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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within a bullish channel and sustained momentum from...
EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
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EURGBP Outlook: Bullish Momentum Continues – Forecast for February 13, 2025
The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above...
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USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to...
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India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as...
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Speculators cut net long bets on U.S. dollar -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators' net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters...
Turkey Takes Aim at Lira Short Selling by Focusing on Niche Debt
(Bloomberg) -- Turkey is planning to restrict purchases by domestic investors of new lira bonds sold by multinational lenders, the latest effort to curb short...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...
Rouble eases towards 62 vs dollar, Severstal shares fall after sanctions
The Russian rouble eased towards 62 against the dollar on Thursday, stabilising in a relatively narrow range after sharp and uncontrolled moves last week...
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...
Asia FX bears retreat slightly, China concerns persist – Reuters poll
By Harish Sridharan (Reuters) - Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs, but...
Dollar Up, Boosted by Rising U.S. Yields
By Gina Lee Investing.com – The dollar was up on Thursday morning in Asia, hitting a three-week high against the yen in early Asian trading....
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....