BofA Warns Euro Faces Further Downside as Fed Repricing Risk Intensifies
Bank of America (BofA) has issued a fresh warning to currency markets, stating that the euro is likely to face continued depreciation against
Forex News
Forex News
Aluminium exports and speculative long positions increase, ING reports
Analysts at ING have observed a notable increase in aluminium exports alongside a rise in speculative long positions in the metal’s futures market,
Forex News
US Inflation Accelerates to 4.2% in May, Marking Three-Year High
The U.S. Bureau of Labor Statistics reported Wednesday that the Consumer Price Index (CPI) rose to 4.2% year-over-year in May, the highest reading
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US Dollar Rebounds as Inflation Data Reshapes Rate Cut Expectations
The US Dollar staged a notable recovery on Wednesday, reversing earlier losses after the release of key inflation data that provided fresh clues
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Silver Price Forecast: XAG/USD Breaks Below 200-Day SMA, YTD Low in Sight
Silver prices (XAG/USD) have extended their recent decline, breaking decisively below the 200-day Simple Moving Average (SMA) for the first time in several
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Dollar Holds Steady as U.S. Consumer Inflation Report Meets Expectations
The U.S. dollar traded within a narrow range on Wednesday after the latest consumer inflation report came in broadly in line with economist
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Dollar Edges Higher in Choppy Trading as Markets Weigh Iran Tensions and US CPI Data
The U.S. dollar edged higher in a volatile trading session on Wednesday as investors juggled the implications of rising geopolitical tensions with Iran
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Swiss Franc Slips as Markets Digest US Inflation Data and Geopolitical Uncertainty
The Swiss franc eased against major currencies on Wednesday as traders weighed the latest US inflation data against ongoing geopolitical risks, creating a
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USD/JPY Holds Above 160 as RSI Approaches Overbought: BoJ Intervention Risk in Focus
The USD/JPY currency pair continues to trade firmly above the psychologically significant 160.00 level, as technical indicators flash warning signs of a potential
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Euro Holds Steady as ECB Rate Decision Looms: What to Expect
The euro traded in a narrow, subdued range against major peers on Thursday as currency markets adopted a wait-and-see stance ahead of the