The US Dollar in red figures on Monday after Ipsos polls project Vice President Kamala Harris taking the lead in the US presidential elections. Traders set for a very volatile week, with the Fed meeting amidst US presidential election … [Continue reading]
NZD/USD Price Analysis: Gives up majority of intraday gains
NZD/USD fails to hold the Asian session’s strength amid persistent weakness in the Kiwi dollar. The NZ Unemployment Rate is expected to have risen to 5% in the third quarter of this year. This week, investors await the US presidential elections … [Continue reading]
Japanese Yen remains solid as US Dollar depreciates ahead of US election
The Japanese Yen rises as the US Dollar depreciates ahead of the US election results on Tuesday. JPY liquidity is expected to be limited as the Japanese markets are closed for Sports Day on Monday. The US Dollar depreciated due to the release of … [Continue reading]
GBP/USD attracts some buyers above 1.2950, US presidential election looms
GBP/USD drifts higher to around 1.2970 in Monday’s early Asian session, up 0.40% on the day. The USD remains under selling pressure amid weaker US NFP data, uncertainty around the US presidential election. The BoE is expected to trim the … [Continue reading]
Singapore Purchasing Managers Index fell from previous 51 to 50.8 in October
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Mexican Peso plunges to new yearly low amid strong US Dollar
Mexican Peso tanks as USD/MXN rises over 1.50% weekly, reaching new yearly highs. US Dollar Index climbs as Treasury yields jump, boosting Greenback strength. Mexican economic data shows resilience, but US elections add uncertainty for emerging … [Continue reading]
21Shares files S-1 for XRP ETF amid ongoing tension between Ripple and SEC
21Shares joins two other investment firms to submit a filing for an XRP ETF. Crypto community members share thoughts on potential approval of an XRP ETF, considering SEC's appeal against Judge Torres's Ripple ruling. The upcoming US … [Continue reading]
US Dollar finds supports after NFPs
US Dollar retreated after posting solid gains in recent weeks. Nonfarm Payrolls increased by 12,000 in October, falling short of market expectations. Markets remain almost fully pricing in a 25 bps cut by the Fed next week. The US Dollar Index … [Continue reading]
Australian Dollar declines after high-tier US data, Chinese worries
AUD/USD declines due to modest US dollar gains after a packed economic calendar. Weak Chinese PMIs weigh on the Australian Dollar. RBA expected to maintain a hawkish stance, supporting AUD/USD, but concerns over China's economy linger. The AUD/USD … [Continue reading]
Argentina Tax Revenue (MoM) declined to 12B in October from previous 12844B
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]