Dollar to weaken less than expected next year: UBS By Investing.com
Investing.com — The dollar recently notched fresh year-to-date highs against its rivals and is likely to remain strong after the Federal Reserve leaned more hawkish...
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Danish krone weakens following Novo Nordisk’s clinical trial setback By Investing.com
Investing.com — The Danish krone experienced a dip following disappointing clinical trial results from Denmark’s pharmaceutical giant, Novo Nordisk (NYSE:) A/S. The results have raised...
Dollar set for weekly gains ahead of key inflation release By Investing.com
Investing.com – The US dollar slipped slightly Friday, pausing for breath after strong gains this week as traders await the release of the Fed’s preferred...
Asia FX fragile with dollar upbeat ahead of PCE data; yen hits 5-mth low By Investing.com
Investing.com– Most Asian currencies weakened on Friday with the Japanese yen recovering marginally from a five-month low as strong inflation data only partially offset a...
Sterling softens after Bank of England maintains rate; Dollar and Yen outlooks shift By Investing.com
Investing.com — The sterling trimmed its gains against the dollar and fell against the euro after the Bank of England (BOE) decided to keep its...
Swedish krona strengthens as Riksbank adopts cautious policy; Norwegian krone stable before rate decision By Investing.com
Investing.com — The Swedish krona has seen a slight increase following a decision by the Riksbank, Sweden’s central bank, to cut its key interest rate...
Dollar edges back from highs; sterling gains ahead of BOE meeting By Investing.com
Investing.com – The US dollar slipped slightly Thursday, but remained near two-year highs after the Federal Reserve signalled a slower pace of rate cuts in...
Japanese yen slides past key 155 level after BOJ holds rates steady By Investing.com
Investing.com– The Japanese yen weakened beyond the significant 155 mark against the U.S. dollar on Thursday after the country’s central bank kept interest rates unchanged....
Asia FX weak as yen softens on BOJ hold; dollar at 2-yr high on hawkish Fed By Investing.com
Investing.com– Most Asian currencies weakened on Thursday, with the yen hitting a near one-month low after the Bank of Japan kept interest rates steady and...
UBS projects USD/CNY to hit 7.5 by end of 1H25 amid trade tensions By Investing.com
UBS today provided a forecast for the exchange rate, projecting it to reach 7.5 by the first half of 2025. This prediction comes amid ongoing...