USD/JPY
Swiss Market Index holds gains as UBS leads SMI; 8 of 20 SMI stocks advance
The Swiss SMI closed slightly above 14,000 points after UBS led gains, while regulatory uncertainty over its capital requirements weighed on the index.
Eurozone yields near decade highs amid Brent crude surge and ECB-Fed watch
U.S. Treasury yields hover just below 5% as Brent crude climbs 3% ahead of ECB and Fed rate decisions.
European stocks retreat on AI safety concerns, Fed rate bets dampen gains
European indices decline as AI sector stocks falter amid regulatory uncertainty, while oil prices rise on geopolitical tensions and Fed rate hike expectations weigh on risk appetite.
SMI opens higher with Galderma, Sandoz debuts amid KI chip demand
Swiss equity markets expected to start the week on a positive note, with the SMI index poised for gains as pharmaceutical firms Galderma and Sandoz make their debut. Meanwhile, oil prices retreated despite escalating tensions in the Middle East.
Swiss SMI up 0.2% pre-market as 18 of 20 components rise
Alcon shares decline sharply amid pre-market trading; Brent crude stays above $100 amid geopolitical tensions
Swiss SMI set lower; 19 of 20 SMI stocks down, DocMorris and Barry Callebaut in focus
Swiss equities are seen lower before the open, with 19 of 20 SMI shares down; DocMorris falls on a new convertible bond while Barry Callebaut steadies on a calmer cocoa outlook.
EUR/USD slips as dollar strengthens ahead of Eurozone inflation
Euro falls below 1.16 amid weak German retail data and rising oil prices, while USD/JPY approaches 160 as Japanese yields hit three-decade highs. Technical levels and U.S. payrolls data loom large.
Dollar strengthens on Fed hawkishness; euro, yen and Aussie under pressure
The U.S. dollar extended gains after hawkish remarks by Fed Chair Warsh, pressuring the euro, yen and Australian dollar. European inflation data and oil price gains added to market focus.
German stocks little changed as oil slide offsets SAP losses
DAX holds near record levels ahead of U.S. inflation data and Nvidia earnings; SAP drops on UBS downgrade as oil rout eases inflation concerns.
USD faces persistent pressure as technical setups shape weekly forex trade
Analysts highlight key support levels and potential downside risks for the U.S. dollar amid mixed global macro signals. Trade setups suggest continued weakness unless critical levels hold.
USD/JPY stuck in 158-159.78 range as US curve tensions persist
Yield differentials with Japan and Treasury’s efforts to cap long-end borrowing costs keep the dollar-yen pair range-bound. Fed’s Warsh faces a policy dilemma ahead of Jackson Hole.
BCA Research advises selling U.S. dollar against won, yen, euro
BCA Research recommends shorting the greenback versus the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar and euro, citing falling U.S. real yields and weaker foreign portfolio inflows.
U.S. accused of interest-rate manipulation after doubling bond buybacks
Criticism of the Swiss National Bank’s currency interventions highlights parallels with Washington’s bond-market interventions, which similarly distort market pricing. Analysis of policy overlap and unintended consequences.
US stocks rise as Moderna surges 150% on cancer vaccine data
Moderna’s mRNA cancer vaccine trial results drive a 150% jump in its shares, lifting the S&P 500 and Swiss pharma stocks. US net interest payments hit a record 3.3% of GDP.
US stocks rise as Moderna surges; US net interest costs hit record high
Moderna’s 118% rally lifts biotech and Swiss pharma; Dow, S&P 500 and Nasdaq 100 advance. US net interest payments climb to 3.3% of GDP, highest on record.
USD/JPY consolidates near 159.50 after July intervention gains fade
The yen has retraced roughly half of its late-July rally as rate differentials and fiscal risks weigh. Technical levels suggest a near-term pullback toward 159.00, with a break opening room to 158.54.
Global bond yields hit multi-decade highs on debt, inflation pressures
Long-term government bond yields in the U.S., Germany, France, Canada and Japan have surged to levels not seen since the 2000s, driven by rising debt loads and competing corporate borrowing.
BofA flags continued U.S. dollar weakness, NZD gains
Analysts at Bank of America Global Research project further depreciation in the greenback, with the New Zealand dollar poised to benefit.
U.S. dollar weakens amid mixed economic signals
Dollar index declines as traders reassess Fed policy outlook after mixed U.S. data. Focus shifts to upcoming inflation and jobs reports for direction.
USD/JPY tests Japan’s suspected FX intervention line as carry demand rises
Japanese yen’s decline against the dollar approaches levels that previously prompted suspected currency intervention, while rising global interest rates fuel demand for higher-yielding assets.
Four major FX pairs align, inflation data eyed
Rare simultaneous strength in EUR/USD, GBP/USD, USD/JPY and USD/CHF shifts focus to upcoming inflation releases for policy cues.
Why Bearish Sentiment Persists Around the Japanese Yen
Market participants continue to maintain a bearish outlook on the Japanese yen amid ongoing economic and monetary policy factors.