Tag: Weakening
Yuan to keep weakening despite forex RRR cut
Cutting FX RRR won’t strengthen yuanThe PBoC cut the forex RRR again this year – this time to 6% from 8% effective 15 September 2022. The policy com [...]
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may [...]
Will the Japanese Yen Keep Weakening Against the US Dollar?
USD/JPY FORECAST: SLIGHTLY BEARISHUSD/JPY has risen sharply this year, but it may have topped out amid peak Fed hawkishness Rapidly slowing U.S. econ [...]
BOC Might Stop Rate Hikes Soon, As Housing Starts Weakening
Central banks have turned very hawkish this year, as inflation keeps surging higher, especially in the last few months. 50 bps rate hikes have become [...]
FOREX-After Wednesday’s rally, safe-haven dollar is weakening, but risk sentiment remains fragile
Safe-haven currencies, such as the dollar, slipped on Thursday, taking a breather after large gains the previous day as Wall Street equities fell ami [...]
Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten
Cryptocurrency’s usage as a payment vehicle/exchange of value is what should drive its valuation in the long run. However, the market has been trading [...]
Japanese Yen Tanks Against a Roaring US Dollar Post CPI. Will Yen Resume Weakening?
Japanese Yen, USD/JPY, US Dollar, US CPI, China, AUD/USD - Talking PointsThe Japanese Yen came under pressure as US CPI pushed rates and USD upAPA [...]
Weakening US Labor Market to Weigh on USD/CAD
USD/CAD WEEKLY FORECAST: MILDLY BEARISHUSD/CAD has corrected decrease and fallen greater than 400 pips within the final two weeksWeak spot within [...]
British Pound (GBP) Outlook: GBP/AUD, GBP/NZD, GBP/JPY Weakening
GBP worth, information and evaluation:The British Pound is transferring decrease in opposition to the Euro, the Japanese Yen, th [...]
Manchin Says He Will By no means Again Weakening Filibuster
Senator Joe Manchin III of West Virginia, a key reasonable Democrat, on Wednesday reaffirmed his vow to guard the filibuster within the evenly divi [...]
RBA on Protection; Knowledge Developments Weakening; PMIs Forward
Basic Forecast for the Australian Greenback: ImpartialThe final week of March brings a couple of quieter financial calendar for [...]
METALS-Copper dips in London as indicators of weakening demand weigh
HANOI, March 12 (Reuters) - Copper costs fell in London on Friday as indicators of [...]
Bitcoin hits $51Ok as short-term bull case strengthens amid weakening greenback
The U.S. greenback index (DXY) is displaying indicators of a short-term prime as the worth of Bitcoin (BTC) demonstrates alerts of a short-term ral [...]
Fed warns U.S. financial restoration is weakening
The Federal Reserve constructing is seen in Washington, D.C. | Manuel Balce Ceneta/AP Picture
The Federal Reserve on Wednesday struck a extra [...]