Category: Forex News

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New Zealand Dollar Spiked the RBNZ Left its Cash Rate Alone at 5.50%. Higher NZD/USD?

New Zealand Dollar Spiked the RBNZ Left its Cash Rate Alone at 5.50%. Higher NZD/USD?

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to [...]
FOREX-Yen treads on intervention zone; kiwi, Aussie dlrs hit by China woes

FOREX-Yen treads on intervention zone; kiwi, Aussie dlrs hit by China woes

By Rae WeeSINGAPORE, Aug 16 (Reuters) - The yen languished near its weakest level in nine months on Wednesday and kept traders on alert for any signs [...]
Digging Deep On This Year’s Best Cryptocurrency Investments

Digging Deep On This Year’s Best Cryptocurrency Investments

As we approach the final stretch of 2023, investors remain in pursuit of a worthy cryptocurrency to include in their investment portfolios. The vast s [...]
Nigeria explores asset sales and IPOs of state firms amid FX crisis-Bloomberg

Nigeria explores asset sales and IPOs of state firms amid FX crisis-Bloomberg

Nigeria explores asset sales and IPOs of state firms amid FX crisis-Bloomberg - Busin [...]
Forex: J$155.53 to one US dollar

Forex: J$155.53 to one US dollar

KINGSTON, Jamaica— The US dollar on Tuesday, August 15 ended trading at J$155.53 up by two cent [...]
US data keeps the Dollar at monthly highs

US data keeps the Dollar at monthly highs

The Reserve Bank of New Zealand will announce its decision on monetary policy. The UK inflation report is due. The Eurozone will release GDP, [...]
Forexlive Americas FX news wrap: The US consumer continues to spend – ForexLive

Forexlive Americas FX news wrap: The US consumer continues to spend – ForexLive

Forexlive Americas FX news wrap: The US consumer continues to spend  ForexLive www.forexlive.com [...]
CANADA FX DEBT-C$ weakens as risk aversion offsets hot inflation data

CANADA FX DEBT-C$ weakens as risk aversion offsets hot inflation data

*Canadian dollar weakens 0.2% against US dollar*Canada's annual inflation rate rises to 3.3%*Price of U.S. oil settles 1.8% lower*10-year yield touche [...]
Chinese banks record forex settlement deficit in July

Chinese banks record forex settlement deficit in July

BEIJING, Aug. 15 (Xinhua) -- China's commercial banks saw a net [...]
EURUSD Bounces Back Above 1.09 Despite US Shoppers’ Vigor

EURUSD Bounces Back Above 1.09 Despite US Shoppers’ Vigor

EUR/USD Price, Chart, and AnalysisEUR/USD powered back above the 1.09 mark having lost it in the previous sessionChinese surprise rate cut and some st [...]
High-Flying US Yields, Worsening Chinese Data

High-Flying US Yields, Worsening Chinese Data

Long USD/CNH on PullbacksData-Doomed China: Trade, credit, deflation, and declining activity dataChinese medium-term rate cut possibly a dress rehear [...]
Students, Businesses Struggle to Get Dollars From Banks Amid Forex Shortage

Students, Businesses Struggle to Get Dollars From Banks Amid Forex Shortage

Banks are struggling to meet the demand for PTA and BTA requests by students and businessesNigerian students are rushing to buy foreign excha [...]
USD/CAD Retreats Following Hot Canadian Inflation Data

USD/CAD Retreats Following Hot Canadian Inflation Data

CANADIAN DOLLAR PRICE, CHARTS AND ANALYSIS:The Loonie Finally Catches a Break and Could be in For Some Gains Against the Greenback.BoC Could Have a R [...]
FOREX-Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low

FOREX-Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low

(Recasts to reflect new U.S. retail sales data, updates prices, adds analyst comment in paragraph 6, adds FX table) By Hannah Lang, Joice Alves and Sa [...]
USD/ZAR Price Forecast: Rand Whacked Despite Promising SA Unemployment

USD/ZAR Price Forecast: Rand Whacked Despite Promising SA Unemployment

ZAR prices continue to fall as external global factors weigh on EM currencies. www.dailyfx.com [...]
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