Category: Forex
Mexican Peso refreshes multi-month highs, Banxico minut...
USD/MXN refreshed 24-month lows below 17.00 on Friday, but it has recovered some ground, with buyers stepping in and reclaiming th...
Strategy, Metaplanet face possible removal from MSCI in...
MSCI has proposed excluding Bitcoin (BTC) treasury firms Strategy and Metaplanet from its Global Investable Market Indexes (GIMI) ...
Chinese Yuan: Steady appreciation backed by PBoC stance...
Societe Generale analysts highlight CNY’s firm trend, with the currency advancing to 6.7424, its strongest level since February 20...
South Korean Won: Foreign inflows and exporters support...
Commerzbank notes that the Kospi has rebounded 29.5% from its 30 July low, supported by strong tech earnings and improved sentimen...
Silver rose 11% as inflation cooled
The number that has weighed most on silver this year was set at a US government bond auction in late July, the first since 2008 to...
Recession or depression? The ultimate keynesian reckoni...
The United States government now carries nearly $40 trillion in gross national debt—the largest sum any government in the history ...
Singapore Dollar: Range holds as upside risk watched ag...
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD stayed largely unchanged around 1.2805 on Tuesday, with m...
USD/CHF Price Forecast: Bearish flag keeps 0.8145 in fo...
The USD/CHF pair trades near the top trendline of a bearish flag pattern on Thursday, holding steady at around 0.8134 after the re...
Japanese Yen little changed amid cooling US inflation
USD/JPY is trading sideways on Thursday, hovering in the mid-159.00s and holding within its recent range. It is more of the same f...
Gold slips as US Dollar recovers despite softer US fact...
Gold (XAU/USD) price declines on Thursday as the US Dollar (USD) trims some of its earlier losses, as economic data in the US show...
Silver Price Forecast: Momentum cools as XAG/USD consol...
Silver trades modestly lower on Thursday, holding within Monday’s trading range as buyers take a breather following the strong ral...
United Kingdom: Growth resilient as BoE stays on hold –...
Standard Chartered’s Christopher Graham notes that UK growth remained resilient in Q2, with GDP rising 0.4% q/q, driven by private...