More sustained USD losses may develop Fed expectations to go soft on rates next week – Scotiabank
US dollars are fluctuating. According to economists at Scotiabank, if markets anticipate the Fed to loosen policy next week, the…
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USD/JPY keeps the red around 133.00 mark amid bank crisis fears, softer USD
On Thursday, some sellers enter the market for the second straight day as the USD/JPY pair struggles to benefit from…
WTI price rebounds from $66 mark amid a risk-aversion environment
Prices for West Texas Intermediate (WTI) fell to levels last seen in December 2022, with the $66 level serving as…
EUR/USD skates on thin ice near 1.0600 as Credit Suisse upset prods ECB hawks
EUR/USD keeps making small gains and cuts back on its biggest daily loss since September 2022.Policymakers at the ECB are…
GBP/USD bears in the market on safe haven US Dollar buying on Credit Suisse risk
The news that Credit Suisse’s largest shareholder said it could not provide the Swiss bank with additional financial assistance on…
USD/CAD advances sharply on a buoyant US Dollar on risk-aversion linked to Credit Suisse
The American financial and banking crisis, which is threatening to spread globally, is fueling safe-haven flows towards the US dollar,…
US banking crisis reaching European shores – As it’s happening
Fears of a new banking crisis, this time in Europe, were rekindled by news that Credit Suisse’s largest investors were…
AUD/USD struggles to hold above 0.6600 as risk aversion dominates
On Wednesday, the AUD/USD currency pair is under selling pressure as risk-averse investors become more worried about recent disastrous developments…
EUR/USD extends slide below 1.0550 as USD rally picks up steam
In the latter half of the day, as risk aversion dominated the financial markets and the USD gained strength, the…