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Japanese yen slides past key 155 level after BOJ holds rates steady

-- The Japanese yen weakened beyond the significant 155 mark against the U.S. dollar on Thursday after the country's central bank kept interest rates unchanged. The...

UBS projects USD/CNY to hit 7.5 by end of 1H25 amid trade tensions

UBS today provided a forecast for the USD/CNY exchange rate, projecting it to reach 7.5 by the first half of 2025. This prediction comes amid ongoing trade tensions between the...

Asia FX muted, dollar steady as Fed rate decision looms

-- Most Asian currencies moved in a tight range on Wednesday, while the dollar remained near three week highs as traders hunkered down in anticipation of more cues on...

Dollar outperformance to continue, but run will cool as policy uncertainty fades

-- The dollar will likely continue to outmuscle its G10 rivals in the months ahead, supported by economic strength, before turning lower in the back half of 2025 as...

Macquarie sees Canada's political unrest as opportunity to go long CAD

Macquarie highlighted the political unrest in Canada as a potential opportunity for investors, particularly in the currency markets. Following the resignation of Chrystia Freeland...

BofA maintains bullish GBP/CHF outlook for 2025

Bank of America (BofA) reiterated its positive outlook for the British Pound against the Swiss Franc (GBP/CHF), projecting a rise towards 1.20 by mid-2025. The firm's forecast...

Dollar retains strength ahead of Fed meeting; sterling sees support

- The US dollar rose Tuesday ahead of the last Federal Reserve policy meeting of the year, while stronger-than-expected earnings saw sterling keep pace. At 05:40 ET...

South African rand weakens ahead of Fed decision

JOHANNESBURG (Reuters) - South Africa's rand slipped against a stronger dollar on Tuesday, as investors turn their attention to the Federal Reserve's interest rate decision. At...

Asia FX slips ahead of Fed rate decision, dollar remains near 3-week high

-- Asian currencies were largely subdued on Tuesday as markets were cautious ahead of interest rate decisions from major central banks, including the U.S. Federal...

Exclusive-Syria retains 26 tons of gold reserves after Assad's fall - sources

By Timour Azhari DAMASCUS (Reuters) - The vault of Syria's central bank holds nearly 26 tons of gold, the same amount it had at the start of its bloody civil war in 2011, even...

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