Forex Trading
USD/CNY to stay in the 7.10-7.35 range for the rest of the year and end at 7.20 – TDS
Share: The Yuan has taken a beating, slumping by >5% YTD in spot for both onshore and offshore,...
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SARB MPC Meeting Review and Rand Price Outlook
The ZAR’s reaction to the SARB MPC decision and policy statement was relatively muted as the decision was in line...
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There’s no premature celebration here on inflation falling
Share: Bank of England (BoE) Governor Andrew Bailey said on Thursday that their job is not done yet...
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The 2023 peak is just around the corner
Share: DXY extends the uptrend to the 105.70 region. Further gains could see the 2023 near 105.90 revisited....
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GBP/USD set to test the 1.21 level – TDS
Share: The Bank of England voted 5-4 in favor of keeping the Base Rate unchanged. The surprise hold...
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Bank of England holds interest rate steady in split vote
Share: The Bank of England (BoE) announced that it left the policy rate unchanged at 5.25% following the...
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The Fed’s updated guidance should reinforce the USD’s upward momentum in the near-term – MUFG
Share: The US Dollar has continued to strengthen following the FOMC meeting. Economists at MUFG Bank analyze Greenback’s...
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EUR/CHF will dip below 0.95 in Q4 on the back of safe-haven flow – Rabobank
Share: EUR/CHF spiked higher on today’s steady policy announcement from the SNB. Economists at Rabobank analyze the pair’s...
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BoE Hints at Peak Rates after Vote to Hold, GBP Offered
Bank of England Holds Interest Rates Steady at 5.25%The monetary policy committee narrowly decided to hold (5-4)Disinflation expected to continue...
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Euro keeps the bearish note well in place on firmer Dollar
Share: The Euro adds to the weekly retracement against the US Dollar. Stocks in Europe accelerate their losses on...
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