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Recent Posts

  • Swedish textile recycler Syre to partner with Gap, Target as demand for sustainable clothing grows
    June 24, 2025
  • Uber stock rises as Waymo autonomous rides launch in Atlanta
    June 24, 2025
  • Uber, Waymo launch autonomous ride-hailing service in Atlanta
    June 24, 2025
  • April 23, 2024

BofA anticipates rise in USD/CNY, bearish on Asian currencies

Bank of America (BofA) forecasted that the USD/CNY exchange rate is expected to increase, projecting a rise to 7.35 by the second quarter of 2024 and reaching a peak of 7.45 by the...

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  • April 23, 2024

UBS raises USD/JPY forecast amid strong dollar

UBS adjusted its forecast for the USD/JPY currency pair, citing the strength of the US dollar as a key factor. The firm increased its quarter-end predictions for the pair to...

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  • April 23, 2024

UBS adjusts USD/PLN forecast amid Fed rate and geopolitical factors

UBS revised its forecast for the USD/PLN currency pair, citing recent changes in the Federal Reserve's interest rate outlook and escalating tensions in the Middle East. The Swiss...

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  • April 23, 2024

Investors are bullish on dollar following Fed repricing and geopolitical events - BofA

Bank of America reported a bullish sentiment toward the US dollar among investors following a series of meetings. The bank noted that the combination of Federal Reserve repricing...

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  • April 23, 2024

BofA warns of potential MoF FX intervention as USD/JPY nears 155

On Tuesday, Bank of America (BoA) highlighted the possibility of foreign exchange (FX) intervention by Japan's Ministry of Finance (MoF) as the USD/JPY currency pair approaches the...

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  • April 23, 2024

BofA sees limited upside for USD/CAD amid BoC rate cut outlook

On Tuesday, Bank of America (BofA) analysts suggested that there might be a limit to how much the U.S. dollar (USD) can appreciate against the Canadian dollar (CAD), despite recent...

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  • April 23, 2024

Dollar calm ahead of week's key data; euro gaons after PMI release

- The U.S. dollar steadied in early European trading Tuesday, while a bounce in European services activity data in April helped the euro. At 05:25 ET (09:25 GMT), the...

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  • April 23, 2024

Asia FX muted before more rate cues; yen shrugs off intervention fears

-- Most Asian currencies moved little on Tuesday even as easing safe haven demand saw the dollar weaken slightly, although anticipation of more cues on the U.S....

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  • April 22, 2024

Citi predicts continued GBP weakness amid dovish BoE signals

Citi FX analysts highlighted a dovish shift in the Bank of England's (BoE) recent remarks, which has led to a weaker British Pound (GBP) at the start of the week. The comments from...

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  • April 22, 2024

US Dollar to stay "stronger for longer" - Goldman Sachs

- The U.S. dollar has been one of the success stories of the year so far, and Goldman Sachs has updated its forecasts, leaning into the direction of the greenback...

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