Category Forex News

Keep track of the latest currency market moves as they develop. Stay up-to-date on breaking forex news as well as relevant financial developments.

BofA sees danger of great rebalancing outflows from USD

Investing.com — Financial institution of America have launched an estimate of month-end FX rebalancing flows, warning a major outflow from the USD into the EUR and EM currencies, pushed by sturdy fairness efficiency and weak bond returns in November. U.S. equities,…

Euro slides on political turmoil in France

The euro skilled a major decline in opposition to the US greenback on Monday, falling by 1% to a session low of 1.0462, marking a trajectory for its most substantial each day loss since November 6. This downward motion comes…