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United States CFTC S&P 500 NC Net Positions: $-38.9K vs $-42.9K
United States CFTC S&P 500 NC Net Positions: $-38.9K vs $-42.9K
Singapore Dollar: Range trade holds near recent lows against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/SGD has stabilised after an earlier sell-off, with spot around 1.2905 and intraday price action expected to stay confined between nearby support and resistance.
Forecasting the coming week: ECB decision, UK inflation, and global PMIs to drive markets
The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) inflation and labor market figures, and preliminary global Purchasing Managers Index (PMI) data.
Gold climbs as Iran war premium revives Fed hike risk
Gold edges higher by some 0.92% on Friday as the US-Iran conflict boosted energy prices, which ultimately drive inflation higher, increasing expectations that the Federal Reserve (Fed) might need to raise interest rates.
Dow Jones Industrial Average fades its own good news as the hawks take the last word
The Dow Jones Industrial Average (DJIA) trades near 52,250 on Friday, down nearly 300 points late in the month's strangest session.
USD/CHF Price Forecast: Bulls pause below 0.8150 as momentum fades
USD/CHF trades with a downside bias on Friday as the Swiss Franc (CHF) outperforms its major peers, while the US Dollar (USD) is little changed. At the time of writing, the pair trades around 0.8074 after reaching 0.8149 earlier this week, its highest level since August 2025.
United States Baker Hughes US Oil Rig Count above forecasts (446): Actual (452)
United States Baker Hughes US Oil Rig Count above forecasts (446): Actual (452)
US Dollar Index holds as mixed US data limits upside
The US Dollar Index (DXY) trades nearly unchanged around 100.70 on Friday after surrendering part of its initial advance.
Euro steadies as markets weigh ECB and Fed interest rate expectations
EUR/USD trades flat on Friday as traders reassess the inflationary impact of surging Oil prices amid escalating tensions in the Middle East, which have disrupted energy supplies through the Strait of Hormuz.
British Pound slips for second straight day as Oil spike revives inflation fears
The Pound Sterling retreats during the North American session, down 0.22% against the Greenback, as geopolitical tensions remained high, triggering a jump in Oil prices and heightening fears of a reacceleration of inflation. The GBP/USD trades at 1.3449 after peaking near 1.3480.
WTI Oil rallies above $81 as Middle East tensions threaten global Oil supplies
West Texas Intermediate (WTI) trades around $81.10 at the time of writing on Friday, up 2.76% on the day, and is heading for a weekly gain of more than 13% as geopolitical tensions in the Middle East continue to escalate.
Australian Dollar recovers as mixed US data weakens the US Dollar
AUD/USD trades higher near 0.6980 on Friday, recovering from an initial decline as the US Dollar (USD) loses ground following a mixed batch of United States (US) economic data.
British Pound: Burnham policy hopes underpin Sterling against US Dollar – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret notes GBP/USD is lower on the day and well off its one-year high reached on optimism that incoming PM Burnham will pursue market-friendly policies. Despite late-week slippage, that view remains.