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Aug 29, 2024
USD/JPY Forecast – US Dollar Continues to Consolidate at Lows Against Japanese Currency
The US Dollar continues to see a lot of noisy behavior, as the market is going to be asking questions about the reality of central bank policy is going to be a scenario where the Bank of Japan cannot continue to be as tight as they are pretending.
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Aug 29, 2024
AUD/USD Forecast – Aussie Dollar Continues to See Buyers
The Aussie continues to rally against the US dollar, as it continues to see a lot of selling pressure. Ultimately, this is a market that is now pressing against a major barrier, and this is a market that will have a lot of work to do at this point in
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Aug 29, 2024
ING sees limited movement in dollar amid bearish consolidation
Financial experts from ING discussed the current state of the U.S. dollar, suggesting that it is undergoing a phase of bearish consolidation rather than a significant decline....
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Aug 29, 2024
Dollar edges higher ahead of key data; euro weakens on German inflation
- The U.S. dollar edged higher Thursday, bouncing off recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the...
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Aug 29, 2024
3 Market Movers to Watch Out For Next Week
As employees return from vacation and the summer season draws to a close, we can expect a gradual increase in trading activity.
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Aug 29, 2024
Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data
-- Most Asian currencies firmed on Thursday, albeit slightly, as a rebound in the dollar stalled ahead of key economic readings that are likely to factor into the...
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Aug 29, 2024
Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data
-- Most Asian currencies firmed on Thursday, albeit slightly, as a rebound in the dollar stalled ahead of key economic readings that are likely to factor into the outlook for interest rate cuts.
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Aug 28, 2024
Regional elections risks may impact EUR, warns Citi
Citi has highlighted the potential for increased political risks in Europe as German regional elections are set to commence on September 1. According to Citi European Economics,...
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Aug 28, 2024
FTSE 100 and Europe up, US stocks down as traders turn to Nvidia results
The $3.2tn chipmaker will set the tone for tech stocks, serving as a bellwether for AI spending and investment. It took a tumble in early trade.
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Aug 28, 2024
Citi sees limited upside for USD/JPY, expects rebound before dip
Citi has provided commentary on the USD/JPY currency pair, drawing parallels to historical currency movements and forecasting potential future trends. The financial services...
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