Today’s Analysis

The Japanese yen extended its rally for a third straight session on Thursday, with the USD/JPY pair easing to 150.72 as traders unwound bearish bets amid growing uncertainty surrounding Japan’s political landscape. The Liberal Democratic Party’s (LDP) recent split with …

The US dollar weakened to its lowest level in nearly a week on Wednesday, sliding to around 98.77 against a basket of major currencies. The decline followed dovish remarks from Federal Reserve Chair Jerome Powell and renewed tensions between Washington …

Gold traded close to $3,860 per ounce on Thursday, holding just shy of record territory as investors assessed weaker US employment data alongside the fallout from Washington’s political stalemate. Congress blew past a midnight funding deadline, triggering the US government’s …

The New Zealand dollar lingered around $0.579 on Wednesday, holding steady after modest gains, as the greenback softened on concerns that a potential US government shutdown could be imminent. The prospect of Washington grinding to a halt is stoking nerves …

Oil markets extended their cautious climb on Wednesday, with West Texas Intermediate (WTI) advancing 0.3% to $63.62 a barrel and Brent crude also up 0.3% at $67.82. It marked the second consecutive session of gains. The move higher was driven …

The Australian dollar slipped on Thursday, trading just under 0.665 after a softer-than-expected employment report raised doubts about the labour market’s durability. Australian unemployment held steady last month even as the economy shed jobs with fewer people looking for work, …

The Australian dollar has found renewed support, helped by a rally across key commodities. Gold continues to hover close to record territory, underpinned by safe-haven flows amid global uncertainty and rising expectations that the Federal Reserve will soon cut rates. …

Oil prices slipped again in early Thursday trading, with concerns over potential extra supply weighing on sentiment. West Texas Intermediate fell 1.0% to $63.32 a barrel, while Brent crude shed 0.9% to $66.96, erasing the prior day’s advance. The weakness …

The cryptocurrency market kicked off on a strong footing as a wave of inflows into spot Ether ETFs coincided with an improved appetite for risk. Daily net inflows reached $1.01 billion, while Ethereum’s total value locked has surpassed the $90 …

Japanese stocks closed on a mixed note on Wednesday, as investors took a cautious stance ahead of the Bank of Japan’s (BOJ) upcoming policy announcement. The Nikkei 225 edged marginally lower, slipping 0.05% to finish at 40,625.15. Meanwhile, the broader …