Tag 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 maintains bullish GBP/CHF outlook for 2025

Financial institution of America (BofA) reiterated its optimistic outlook for the British Pound towards the Swiss Franc (GBP/CHF), projecting an increase in direction of 1.20 by mid-2025. The agency’s forecast stays unchanged, emphasizing a bullish stance on the forex pair…

South African rand weakens forward of Fed resolution

JOHANNESBURG (Reuters) – South Africa’s rand slipped towards a stronger greenback on Tuesday, as buyers flip their consideration to the Federal Reserve’s rate of interest resolution. At 0820 GMT, the rand traded at 17.93 towards the dollar, about 0.4% weaker…

Danger of a USD/JPY overshoot into new yr: BofA

Investing.com — The greenback has dominated the yen this yr because the Federal Reserve and Financial institution of Japan implement opposing financial coverage measures, and now the danger is rising for the USD/JPY to overshoot earlier than an anticipated correction…