British Pound Slides as US Yields Surge and UK Jobs Market Shows Cracks
The British pound extended its decline against the US dollar on Wednesday, pressured by a sharp spike in US Treasury yields and fresh
Forex News
Forex News
Oil Market on Edge: Supply Risks and the Russian Waiver Question – ING
Analysts at ING have issued a fresh assessment of the global oil market, pointing to persistent supply risks and the looming question of
Forex News
Canadian Dollar Faces Persistent Downside Risks Against US Dollar: Scotiabank
The Canadian dollar continues to face significant headwinds against its US counterpart, with analysts at Scotiabank warning that downside risks remain persistent. The
Forex News
Oil Market Under Pressure: Rabobank Warns of OPEC+ Fragmentation as UAE Exit and NOPEC Threat Loom
A new analysis from Rabobank has raised fresh concerns about the stability of the OPEC+ alliance, warning that the potential exit of the
Forex News
Aluminium Inventories Signal Weak Demand, Commerzbank Warns
Rising aluminium inventories are pointing to persistently weak demand in the global market, according to a recent analysis from Commerzbank. The bank’s commodities
Forex News
Canadian Dollar Slips as Inflation Misses Forecast; US Dollar Holds Safe-Haven Appeal
The Canadian dollar weakened against its US counterpart on Wednesday after domestic inflation data came in below market expectations, while the greenback continued
Forex News
Japanese Yen: Intervention Risk Caps Further Losses, BBH Analysts Say
The Japanese yen’s depreciation against the US dollar may be approaching a floor, as the risk of official intervention by Tokyo authorities continues
Forex News
Japanese Yen Edges Higher After Bessent Warns Against Excessive FX Volatility
The Japanese yen briefly strengthened against the US dollar on Wednesday after US Treasury Secretary Scott Bessent issued a warning against excessive foreign
Forex News
Russian Rouble Hits Strongest Level Against Yuan Since February 2023
The Russian rouble has strengthened to its highest level against the Chinese yuan since February 2023, marking a significant shift in the currency
Forex News
New Zealand Dollar Weakens as US Dollar Holds Firm on Iran Deal Optimism and Steady Fed Outlook
The New Zealand Dollar edged lower against the US Dollar during Tuesday’s trading session, as the greenback maintained its footing on renewed hopes
