Agency: UK growth a headache for BOE
T. Rowe Price chief European economist Tomasz Wieladek said in a report that faster economic growth in the UK could ...
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Mitsubishi UFJ: Japan’s first trade surplus in nearly two years is expected to support the yen
MUFG said Japan's shift to a trade surplus over time would be a "key" factor supporting the yen's exchange rate. ...
ANZ: Sharp drop in consumer spending suggests RBA rate hikes are working
Australian consumer spending fell 8.0% year-on-year in the week ended Aug. 5, ANZ said. Weak indicators of household spending and ...
ANZ: Reserve Bank of New Zealand is expected to keep interest rates unchanged next week
ANZ chief economist Sharon Zollner said the Reserve Bank of New Zealand is expected to keep the official cash rate ...
U.S. banks hit $19 billion in loan losses on rate hikes
U.S. banks took a hit of nearly $19 billion on bad loans in the second quarter, the most in more ...
BOE slows rate hikes, Goldman raises euro/sterling forecasts
"We found the Bank of England's decision (last week) to be a bit disappointing and confusing, although not surprising," said ...
Analysis: The Impact of a Dollar Crash on Stocks and Related Market Dynamics
In the interconnected global financial system, the United States dollar (USD) plays a crucial role as the world's primary reserve ...
Long-Term U.S. Bond Yields Approach 10-Month Highs Ahead of Non-Farm Payrolls Report
Long-term U.S. Treasuries fell sharply this week amid signs that the U.S. economy remains solidly growing. Yesterday, the 10-year and ...
Lane: Inflation expected to slow significantly later this year
European Central Bank Chief Economist Lane believes that inflation in the 20-nation euro zone will fall significantly in the next ...
BOA becomes first Wall Street firm to no longer see U.S. recession
Bank of America economists withdrew their forecast for a U.S. recession, becoming the first major Wall Street firm to formally ...
Aussie Currency Declines as RBA Maintains Interest Rates for Second Consecutive Month
The Reserve Bank of Australia left its benchmark interest rate on hold on Tuesday after cooling inflationary pressures and weak ...
Market Sentiment: RBA Unlikely to Raise Rates Before November, According to Traders
Markets are reluctant to believe that the RBA will definitely not raise rates again, but they have made it clear ...
Euro Zone Manufacturing Activity Registers Swiftest Contraction Since COVID-19 Outbreak in July
Manufacturing activity in the euro zone contracted at the fastest pace since the outbreak of the coronavirus in July as ...
Euro edges lower ahead of key data
EUR/USD edged lower to 1.1014, ahead of the release of key eurozone inflation and growth data after European Central Bank ...
Dollar heads for another monthly loss
The dollar has started the new week on a positive note but is still on course to register a monthly ...
Yen at three-week low after BoJ shift but eyes monthly gain
The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank ...
Where Can I Exchange Old Swiss Francs: A Guide to Currency Exchange
Switzerland's currency, the Swiss franc (CHF), is renowned for its stability and strength. However, if you find yourself in possession ...
Why Is the Swiss Franc So Strong: A Comprehensive Analysis
The Swiss franc, denoted by CHF (ISO code), is renowned for its strength and stability on the global stage. For ...
Yen boosted as BOJ relaxes grip on bond yields
Yen rose in European trade against a basket of major rivals, extending gains for the fifth straight session against dollar ...
Euro sharpens decline following Lagarde’s remarks
Euro declined in European trade against a basket of major rivals, sharpening losses for the second straight session and hitting ...
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USD/CAD Weakens Amid Lower US Yields, Trade War Concerns in Focus
The USD/CAD pair dipped to 1.4430 during Thursday’s late American session, weighed down by lower US bond yields. However, declining...
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