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New Zealand Dollar steadies after two-month low slide
NZD/USD is clinging to the 0.5800 mark at the start of the Asian session on Friday after dipping to a near two-month low around 0.5797 earlier in the American session.
WTI blasts past $100 as Red Sea, Hormuz risks collide
West Texas Intermediate (WTI), the US crude Oil benchmark, rises more than 7% as attacks in the Middle East intensify, driving WTI above the $ 100-per-barrel barrier for the first time since May 2026. At the time of writing, WTI trades at $103.86 after bouncing off lows of $95.37.
Forex Today: US Dollar rebounds on hot PPI ahead of US CPI
The US Dollar Index (DXY) reclaimed the 99.00 barrier and then some, rebounding firmly as the hot Producer Price Index (PPI) rose 5.4% over the year to August, hardening expectations for a Fed rate hike at next week's meeting.
Silver Price Forecast: Head-and-shoulders break puts $60 back in play
Silver (XAG/USD) price erases Wednesday's gains and forms a bearish head-and-shoulders chart pattern on Thursday after the white metal tanks and breaks a support trendline around $64.00-$64.15, exacerbating the decline below $63.50. At the time of writing, XAG/USD trades at $63.72, down over 5.30%.
Chinese Yuan: Uptrend eyes breakout 6.7000 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann keep a negative stance on USD/CNH around 6.7060, though recent price action has been confined to 6.7033–6.7074. They see current moves as range trading between 6.7030 and 6.7100 intraday.
Argentina Consumer Price Index (MoM) declined to 1.7% in August from previous 2.1%
Argentina Consumer Price Index (MoM) declined to 1.7% in August from previous 2.1%
NZD/USD Price Forecast: Kiwi breaks below 0.5800 as bears take control
The New Zealand Dollar (NZD) fails to clear a confluence of key Simple Moving Averages (SMAs) and dives below 0.5800 on Thursday, printing a near two-month low of 0.5797. At the time of writing, NZD/USD is down 0.65% and poised to test lower levels if it closes below 0.5800.
Malaysia Ringgit: BNM hawkish tilt limits downside – Commerzbank
Commerzbank notes USD/MYR has risen to 4.07, marking a fourth consecutive session of Ringgit weakness, weighed by foreign portfolio outflows from Malaysian equities.
WTI Oil nears $100 as Middle East tensions keep supply concerns elevated
West Texas Intermediate (WTI) Oil rallies nearly 5% on Thursday, climbing to its highest level since May 21 as escalating tensions in the Middle East raise fears of further disruption to already tight supplies. At the time of writing, WTI trades around $99 and is up about 10.50% so far this week.
ECB sources say further tightening remains likely – Reuters
According to Reuters sources, the European Central Bank (ECB) is expected to further tighten monetary policy in the months ahead and could raise rates in October.
United States 30-Year Bond Auction rose from previous 5.216%Â to 5.308%
United States 30-Year Bond Auction rose from previous 5.216%Â to 5.308%
Gold bulls blink as hot US PPI, $100 Oil send yields flying
Gold price retraces by about 0.90% on Thursday as traders price in a hawkish Federal Reserve (Fed) following the release of the US Producer Price Index (PPI) for August.
Euro steadies against the Yen after ECB lifts rates
EUR/JPY rises above the 179.00 mark on Thursday in the aftermath of the European Central Bank (ECB) raising its deposit rate by a quarter point to 2.50%, its second hike since the US-Iran war broke out.