USD/JPY Outlook: Navigating Election Uncertainty-Citi
With elections coming up in the US and Japan soon, Citigroup examines the expected moves of the USD/JPY pair, which has been trading erratically recently.After opening the week at a
forex market
Global Money Market Funds See Surge in Inflows
The week leading up to October 2 saw significant inflows into global money market funds as investor apprehension ahead of an important U.S. payrolls report and elevated geopolitical tensions in
Euro Rises to 14-Month Peak as Dollar Weakens
On Wednesday, the dollar hit a 14-month low against the euro as traders wagered that the Federal Reserve will make another significant rate cut at its November meeting due to
US Data Brightens Outlook: Dollar Steadies as Recession Worries Ease
After its largest one-day gain against major rivals in four weeks, the dollar was hovering near a two-week high against the yen on Friday as solid U.S. economic data virtually
Japan’s Interest Rate Freeze: Yen Under Pressure!
The Bank of Japan’s recent decision to halt interest rate hikes has sent ripples through financial markets, exerting pressure on the Japanese Yen. This policy choice reflects the BOJ’s
Japanese Yen Shines Bright: Currency Surges Against USD Amid Market Uncertainty
The Japanese yen rose versus the dollar, as the flight to safety ensured that investors were seeking a haven in the face of growing volatility in the global markets. Fears
INTEREST RATE VS FOREX MARKET:SIMPLY EXPLAINED.
Forex is one of the largest and most liquid financial markets in the world, with more than $6 trillion changing hands every day. One of the most critical drivers of
FOMC Rate Decision: Implications for GBP/USD
The Federal Open Market Committee (FOMC) has once again taken center stage in the financial markets, with its latest decision on interest rates creating ripples across various asset classes, including
FOREX FOR STARTERS: BE AWARE OF BASIC CONCEPTS OF FOREX.
Introduction The foreign exchange market, usually referred to as the forex market, is the largest and most liquid financial market in the world. Measured by daily trading volume, it is