New Zealand Dollar: August Rate Cut Odds Increase
July 26, 2024
The New Zealand Dollar can stay under pressure if the odds for an August interest rate cut at the Reserve Bank of New Zealand (RBNZ) continue to rise.
Pound to Euro Rate Suffers Biggest One-day Set Back Since April, Here's Why
July 26, 2024
Pound Sterling endured its biggest one-day drop since April as investors ramped up bets that the Bank of England would cut interest rates next week.
Strong U.S. GDP Won't Derail September Rate Cut
July 25, 2024
A strong GDP reading for the second quarter won't derail a September interest rate cut say analysts.
Bank of England to Tee Up a September Rate Cut Next Week
July 25, 2024
The Bank of England will find next week too soon to cut interest rates says an independent economic research house, although there is no shortage of economists who think the Bank will pull the lever next week.
Japanese Yen Recovery Has Further to Run: ING
July 25, 2024
The Japanese Yen is at the core of current global FX action, and after days of significant appreciation, the question of how much further it can run is being asked.
Pound to Dollar Forecasts Lifted at Investec
July 25, 2024
Foreign exchange analysts at Investec, the commercial and investment bank, have raised their forecast targets for the Pound to Dollar exchange rate.
Australian Dollar's Losses Snowball, Bounce Overdue
July 25, 2024
The sell-off in the Australian Dollar snowballed following yet another surprise interest rate cut at the People's Bank of China (PBoC) and a continuation of the 'carry trade' unwind centred on the Yen.
Pound Falls Against Euro and Dollar on Stock Market Rout
July 25, 2024
Pound Sterling has retreated against the Euro and Dollar but extended gains against the Australian and New Zealand Dollars amidst deteriorating investor sentiment.
Canadian Dollar: GBP/CAD Scales Fresh Highs on Bank of Canada Rate Cut
July 24, 2024
The Canadian Dollar has fallen across the board after the Bank of Canada cut interest rates for the second time in as many months.
New Zealand Dollar a Victim of Carry Unwind
July 24, 2024
There is another, potentially even more potent force at play: the unwind of the carry trade as the Japanese Yen recovers from multi-decade lows.
Dollar Stays Bid: XM.com
July 24, 2024
The dollar traded higher against all but one of its major peers on Tuesday and continued to do so today. The exception was the Japanese yen.
Pound to Euro Higher After PMIs Show UK/Eurozone Economic Divergence
July 24, 2024
Pound Sterling holds an uptrend against the Euro as the UK economy looks to be outperforming that of the Eurozone this July.
"Ethereum ETFs Coming in Hot" - Swiss Private Bank
July 24, 2024
"Ethereum ETFs coming in hot," headlines a new note from Swiss investment and private bank Julius Baer.
Optimism in Pound Sterling Hits Record Levels
July 24, 2024
According to the latest data showing how global investors view the currency, investor optimism in the British Pound has reached record levels.