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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
  • March 22, 2024

Dollar soars with U.S. economy on solid ground; sterling slumps

- The U.S. dollar rose sharply in European trade Friday, after the surprise cut by the Swiss National Bank cast the Federal Reserve in a more hawkish light. At 04:00...

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  • March 22, 2024

Asia FX sinks as dollar surges to 3-week high after SNB rate cut

-- Most Asian currencies fell sharply on Friday, coming under pressure from a rebound in the dollar as an unexpected interest rate cut by the Swiss National Bank...

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  • March 21, 2024

EUR/USD to continue to decline as ECB poised to cut rates faster than the Fed: MS

The euro will likely continue to struggle against the dollar as weaker economic growth and a faster pace of deflation in the European Union could likely force the...

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  • March 21, 2024

Dollar steadies after sharp losses; Swiss franc slumps on rate cut

- The U.S. dollar rose marginally in European trade Thursday, rebounding after the previous session’s sharp losses after the Federal Reserve maintained its...

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  • March 21, 2024

Asia FX surges, dollar sinks on Fed’s rate cut signals

-- Most Asian currencies rose sharply on Thursday, while the dollar tumbled from two-week highs after comments from the Federal Reserve kept expectations of interest...

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  • March 20, 2024

Dollar strengthens ahead of Fed decision; sterling slips after CPI

- The U.S. dollar rose in European trade Wednesday ahead of the Federal Reserve latest policy decision, while sterling fell after signs of cooling U.K. inflation and...

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  • March 20, 2024

Asia FX flat as dollar rises before the Fed; yen plumbs 4-mth lows

-- Most Asian currencies moved little on Wednesday amid caution before more signals on interest rate cuts from the Federal Reserve due later in the day, with the...

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  • March 19, 2024

Japanese yen in freefall after BOJ talks dovish, expect more weakness

-- The Japanese yen weakened substantially against its peers on Tuesday and Wednesday, as an interest rate hike by the Bank of Japan was largely overshadowed by the...

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  • March 19, 2024

Dollar gains ahead of Fed meeting; yen slumps despite BOJ hike

- The U.S. dollar gained in European trade Tuesday ahead of the start of the latest Federal Reserve meeting, while the Japanese yen slumped despite the Bank of Japan...

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  • March 19, 2024

Asia FX falls with Fed meeting on tap; USDJPY tests 150 after BOJ hike

-- Most Asian currencies fell on Tuesday as traders remained on edge before a Federal Reserve meeting this week, while the Japanese yen (USDJPY) weakened sharply after...

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