Turkish Lira Under Pressure: MUFG Points to Political Stress and Energy Shock
The Turkish lira continues to face significant headwinds, with analysts at MUFG Bank attributing the currency’s sustained weakness to a combination of domestic
Forex News
Forex News
Forex Markets Eye Australian Inflation Data Amid Geopolitical Tensions
Currency markets are turning their attention to Australia on Wednesday as investors await the latest inflation figures, which could influence the Reserve Bank
Forex News
Indian Rupee: Gradual Stabilisation Prospects After Oil Shock, Says ING
Analysts at ING have assessed the outlook for the Indian rupee following a recent oil price shock, suggesting that gradual stabilisation is on
Forex News
Societe Generale Flags Event Risk for Crowded Australian Dollar Longs
Strategists at Societe Generale have issued a cautionary note on the Australian Dollar, highlighting that the currency’s heavily crowded long positions are now
Forex News
US Dollar Steady as Higher Yields and Resilient Data Keep Fed Repricing in Focus: MUFG
The US dollar remains supported as stronger-than-expected economic data and elevated Treasury yields continue to drive a repricing of Federal Reserve interest rate
Forex News
New Zealand Dollar Struggles for Traction Ahead of RBNZ Decision: BNY
The New Zealand Dollar is entering the Reserve Bank of New Zealand’s (RBNZ) upcoming monetary policy decision on a soft footing, according to
Forex News
Euro Faces Downside Risks Against US Dollar Despite ECB Rate Hike Expectations, BBH Warns
Despite growing expectations that the European Central Bank (ECB) will continue raising interest rates, analysts at Brown Brothers Harriman (BBH) warn that the
Forex News
Dow Jones Futures Lag as July Rate Hike Bets Gain Momentum
Dow Jones Industrial Average futures are showing signs of hesitation this week, failing to join the broader market rally as traders increasingly price
Forex News
British Pound Retreats as Renewed Iran Tensions Boost Safe-Haven Demand for US Dollar
The British Pound weakened against the US Dollar on Monday, retreating from recent highs as escalating geopolitical tensions between Iran and Western powers
Forex News
Brent at $200: Societe Generale Warns of Extended Hormuz Closure Stress Case
French investment bank Societe Generale has introduced a stress-case scenario for Brent crude oil, projecting prices could surge to $200 per barrel if