Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expecta
August Volatility: $250 Billion in FX Carry Trades Unwound
Quick Look Market Turbulence: Early August saw a brief but intense spike in market volatility due to unwinding leveraged
Euro, Pound Gain 0.1% as Oil Prices Stabilize
Key Points Euro And Pound Rise: Both currencies edged up as oil prices paused, nearing multi-month highs against the US
China’s Yuan Gains 1.3% in August Amid PBOC Interventions
Quick Overview Yuan’s Strength: The yuan gained 1.3% against the dollar in August, reversing earlier losses. This
TODAY'S FEATURED
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
August Volatility: $250 Billion in FX Carry Trades Unwound
Euro, Pound Gain 0.1% as Oil Prices Stabilize
US Dollar Nears 10-Week Highs Ahead of US Growth Report
Dollar Goes Up Against other Currencies on Bullish Data
Euro Slides on German Chancellor News
EDUCATION
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Sterling Hits $1.32: The Surge, Risks, and Future Outlook
August Volatility: $250 Billion in FX Carry Trades Unwound
Euro, Pound Gain 0.1% as Oil Prices Stabilize
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year
Raiffeisen Bank Halts Foreign Transfers in Russia Amid Pressure
The Rise of CBDCs: Transforming Money for a Digital Era
Zimbabwe Plans Shift to Gold-Backed Currency by 2026
Japanese Stocks Drop 30% Amid Yen’s 7-Month High Surge
Ringgit’s 2.3% Surge: Biggest Rally in 9 Years
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
August Volatility: $250 Billion in FX Carry Trades Unwound
Euro, Pound Gain 0.1% as Oil Prices Stabilize
LATEST REVIEWS
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank
Raiffeisen Bank Halts Foreign Transfers in Russia Amid Pressure
The Rise of CBDCs: Transforming Money for a Digital Era
FOREX NEWS
FOREX NEWS
BROKER NEWS
U.S. Data Spurs 50 Bps Rate Cut Speculation
Quick Look: Tepid U.S. Data: Weak economic data stokes fears; markets anticipate a 50 bps rate cut by the Fed in September. Eurozone Weakness: Germany’s economy contracts by 0.1%; the manufacturing sector shows persistent contraction. Fed’s Balanced Approach: Fed
Peso Drops 0.8% to 18.7924 per Dollar: Economic Challenges
Quick Look: The peso fell 0.8% to 18.7924 per dollar, hitting a seven-week low. Mexico’s GDP grew only 0.2%, missing the 0.4% target, hinting at potential rate cuts. Other Latin American currencies, like Chile’s and Colombia’s pesos, are also
Hedge Funds Cut 56,639 Bearish Yen Bets, Largest Since 2011
Quick Look: Hedge funds reduced net short positions on the yen by 56,639 over two weeks ending 23 July. Expectations of rising Japanese interest rates are driving the reduction in bearish bets. Yen appreciation diminishes the carry trade strategy,
USD/CHF Rises to 0.8830 Amid Mixed US PCE Data
Quick Look: USD/CHF climbed 0.15% to 0.8830 after two sessions of losses. June PCE Price Index dipped to 2.5% YoY; core PCE rose to 2.6% YoY. Mild disinflation and economic growth suggest a steady Fed policy. USD/CHF below key
U.S. Data Spurs 50 Bps Rate Cut Speculation
Quick Look: Tepid U.S. Data: Weak economic data stokes fears; markets anticipate a 50 bps rate cut by the Fed in September. Eurozone Weakness: Germany’s economy contracts by 0.1%; the manufacturing sector shows persistent contraction. Fed’s Balanced Approach: Fed
Peso Drops 0.8% to 18.7924 per Dollar: Economic Challenges
Quick Look: The peso fell 0.8% to 18.7924 per dollar, hitting a seven-week low. Mexico’s GDP grew only 0.2%, missing the 0.4% target, hinting at potential rate cuts. Other Latin American currencies, like Chile’s and Colombia’s pesos, are also
Hedge Funds Cut 56,639 Bearish Yen Bets, Largest Since 2011
Quick Look: Hedge funds reduced net short positions on the yen by 56,639 over two weeks ending 23 July. Expectations of rising Japanese interest rates are driving the reduction in bearish bets. Yen appreciation diminishes the carry trade strategy,
USD/CHF Rises to 0.8830 Amid Mixed US PCE Data
Quick Look: USD/CHF climbed 0.15% to 0.8830 after two sessions of losses. June PCE Price Index dipped to 2.5% YoY; core PCE rose to 2.6% YoY. Mild disinflation and economic growth suggest a steady Fed policy. USD/CHF below key
BROKER NEWS
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank of England’s rate policies; unexpected cuts could lead to rapid declines. Speculative Bets: The pound’s
Canadian Dollar (CAD) Drops Amid Global Economic Shifts
Forex Market Shifts: Dollar Declines, Euro Up 2.1%
GBP/USD Hits Highest Since July, Driven by UK Data
DXY Dips to 104.80: Navigating Volatility
U.S. Data Spurs 50 Bps Rate Cut Speculation
Quick Look: Tepid U.S. Data: Weak economic data stokes fears; markets anticipate a 50 bps rate cut by the Fed in September. Eurozone Weakness: Germany’s economy contracts by 0.1%; the manufacturing sector shows persistent contraction. Fed’s Balanced Approach: Fed keeps rates steady; hints at potential rate cut in
Peso Drops 0.8% to 18.7924 per Dollar: Economic Challenges
Quick Look: The peso fell 0.8% to 18.7924 per dollar, hitting a seven-week low. Mexico’s GDP grew only 0.2%, missing the 0.4% target, hinting at potential rate cuts. Other Latin American currencies, like Chile’s and Colombia’s pesos, are also weakening. Uncertainty over US Fed decisions affects local stock
Hedge Funds Cut 56,639 Bearish Yen Bets, Largest Since 2011
Quick Look: Hedge funds reduced net short positions on the yen by 56,639 over two weeks ending 23 July. Expectations of rising Japanese interest rates are driving the reduction in bearish bets. Yen appreciation diminishes the carry trade strategy, causing reevaluation among investors. BOJ and the Federal Reserve’s
USD/CHF Rises to 0.8830 Amid Mixed US PCE Data
Quick Look: USD/CHF climbed 0.15% to 0.8830 after two sessions of losses. June PCE Price Index dipped to 2.5% YoY; core PCE rose to 2.6% YoY. Mild disinflation and economic growth suggest a steady Fed policy. USD/CHF below key SMAs; continues a four-week losing streak. In Friday’s trading
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank