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Indonesian Rupiah to extend recovery if BI stays firm – OCBC

OCBC’s Christopher Wong says recent surprise hikes and FX measures from Bank Indonesia have restored some confidence in the Rupiah.

Europe markets edge higher as oil prices retreat on Iran deal optimism

GBP/USD Price Forecast: Treading water around 1.3400 with central banks in focus

The British Pound (GBP) is trading practically flat against the US Dollar (USD) on Tuesday.

Australian Dollar: Hawkish RBA fails to impress markets – ING

ING’s Francesco Pesole notes that the Reserve Bank of Australia delivered a hawkish hold, stressing that inflation remains too high and further rate hikes are possible.

Dow Futures Edge Higher as Iran Peace Rally Takes a Breather

Stocks looked set to struggle for direction on Tuesday as investors took the opportunity to lock in some profit after the U.S.-Iran peace deal sparked a stellar tech rally. S&P 500 futures traded fla ...

Coyote Copper Mines upsizes non-brokered private placement to $8.5M

Indonesian Rupiah rises as US Dollar trims recent gains despite risk-off mood

USD/IDR extends its losses for the second successive day, trading around 17,720 during the European hours on Tuesday. The pair loses ground as the US Dollar (USD) pares its daily gains despite prevail ...

What is dragging the British Pound toward 1.3100 as political noise and stagflationary pressures mount?

The British Pound (GBP) is facing compounding pressures ahead of the Bank of England (BoE) interest-rate decision on Thursday. Financial markets have pushed back expectations for rate hikes to later i ...

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal

ConocoPhillips is set to sign a deal with Syria’s state gas company this week for the development of local fields, the Financial Times reported, citing unnamed sources as saying the deal could be sign ...

Australian Dollar edges up above 0.7050 amid hawkish comments by RBA's Bullock

The Australian Dollar (AUD) remains on its back foot against the US Dollar (USD) on Tuesday, although the pair has bounced up above 0.7050 after hitting session lows near 0.7040 following a monetary t ...

EUR/JPY Price Forecast: Pulls back toward 185.50 near nine-day EMA

EUR/JPY depreciates after two days of gains, trading around 185.60 during the early European hours on Tuesday. The currency cross holds a mild bullish bias as it trades above the nine-day and 50-day E ...

Federal Reserve policy: Slight hawkish shift preview – BNY

BNY strategists John Velis and David Tam preview the upcoming FOMC meeting under new Chair Kevin Warsh, expecting slightly hawkish changes to the statement and dot plot.