haddad reports the Reserve Bank of Australia (RBA) delivered a less hawkish hold, keeping rates at 4.35% and judging policy āsomewhat restrictiveā as the labor market has eased more than expected.
United States ADP Employment Change 4-week average fell from previous 15K to 8.25K in July 18
United States ADP Employment Change 4-week average fell from previous 15K to 8.25K in July 18
Silver retreats toward $65.00 as Oil rebound revives inflation concerns
Silver (XAG/USD) extends its correction on Tuesday and trades around $65.05 at the time of writing, down 2.31% on the day.