The US dollar maintained its upward momentum early Wednesday after outperforming major global currencies in the previous session, supported by rising US Treasury bond yields and growing expectations of tighter Federal Reserve policy. Investors are now closely watching the US Treasury’s 20-year note auction later in the day, along with the release of minutes from
The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This consolidation may end soon as South Africa’s inflation rises and a carry-trade opportunity emerges amid rising Fed and SARB divergence. South African rand in focus as inflation jumps A report by South
The Reserve Bank of India (RBI) on Wednesday announced a dollar/rupee buy-sell swap auction worth $5 billion with a tenor of three years, scheduled for May 26, as the central bank seeks to manage liquidity conditions amid continued pressure on the Indian currency. The RBI said the decision followed a review of current and evolving
Ethereum cryptocurrency can be expected to fall to the next round support level 2000.00 (former support from the end of March and the target for the completion of the active impulse wave iii). Ethereum broke support zone Likely to fall to support level 2000.00 Ethereum cryptocurrency has been under the strong bearish pressure recently after
Geopolitical tensions drive oil higher, worsening global inflation and hawkish interest expectations, while narrow AI tech rallies trigger equity exhaustion. The US-Iran Deadlock and the Resulting Global Energy Shock The geopolitical chess match between Washington and Tehran is once again choking global energy markets, exposing the fragile underpinnings of international trade. While the United States
The dollar steadied in early Asian trading on Tuesday after US President Donald Trump paused a planned military strike on Iran to allow room for negotiations. The greenback had gained support in recent sessions as investors sought safe-haven assets amid fears that escalating tensions in the Middle East could disrupt global energy supplies and fuel
The Indian rupee fell to a fresh lifetime low on Tuesday as mounting external pressures continued to weigh on the currency. Rising oil prices linked to the prolonged Iran conflict and higher US Treasury yields added to concerns surrounding India’s external balances. The rupee weakened to 96.44 per US dollar, breaching the previous record low
The British pound slipped on Tuesday after fresh labour market data showed a sharp slowdown in hiring activity across the UK, adding pressure on sterling and raising questions over the strength of the country’s economic outlook. According to data released by the Office for National Statistics (ONS), Britain’s employers reduced hiring and posted fewer job
Unless the administration continues to pump out good news & bullish sentiment Since the US-Iran-Israel conflict, there has been a growing structural divergence between how retail traders navigate the market. Pure discretionary traders (ones that purely draw lines on charts, follow bollinger bands, ICT, etc) and quants – the latter typically don’t interpret market movements
The US dollar strengthened above 99.25, reaching its highest point since April 8, as investors reacted to rising geopolitical tensions and changing expectations around US monetary policy. The Greenback gained momentum heading into the European trading session, supported by heightened risk aversion and renewed speculation that the US Federal Reserve could keep interest rates higher