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Chile BCCH Interest Rate meets expectations (4.5%)
Chile BCCH Interest Rate meets expectations (4.5%)
Singapore Dollar: MAS tightening keeps pair under pressure – Commerzbank
Commerzbank analysts highlight that the Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second straight meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) slope while leaving the band’s centre and width unchanged.
NZD/USD holds ahead of the Fed's decision
NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD).
Brazilian Real: BRL seen weaker into year-end – Rabobank
Rabobank’s strategists Mauricio Une and Renan Alves note that tensions between the United States (US) and Iran have eased slightly with a pause in hostilities, but the outlook for global energy and markets remains highly uncertain.
United States API Weekly Crude Oil Stock above expectations (-1.5M) in July 24: Actual (3.296M)
United States API Weekly Crude Oil Stock above expectations (-1.5M) in July 24: Actual (3.296M)
United States: Supercore and measurement debates shape Fed path – BNY
BNY strategists John Velis and David Tam see elevated US supercore inflation as a key argument for further tightening but still favor a July hold.
Forex Today: US Dollar eases ahead of Fed as Oil and Gold extend losses
The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement.
Mexican Peso advances within range against the US Dollar
USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as investors await the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Silver: Forecast cut but deficit supports upside – Commerzbank
Commerzbank’s Norman Liebke reports that Silver has fallen from USD 70 to USD 57.50 per troy ounce and that the bank has lowered its forecasts, now seeing USD 67 by year-end and USD 80 by end‑2027.
Japanese Yen holds as markets await Tokyo inflation data
USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confidence data limited the US Dollar’s advance, although the pair maintained its upward bias.
Swiss Franc steadies against US Dollar as Fed decision looms
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
United States 7-Year Note Auction up to 4.473% from previous 4.26%
United States 7-Year Note Auction up to 4.473% from previous 4.26%
The chip rout is funding the Dow Jones Industrial Average's record chase
The Dow Jones Industrial Average (DJIA) trades just short of 52,900 on Tuesday, higher by close to 700 points and 1.3%, roughly 450 points beneath the record it set in the first week of July. Taken alone, that reads as a broad risk rally.