AUD/USD: UOB Flags 0.7150 as Key Upside Hurdle – What It Means for Traders
According to UOB Group’s latest technical analysis, the Australian Dollar’s potential for further gains against the US Dollar hinges on a decisive break
Forex News
Forex News
Forex Today: US Dollar Slips as Treasury Boosts Long-Term Bond Purchases
The US dollar weakened against major currencies on Tuesday as the Treasury Department announced an increase in its long-term bond purchases, a move
Forex News
Sweden’s Riksbank Holds Key Rate at 1.75% as Expected, Pausing After Easing Cycle
Sweden’s central bank, the Riksbank, left its key policy rate unchanged at 1.75% on [Date of decision], a move that matched market forecasts
Forex News
El Niño Could Stoke Inflation and Pressure the Rand, Commerzbank Warns
Commerzbank has warned that El Niño weather conditions could fuel inflation in South Africa, adding further pressure on the rand. The bank’s analysis,
Forex News
Oil Extends Rally on Sanctions Risk, ING Says
Oil prices extended their rally on Wednesday, driven by heightened sanctions risk, according to analysts at ING. The commodity’s upward momentum reflects growing
Forex News
Germany 30 Forecast: Index Faces Rejection at 0.236 Fibonacci Arc
The Germany 30 index is encountering resistance at the 0.236 Fibonacci Arc level, a technical threshold that has historically influenced short-term price movements.
Forex News
UOB: Japanese Yen’s Bullish Bias Persists Within Broad USD/JPY Range
United Overseas Bank (UOB) Group’s FX strategists maintain a bullish bias on the Japanese yen against the US dollar, although they expect the
Forex News
EUR/USD Price Forecast: Doubling US Bond-Buying Plan Opens Path to 1.1800
The EUR/USD currency pair is poised to test the 1.1800 level after reports that the Federal Reserve may double its bond-buying program, a
Forex News
Bessent Put, Economic Warfare, and Fed Minutes: What Investors Should Watch
As of mid-2025, market participants are increasingly focused on the so-called “Bessent put” — the expectation that Treasury Secretary Scott Bessent will act
Forex News
US Dollar Upside Capped as Treasury Yields Ease, MUFG Says
The US dollar’s upside potential remains limited as Treasury yields ease, according to a recent note from MUFG (Mitsubishi UFJ Financial Group). The