Forex

Euro and Yen weakness stands out | FX Research

We continue to see broad-based demand for the US dollar, though it's clear that most of the dollar strength of late has been against the Euro and the Yen. A new report has been making headlines, discussing a growing group...

Election 2024: Bitcoin to $80k?

The cryptocurrency market is turning downwards, in tandem with the broader stock market. This decline might be dashing hopes of BTC/USD breaking the $70,000 threshold....

Gold, Bitcoin Poised for US Election Gains?

On November 5, approximately 250 million Americans are expected to vote in the presidential election. The outcome, though, may not be immediately clear. The official result could take anywhere from a few hours to several weeks, depending on the margin...

USD/JPY: Japan’s Snap Election Opportunities

Japan is holding a snap election this Sunday, triggered by a scandal within the ruling Liberal Democratic Party (LDP), despite a general election not being due until late 2025....

BRICS Summit 2024: Big Promises, Little Impact?

Russia will host the BRICS summit in Kazan from October 22-24, where President Vladimir Putin will push for a new SWIFT-like payment system to challenge US dollar dominance....

USD/CAD: What to Expect from BoC Next Week?

Canada’s central bank is set to announce its next rate decision on Oct. 23, with Canadian banks largely anticipating a 50-basis-point cut. A similar reduction is also expected at the BoC's final meeting of the year on Dec. 11....

Hours to Go: Will ECB Cut Rates?

The euro zone economy flashed modest signs of life earlier this week, with a series of indicators suggesting tepid but still growing activity for a region that has narrowly avoided recession for over a year....

Oil Oversold? Middle East Risks Remain

Oil prices are cooling off as concerns over the nature and scale of Israel’s retaliation to Iran become known. Israeli Prime Minister Benjamin Netanyahu has indicated to the Biden administration that they will be targeting military rather than oil nor...

Euro Drops, Gold Holds for Now: What’s Next?

Gold's recovery faltered on Monday as the U.S. dollar surged to a nine-week high, curbing upward momentum for the precious metal. The greenback’s strength was bolstered by the euro’s decline, which fell for the 11th time in 12 sessions as...
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