USD/CAD expected to weakned into year end
UBS analysts highlighted the possibility of the Bank of Canada (BoC) implementing a rate cut before the U.S. Federal Reserve, amid economic slowdown concerns. The Canadian dollar...
UBS analysts highlighted the possibility of the Bank of Canada (BoC) implementing a rate cut before the U.S. Federal Reserve, amid economic slowdown concerns. The Canadian dollar...
- The U.S. dollar rose slightly in early European trade Friday, rebounding after the previous session’s losses ahead of the key inflation data, which could drive...
-- Most Asian currencies drifted lower on Friday, with the Chinese yuan moving back towards six-month lows after disappointing business activity readings, while the...
JPMorgan highlighted a shift in currency market dynamics, noting a depreciation of the dollar in May after a period of significant long positions at the end of April. The bank's...
Goldman Sachs highlighted the Indian Rupee (INR) as a standout in the emerging market foreign exchange (EM FX) complex, due to its high carry-to-volatility ratio. The firm pointed...
On Wednesday, the U.S. dollar index (DXY) experienced an upturn, surpassing the 105 mark. This movement has prompted discussions among market observers about...
- The U.S. dollar steadied in early European trade Thursday near two-week highs, supported by rising yields and rising conviction the Federal Reserve will not cut...
-- Most Asian currencies weakened on Thursday, while the dollar crested over two-week peaks amid caution ahead of more key cues on U.S. inflation and interest rates in...
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this...
UBS released a report analyzing the impact of the Swiss National Bank's (SNB) unexpected March rate cut on currency markets. The SNB's early action, ahead of other major central...