The dollar fell during European trade on Friday as traders worried that continued turmoil in the U.S. banking system, along with the rapidly approaching debt ceiling increase day, could lead to an earlier-than-expected rate cut by the Federal Reserve despite its recent hawkish rhetoric.
May 5, 2023
1584
Russian ruble is trading below 80 against USD and close to 87 against EUR – for the first time since April 4, posting around 2.5% daily increase after CBR’s scheduled meeting and Chairwoman Elvira Nabiullina’s comments.
April 28, 2023
1549
The DXY Dollar Index Spot returned to its February 2023 lows despite renewed inflation worries, making investors to believe that at least two more interest rate hikes during this year are on the table.
April 21, 2023
1610
The Barron's dedicated today's editorial to Bitcoin (BTCUSD).
April 11, 2023
1582
BofA Securities considers it to be a fair move to depreciate the lira by 15-25% in order to balance its long term and short terms financial accounts, regardless of who wins the May election.
March 31, 2023
1489
As we all know by now, Swiss authorities announced Sunday that UBS is looking to bring in Swiss bank Credit Suisse as part of a massive merger aimed at avoiding further turmoil in the regional and global banking market.
March 21, 2023
1645
Last week, hedge funds retained their biggest yen bear positions in 6 months in what was a painful trade, as the collapse of Silicon Valley Bank suddenly boosted demand for the Japanese currency as a safe haven.
March 17, 2023
1603
According to the latest data, inflation in Argentina exceeded 100% for the first time since the end of hyperinflation cycle in the early 1990s.
March 15, 2023
1652
U.S. stock indices are rising during their first minutes of trading as investors avoided big bets on the outcome of the much-expected Powell's grilling and Friday's monthly jobs data.
March 7, 2023
1386
The U.S. Labor Department reported that employers added 517,000 jobs on a seasonally adjusted basis, an increase from 260,000 in December.
February 3, 2023
1655
April 24, 2024
3444
May 6, 2024
3188
April 12, 2024
3116
