Sign Up Log in
EN

Back

Forex

15 July 2024
US Dollar retreats on cooling inflation data, Euro and Pound surge 

US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.

12 July 2024
Mexican peso strengthens as Banxico maintains cautious stance in rising inflation 

The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.

12 July 2024
USDSGD rises as US political uncertainty and election speculations heat up 

USDSGD edges higher as speculation about Donald Trump’s potential election victory boosts the US dollar. Learn how political developments are impacting the market.

12 July 2024
Aussie hits six-month high, kiwi drops on U.S. rate cut speculation

Key points: The Australian dollar surged to a six-month peak while the New Zealand dollar dropped amid changing rate cut expectations. Market volatility driven by U.S. inflation data impacted the Australian and New Zealand dollars differently. The Australian dollar held …

11 July 2024
Aussie strengthens against the Kiwi and Yen amidst diverging rate outlooks

The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.

10 July 2024
Chinese yuan hits eight-month low with missed inflation data and US dollar rebound 

CNH slid to an eight-month low against the US dollar due to weak inflation data and a rebound of the greenback. Read about the market implications and outlook.

10 July 2024
Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank

Key points: Federal Reserve Chair Jerome Powell’s cautious tone influences the dollar’s rebound. New Zealand dollar weakens as central bank expresses confidence in inflation control, hinting at policy easing. Dollar firms on Powell’s caution See: Dollar index trading at 104.768 …

9 July 2024
Rupee will rely on Powell’s testimony to end deadlock

Key points The rupee’s non-deliverable forwards indicate an opening range of 83.48-83.50 per U.S. dollar. Investors anticipate Powell’s comments for clues on potential rate cuts. The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await …

9 July 2024
US dollar declines as job growth slows 

The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.

8 July 2024
Aussie approaches six-month high despite diverging rate expectations

The Australian dollar (AUD) is nearing a six-month high due to yield differentials and prospects of a Federal Reserve rate cut. The New Zealand dollar (NZD) faces an important central bank policy meeting.

Back To Top
Chatbots
Click Click Click Click Click
Follow us on