USD/CHF sinks to six-week low as strong Swiss GDP, softer Retail Sales boost Swiss Franc
The Swiss Franc (CHF) extends its winning streak against the US Dollar (USD) for the third consecutive day on Monday, starting the week on a firm footing as a broadly…
Read More »Stocks slip, dollar sags as Trump tariffs remain after latest courtroom twist
Original source: https://www.investing.com/news/stock-market-news/stocks-slip-dollar-sags-as-trump-tariffs-remain-after-latest-courtroom-twist-4071723
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1996 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »What does a materially lower USD mean for Europe?
Original source: https://www.investing.com/news/stock-market-news/what-does-a-materially-lower-usd-mean-for-europe-4055511
Read More »Gold rallies past $3,350 as Trump escalates trade war with EU
Gold’s price uptrend resumed on Friday, with the yellow metal rising close to 2% daily and 5% in the week, as the US Dollar (USD) weakened further after US President…
Read More »EUR/USD: Likely to trade in a 1.1130/1.1230 range – UOB Group
There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1813 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs
USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against…
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