Range floor at risk as ZAR richens – Societe Generale

Societe Generale analysts flag that USD/ZAR remains in a sideways consolidation but warn that failure to clear the 50‑day moving average could extend the decline toward lower projections. They add that South African fiscal consolidation supports SAGBs, yet stretched ZAR valuations, reduced SARB carry and a bearish 3‑month risk reversal point to mean‑reversion risks for […]

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MNB opens cautious rate‑cut cycle – Commerzbank

Commerzbank’s Tatha Ghose reports that Hungary’s MNB has started an easing cycle with a 25 bp cut to 6.25%, justified by improved inflation dynamics and stable markets. He expects another 25 bp cut next month, arguing that disinflation allows easing without necessarily compressing real rates or undermining the Forint, though elections may add volatility. Disinflation […]

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Dow Jones edges higher ahead of pivotal Nvidia earnings

The Dow Jones Industrial Average (DJIA) rose around 200 points, or 0.4%, taking a fresh run at the 49,400 region on Wednesday as equity markets traded cautiously bullish ahead of Nvidia’s highly anticipated fiscal fourth-quarter earnings report after the bell. The S&P 500 gained 0.54% to around 6,927, while the Nasdaq Composite added roughly 1%, […]

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GBP/USD climbs as US Dollar stalls amid trade uncertainty

The Pound Sterling (GBP) advances during the North American session on Wednesday as the Greenback remains unchanged amid uncertainty over US trade policies, with investors awaiting results of one of the seven megacap companies after the Wall Street close. At the time of writing, GBP/USD trades at 1.3523, up 0.29%. Sterling gains near 1.3520 as […]

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RSI recovers above 50, upside bias builds

Silver (XAG/USD) gains traction on Wednesday after coming under modest pressure on the previous day, as lingering geopolitical and economic risks keep dip buyers active. At the time of writing, XAG/USD trades near $90.25, up nearly 3.38%. However, a firmer US Dollar (USD) is capping further upside attempts. The white metal has surged nearly 24% […]

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