Interestingly, after a strong decline, the U.S. Dollar found support near 0.8870
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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
According to Facebook CEO Mark Zuckerberg’s announcement on March 9, by 2030,
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Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year
The yuan started yesterday’s session on the edge against the US dollar.
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
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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
Russia’s $2.3B Sanction Dodge: The Dollar and Euro Lifeline
Zimbabwe Plans Shift to Gold-Backed Currency by 2026
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
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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
Russia’s $2.3B Sanction Dodge: The Dollar and Euro Lifeline
Zimbabwe Plans Shift to Gold-Backed Currency by 2026
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Indian Rupee Approaches Historic Low of 83.75
Quick Look: The Indian rupee is poised to hit a historic low of 83.74-83.75 against the US dollar, surpassing its previous all-time low of 83.72. Despite the Reserve Bank of India’s efforts to stabilize the currency, the rupee has
USD/CAD Continues to Show Positive Bias for Fifth Straight Day
Quick Look: Oil Prices Impact: The slump in crude oil prices weakens the Canadian Dollar, supporting the USD/CAD pair’s rise. Technical Indicators: Breakout above the 1.3740 supply zone and positive oscillators suggest a bullish outlook; Multi-Week Highs: Trading above
Canadian Dollar (CAD) Drops Amid Global Economic Shifts
Quick Look: The CAD struggles below the 1.36 mark, with critical levels at 1.3650/75 and potential USD gains above 1.3750. The People’s Bank of China’s recent rate cut has affected high-beta currencies, including the CAD. The BoC’s anticipated 25
Financial Markets React to Biden’s Exit and Harris Endorsement
Quick Look: Political Impact on Markets: Biden’s reelection exit and Harris’s endorsement shifted investor strategies, causing the US dollar to drop by 0.1% and Treasury yields to fall. Global Market Reactions: European stocks rise; Asian markets face tech sector
Indian Rupee Approaches Historic Low of 83.75
Quick Look: The Indian rupee is poised to hit a historic low of 83.74-83.75 against the US dollar, surpassing its previous all-time low of 83.72. Despite the Reserve Bank of India’s efforts to stabilize the currency, the rupee has
USD/CAD Continues to Show Positive Bias for Fifth Straight Day
Quick Look: Oil Prices Impact: The slump in crude oil prices weakens the Canadian Dollar, supporting the USD/CAD pair’s rise. Technical Indicators: Breakout above the 1.3740 supply zone and positive oscillators suggest a bullish outlook; Multi-Week Highs: Trading above
Canadian Dollar (CAD) Drops Amid Global Economic Shifts
Quick Look: The CAD struggles below the 1.36 mark, with critical levels at 1.3650/75 and potential USD gains above 1.3750. The People’s Bank of China’s recent rate cut has affected high-beta currencies, including the CAD. The BoC’s anticipated 25
Financial Markets React to Biden’s Exit and Harris Endorsement
Quick Look: Political Impact on Markets: Biden’s reelection exit and Harris’s endorsement shifted investor strategies, causing the US dollar to drop by 0.1% and Treasury yields to fall. Global Market Reactions: European stocks rise; Asian markets face tech sector
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
Russian Forex: 99.6% Yuan Amid Sanctions
USD Index Reclaims 105.00 Amid Economic Shifts
EUR/USD Breaks Key Levels, Eyes 1.0920 Resistance
US Dollar Rises Despite ISM PMI Drop to 48.5
Indian Rupee Approaches Historic Low of 83.75
Quick Look: The Indian rupee is poised to hit a historic low of 83.74-83.75 against the US dollar, surpassing its previous all-time low of 83.72. Despite the Reserve Bank of India’s efforts to stabilize the currency, the rupee has declined for four consecutive days. Increased tax rates on
USD/CAD Continues to Show Positive Bias for Fifth Straight Day
Quick Look: Oil Prices Impact: The slump in crude oil prices weakens the Canadian Dollar, supporting the USD/CAD pair’s rise. Technical Indicators: Breakout above the 1.3740 supply zone and positive oscillators suggest a bullish outlook; Multi-Week Highs: Trading above mid-1.3700s, nearing a six-week peak, potentially reaching 1.3800 and
Canadian Dollar (CAD) Drops Amid Global Economic Shifts
Quick Look: The CAD struggles below the 1.36 mark, with critical levels at 1.3650/75 and potential USD gains above 1.3750. The People’s Bank of China’s recent rate cut has affected high-beta currencies, including the CAD. The BoC’s anticipated 25 basis point rate cut influences the CAD’s performance. Global
Financial Markets React to Biden’s Exit and Harris Endorsement
Quick Look: Political Impact on Markets: Biden’s reelection exit and Harris’s endorsement shifted investor strategies, causing the US dollar to drop by 0.1% and Treasury yields to fall. Global Market Reactions: European stocks rise; Asian markets face tech sector struggles; Chinese bonds benefit from a central bank rate
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
Russian Forex: 99.6% Yuan Amid Sanctions
USD Index Reclaims 105.00 Amid Economic Shifts
EUR/USD Breaks Key Levels, Eyes 1.0920 Resistance
US Dollar Rises Despite ISM PMI Drop to 48.5
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