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Forex
Jun 28, 2024
Dollar strengthens ahead of PCE data; euro weighed by political uncertainty
- The U.S. dollar edged higher in early European trade Friday, on course for its second straight quarterly gain, the euro slipped and the Japanese yen remained on...
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Jun 28, 2024
Asia FX muted as dollar firms before PCE data; yen on intervention watch
-- Most Asian currencies kept to a tight range on Friday as the dollar stuck to near two-month highs before key inflation data that is likely to factor into the...
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Jun 27, 2024
EUR/USD may face parity risk amid bumpy political backdrop ahead
The euro has struggled recently as political uncertainty in Europe has beckoned once again, but events across the pond in the U.S. may hold even more sway,...
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Jun 27, 2024
India's INR Under RBI's Watchful Eye: A Balancing Act
The Indian Rupee (INR) has been under the vigilant watch of the Reserve Bank of India (RBI), which has been focused on maintaining stability and curbing volatility. This strategy,...
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Jun 27, 2024
US dollar rally unlikely to be sustained going forward - UBS
- The U.S. dollar has been in demand of late, climbing close to its highest level of the year. However, this rally is unlikely to be sustained in the coming months,...
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Jun 27, 2024
Dollar consolidates ahead of key inflation release; yen nears intervention
- The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s gains, while the Japanese yen fell into intervention...
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Jun 27, 2024
Asia FX muted as dollar nears 2-mth high; yen crosses intervention levels
-- Most Asian currencies moved little on Thursday as traders remained largely biased towards the dollar in anticipation of more key U.S. economic cues. Focus was also...
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Jun 26, 2024
Japanese yen weakens, USDJPY hits 38-year high despite intervention fears
-- The Japanese yen weakened further on Thursday, with the USDJPY pair rising to its highest points in 38 years while blowing past levels which traders believed would...
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Jun 26, 2024
3 scenarios for the EUR/USD in response to French legislative elections - Citi
- The EUR/USD has dropped significantly in recent weeks, particularly affected by the shock of the dissolution of the National Assembly in France and the resulting...
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Jun 26, 2024
Dollar rises on hawkish Fed talk; key inflation data looms
- The U.S. dollar rose Wednesday, boosted by hawkish comments from Fed officials, while slipping consumer confidence weighed on the euro. At 03:35 ET (08:35 GMT), the...
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