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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.
By Gram Slattery, Chris Prentice and Jarrett Renshaw WASHINGTON (Reuters) – President-elect Donald Trump is planning to make use of his government powers to scale back the regulatory burden confronted by cryptocurrency corporations and promote digital asset adoption in his…
Investing.com – Donald Trump’s inauguration is true across the nook, and UBS has suggested its shoppers to go lengthy the USD/CNY pair to hedge coverage dangers earlier than the large day. In a light-weight information week, Trump’s inauguration will take…
Investing.com — This week noticed the discharge of knowledge indicating a decline in India’s headline client value inflation from 5.5% year-on-year in November to five.2% in December. Based on Capital Economics, this helps their prediction that the Reserve Financial institution…
UBS revised its inflation forecast for Japan, projecting greater inflation charges within the coming years attributable to a strong US greenback and elevated power costs. The UBS FX group adjusted their international trade outlook, now anticipating the USD/JPY trade fee…
Financial institution of America (BofA) analysts highlighted a shift in market sentiment, figuring out lengthy U.S. greenback positions as probably the most crowded commerce, and now a big headwind for the forex. This attitude aligns with BofA’s latest studies on…
Investing.com – The US greenback edged larger Friday, however was heading in the right direction for a weekly loss after core inflation eased, whereas sterling retreated following the discharge of weak retail gross sales information. At 04:30 ET (09:30 GMT),…
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail gross sales fell unexpectedly in December, in keeping with official information on Friday that added to a run of downbeat financial indicators which might be more likely to additional enhance…
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail gross sales fell unexpectedly in December, based on official knowledge on Friday that added to a run of downbeat financial indicators which might be prone to additional enhance expectations for…
Investing.com– Most Asian currencies saved to a decent vary on Friday, whereas the greenback nursed some weekly losses amid uncertainty over rates of interest, whereas anticipation of President-elect Donald Trump’s inauguration additionally weighed. The Chinese language yuan firmed barely after…
Investing.com — The greenback bulls aren’t more likely to collapse anytime quickly as larger Federal Reserve rates of interest associated to different central banks and pro-growth insurance policies together with tax will doubtless make sure the dollar continues come on high…
