Here’s why the Ibovespa Index and Brazilian real are soaring
The post Here’s why the Ibovespa Index and Brazilian real are soaring appeared first on Invezz
The post Here’s why the Ibovespa Index and Brazilian real are soaring appeared first on Invezz
The USD/ZAR exchange rate remained under pressure, moving from a high of 19.93 in April last year to the current 16. The South African rand surge may accelerate in the coming weeks, helped by the strong macro data from the country. South African exports are soaring despite US tariffs Macro data released on Monday showed
The post Is the yen rally signaling a shift in global markets and dollar confidence? appeared first on Invezz
The post GBP/USD forecast ahead of US NFP data, Bank of England decision appeared first on Invezz
The post EUR/USD forecast: recoils as Kevin Warsh odds jump appeared first on Invezz
The Japanese yen has staged a strong comeback in the past few days as investors focused on its potential intervention and the latest actions by the Federal Reserve. The USD/JPY pair was trading at 153, down by 4% from its highest level this year. Concerns about Japanese yen intervention remain The USD/JPY exchange rate has
The post USD/CHF forecast: Here’s why the Swiss franc is soaring appeared first on Invezz
The US Dollar Index (DXY) continued its strong downward trend, reaching its lowest level in over four years as the greenback crashed against most currencies, such as the Australian dollar and the euro. The DXY Index tumbled to a low of 95.55 ahead of the upcoming Federal Reserve interest rate decision, which will come out
The ASX 200 Index retreated in the last two consecutive days, while the AUD/USD exchange rate rose to the highest level in years after the latest Australian consumer inflation report. The index retreated to A$8,925 from the year-to-date high of A$8,990. On the other hand, the AUD/USD exchange rate jumped to a high of 0.7010,
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies swinging on US dollar weakness, and corporate uncertainty resurfacing at Amazon after a prematurely sent internal email fueled layoff fears. Asian markets mixed as Wall Street hits record Asia-Pacific markets traded mixed,