Emerging Markets: BNY Sees Persistent Idiosyncratic Bid in Equities
BNY has identified a persistent idiosyncratic bid in emerging market equities, according to a recent analysis, indicating that stock-specific factors are driving gains
Forex News
Forex News
USD/JPY Price Forecast: 160.00 Caps Bulls as Intervention Risk Lingers
The USD/JPY pair faces stiff resistance at the 160.00 level, with bulls repeatedly capped as Japanese authorities maintain a heightened threat of currency
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US Durable Goods Orders Ex-Defense Jump 1.3% in July, Signaling Resilient Business Investment
US durable goods orders excluding defense rose 1.3% in July, up from a revised 0.3% increase in June, according to data released today
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US Dollar Firms Ahead of Jackson Hole: What to Expect from Powell’s Speech
The US dollar strengthened against major currencies on Tuesday as traders positioned for the Federal Reserve’s annual Jackson Hole symposium, where Chair Jerome
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Euro Rally Stalls Against US Dollar as Interest Rate Spreads Drive Trade – Scotiabank
The euro’s recent rally against the US dollar has stalled, with interest rate spreads between the Eurozone and the United States becoming the
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Gold Tumbles as Hot US Inflation Bolsters Fed Hawkish Stance
Gold prices fell sharply on Wednesday as a hotter-than-expected US inflation report reinforced expectations that the Federal Reserve will keep interest rates higher
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Taiwan Dollar: Consolidation with Upside Risks vs. US Dollar, Says Commerzbank
Commerzbank strategists noted on Tuesday that the Taiwan dollar is likely to trade in a consolidation range against the US dollar, but risks
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USD/CAD Forecast: Bulls Target 1.3900 as RSI Recovers
The USD/CAD pair is pressing higher, with buyers aiming for the 1.3900 level as the Relative Strength Index (RSI) recovers from oversold territory,
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UOB: Chinese Yuan Set to Extend Gains Toward 6.7000 Against US Dollar
The Chinese Yuan is expected to continue its upward momentum against the US Dollar, with United Overseas Bank (UOB) projecting further gains toward
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Dollar Index Climbs as Markets Digest Fiscal Concerns and Fed Signals
The U.S. dollar index (DXY) has climbed notably in recent sessions, moving higher as investors weigh fiscal policy uncertainties and reassess the Federal