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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 18, 2024

UBS says dollar valuation is still not extreme

On Thursday, UBS released a report presenting a less extreme valuation of the US dollar compared to simple Purchasing Power Parity (PPP) models. The firm's preferred valuation...

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  • April 18, 2024

Dollar retreats on intervention fears; ECB "crystal clear" over possible June cut

- The U.S. dollar edged lower in early European trade Wednesday, retreating from recent highs as traders contemplated the possibility of coordinated official...

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  • April 18, 2024

Asia FX sees some relief as dollar retreats; rate fears remain in play

-- Most Asian currencies crept higher on Thursday, seeing some breathing room as the dollar retreated from an over five-month peak, although fears of higher-for-longer...

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  • April 17, 2024

EUR/USD Price Forecast 2024: Will We See Parity?

- The dollar has risen to levels against the euro not seen since November last year. Some analysts think still further gains are on the card, with the potential for...

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  • April 17, 2024

Dollar edges lower; sterling gains after CPI data

- The U.S. dollar drifted lower in early European trade Wednesday, dropping from recent highs, while sterling rose in the wake of the U.K. inflation rate slowing by...

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  • April 17, 2024

ING predicts further NZD/USD weakness amid inflation data

On Wednesday, financial institution ING provided insights into the New Zealand Dollar's (NZD) potential trajectory following the country's latest consumer price index (CPI) data....

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  • April 17, 2024

ING raises dollar forecast amid US inflation concerns

On Wednesday, ING, a prominent financial institution, revised its forecast for the US dollar, citing persistent inflation in the United States as a key factor driving a broad...

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  • April 17, 2024

UBS lowers EUR/USD forecast, sees more dollar strength in 2024

On Wednesday, UBS adjusted its foreign exchange forecasts for the year 2024, indicating a stronger outlook for the U.S. dollar against several major currencies. The bank has...

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  • April 17, 2024

Asia FX muted, dollar at 5-mth high as Powell touts higher-for-longer rates

-- Most Asian currencies kept to a tight range on Wednesday, while the dollar steadied near five-month peaks after strong U.S. economic data and warnings from the...

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  • April 16, 2024

Dollar nears five-month high; sterling slips after wage data

- The U.S. dollar remained in demand in early European trade Tuesday, climbing to a five-month high, while sterling retreated after relatively benign wage data. At...

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