Major state-owned banks in China were active in the onshore foreign exchange market on Friday, buying dollars to moderate the…
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Dollar Strengthens Amid Cautious Market; Nvidia’s Earnings Drive Mixed Futures
by Barbaraby BarbaraThe US Dollar (USD) saw a notable uptick on Wednesday, bolstered by a cautious market sentiment and advancing against major…
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USD/CAD Dips as USD Struggles; Focus Shifts to US PCE Data and Canadian GDP Reports
by Barbaraby BarbaraIn Thursday’s Asian session, the USD/CAD currency pair fell to approximately 1.3460. The decline in the Loonie was driven by…
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Japanese investors are on track to make their largest purchase of foreign bonds in 17 years this month, driven by…
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On Monday morning, the Mexican Peso (MXN) experienced declines across its major trading pairs as traders resumed activity after the…
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Market expectations for the Federal Funds rate at the end of 2024 have fluctuated recently. Before the release of July’s…
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Gold’s Record Highs Sustained by Weakening Dollar Amid Fed Rate Cut Expectations
by Barbaraby BarbaraGold prices have surged to a new record high above $2,500 per ounce, bolstered by a significant decline in the…
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China’s Yuan Fixing Suggests PBOC Comfort with Current Currency Levels Amid Rebound
by Barbaraby BarbaraChina’s central bank has set its daily reference rate for the yuan nearly in line with market expectations for the…
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On Tuesday, August 20, major currency pairs have shown signs of stabilization in the European morning as investors await pivotal…
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As the week unfolds, major currency pairs such as GBP/USD, EUR/USD, and USD/JPY might experience significant shifts driven by the…
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