US Dollar: Real Strength and REER Outlook – BNY Analysis
The US dollar continues to demonstrate resilience in global currency markets, but the real measure of its strength lies beyond nominal exchange rates.
Forex News
Forex News
Euro Slips Ahead of Key Eurozone Inflation Report
The euro traded lower against major peers on Monday as currency markets adopted a cautious stance ahead of the release of the Eurozone
Forex News
ISM Manufacturing PMI Preview: US Factory Activity Expected to Hold Steady in Expansion
The Institute for Supply Management (ISM) is set to release its February Manufacturing PMI report on Monday, March 3, 2025, with economists forecasting
Forex News
Austria Unemployment Rate Dips to 6.9% in June, Signaling Labor Market Stability
Austria’s unemployment rate edged lower in June, declining to 6.9% from 7.1% in May, according to the latest data from the Austrian Public
Forex News
Australian Dollar Holds Neutral Stance Within Broad Range Against US Dollar: UOB
United Overseas Bank (UOB) has issued a neutral outlook for the Australian Dollar (AUD) against the US Dollar (USD), indicating that the pair
Forex News
British Pound Holds Near Two-Month High Against Bearish Yen as Intervention Risks Loom
The British Pound is consolidating near a two-month high against the Japanese Yen, with traders closely monitoring potential intervention risks from Japanese authorities.
Forex News
Polish Zloty: Rate Hike Bets Vanish as Inflation Falls – Commerzbank
The prospect of further interest rate hikes in Poland has effectively evaporated following a sharper-than-expected decline in inflation, according to a new analysis
Forex News
Swiss Franc Drifts Lower Toward 0.8100 USD Despite Solid Retail Sales Data
The Swiss Franc continued its gradual decline against the US Dollar on Tuesday, approaching the 0.8100 mark, even as Switzerland reported stronger-than-expected retail
Forex News
Australian Dollar Slips as Rising US Treasury Yields Spur Risk-Off Sentiment
The Australian Dollar has come under renewed selling pressure during Tuesday’s Asian and early European trading session, as a sharp rally in US
Forex News
S&P 500 Rises on Tech-Led Momentum, Deutsche Bank Strategists Note
Equity markets extended their upward trajectory this week, with the S&P 500 posting gains driven primarily by strength in the technology sector, according