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Forex
May 21, 2024
Dollar finds support amid paused equities rally and bond yield rise
The U.S. dollar has been supported since the start of the week as bond yields marginally increased and the momentum in equity markets slowed. Despite positive U.S....
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May 21, 2024
Asia FX creeps lower, yen fragile with more rate cues on tap
-- Most Asian currencies weakened on Tuesday, while the dollar firmed slightly as traders awaited more cues on U.S. interest rates from the Federal Reserve. Weakness...
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May 20, 2024
BofA sees potential for further USD selling by CTAs
On Monday, Bank of America (BofA) provided insights into the potential actions of Commodity Trading Advisors (CTAs) in the coming week. According to BofA, CTAs might continue to...
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May 20, 2024
BofA sees further dollar depreciation, expects G10 FX to stay in range
On Monday, Bank of America (BofA) analysts provided insights into the current state of G10 foreign exchange (FX) markets, noting a general sentiment of disappointment among...
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May 20, 2024
Narrow dollar range likely to remain for now - Goldman
- The U.S. dollar is trading in a calm fashion against the majors of late, and these narrow ranges will likely stay for a while longer, according to Goldman Sachs,...
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May 20, 2024
Dollar steadies ahead of FOMC minutes, a deluge of Fed speakers
- The U.S. dollar traded in a steady fashion Monday, at the start of a new week that is set to provide more clues over the future path of U.S. interest rates.  At...
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May 20, 2024
EUR: Eurozone PMIs anticipated to support growth outlook
On Monday, the upcoming release of the Purchasing Managers' Index (PMI) reports is expected to shed light on the current economic growth sentiment in the eurozone....
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May 20, 2024
Pound volatility expected ahead of UK inflation data
On Wednesday, the upcoming Consumer Price Index (CPI) data for April is anticipated to be a significant indicator for the British pound's trajectory. Market...
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May 20, 2024
USD/JPY poised for potential rise amid market conditions
Investng.com -- On Monday, market dynamics indicate a possible increase in the USD/JPY currency pair. Throughout May, the dollar has exhibited weakness, while risk sentiment has...
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May 20, 2024
Asia FX muted, dollar steady ahead of more Fed cues; yen stays fragile
-- Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders awaited more cues on interest rates from the Federal Reserve this week.  The...
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