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Forex
May 22, 2024
UBS maintains key G10 currency views, sees USD strength
UBS released a report on the current foreign exchange environment, maintaining its key G10 currency views and predicting continued strength for the U.S. dollar. The firm...
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May 22, 2024
Dollar steady ahead of Fed minutes, sterling gains on CPI release
- The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less...
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May 22, 2024
Asia FX subdued as Fed minutes approach; NZD surges on hawkish RBNZ
-- Most Asian currencies kept to a tight range on Wednesday as the dollar steadied in anticipation of more cues on U.S. interest rates from the minutes of the Federal...
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May 21, 2024
BofA turns bullish on EUR/CAD amid rate and commodity signals
Bank of America (BofA) shifted its stance to a bullish view on the Euro versus the Canadian dollar (EURCAD) for the current week. The bank's positioning analysis indicates an...
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May 21, 2024
EUR/USD rally expected to persist, says BofA
Bank of America (BofA) analysts provided insights into currency market trends, noting a significant rally in the EURUSD pair last week. The surge was attributed to a subdued US...
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May 21, 2024
BofA notes broad USD sell-off on positive US data
Bank of America reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came...
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May 21, 2024
Positioning points to further S&P 500 upside - Citi
- U.S. stock indices are close to all-time highs, and Citigroup sees the potential for further upside as investor positioning has turned increasingly bullish, while...
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May 21, 2024
Dollar steady; Fed speakers could provide impetus
- The U.S. dollar traded in a tight range Tuesday, steadying as traders looked for new clues over the expected timing and extent of Federal Reserve rate cuts this...
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May 21, 2024
Canadian dollar under pressure amid rate cut expectations
Inavesting.com -- The Canadian dollar has underperformed compared to other pro-cyclical currencies since the beginning of May, influenced by its connection with US economic data...
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May 21, 2024
Swedish Krona holds strong; Euro rangebound
On Monday, the Swedish krona showcased strength against the euro, maintaining stability as Riksbank Governor Erik Thedeen dismissed the possibility of a rate cut...
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