Commodities

Why Morgan Stanley and MUFG back JPY?

Morgan Stanley and MUFG both see the Japanese yen as the strongest G10 currency in 2025. They expect it to gain value as U.S. interest rates fall and Japan’s central bank raises its own....

U.S. equities climb despite tariff talk | FX Research

The market is clearly becoming less nervous about headlines around tariffs....

Gold reacts to unserious peace talks

The United States and Russia recently held peace talks in Saudi Arabia without Ukraine’s participation. Russian officials did not mention offering any concessions and U.S. officials did not claim to have scored any in Tuesday's meeting....

Australian Dollar holds up after RBA rate cut | FX Research

Earlier today, the Reserve Bank of Australia cut rates by 25 basis points as widely expected....

Trump reshaping Canada’s election and Loonie

Six weeks ago, a Conservative victory in the next Canadian election seemed inevitable....

A diffusion in tension | FX Research

Trading conditions will be thinner today on account of the long weekend holiday in the US. But as we come into the new week, sentiment is rather upbeat....

AUD/NZD risk: What’s priced in?

Standard Chartered economists see upside risk for AUD/NZD at current levels, especially if the RBA delivers a hawkish hold at its February meeting....

Massive week for Aussie and Kiwi markets

The Reserve Bank of Australia’s first meeting of the year is days away with money markets pricing in an 86% chance of a 25bps cut and a 14% chance that rates unchanged....

Has most of the US Dollar upside been priced in? | FX Research

US CPI came in hot, and the market is pricing just one rate cut in 2025....
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