UOB economists Quek Ser Leang and Lee Sue Ann keep a cautious stance on GBP/USD after the pair briefly broke below 1.3490 to 1.3485 before rebounding. For the next day, they expect consolidation between 1.3500 and 1.3560 as downside momentum eases. Over 1–3 weeks, the bias stays negative, but odds…
Headlines
See All
The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials. Traders will take more cues from the US Retail Sales report for April, which is due later on Thursday. ECB policymaker Joachim Nagel said on Wednesday that the probability that the central bank will need to raise borrowing costs due to the Iran…
OCBC’s Christopher Wong notes USD/SGD has risen with broader USD/AXJ but the move has been…
Peacock is dipping its toe into micro dramas by teaming up with ReelShort, Business Insider…
Most Popular
Finance news
View More
Amazon cut more jobs this week, with reductions hitting its Selling Partner Services organization this time, a company spokesperson confirmed to Business Insider. Loading audio narration… The layoffs follow roughly 30,000 job cuts announced across waves in October and January. In March, the company also eliminated a small number of…
Business
View More
No matter what he’s doing, the second Shohei Ohtani steps on dirt from the dugout, all eyes are watching the face of Major League Baseball. And the foot that touched the dirt has a distinct “NB” written across the cleat. It’s New Balance, the footwear and apparel brand that has grown…
Markets
View More
Nicknamed the “flying Oval Office,” Air Force One has long functioned as the president’s flying command center, office, and private quarters.Since the mid-20th century, US presidents have flown on special planes designated “Air Force One” while carrying out their official duties.The modern Air Force One is equipped with everything the…
