Hedge funds make massive retreat from short yen positions, UBS says

By Summer Zhen HONG KONG (Reuters) – Global hedge funds made a massive retreat from their bearish bets on the Japanese yen during the currency’s strong rise against the U.S.…

Microsoft and job openings to hit pre-Fed vigil

A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly…

S&P 500 Forecast & Predictions for 2024–2025 and Beyond

Financial analysts are optimistic about the S&P 500’s future and expect growth after the recent downturn. A potential interest rate cut by the Fed also fuels this optimism. Despite geopolitical…

Franc Benefits from Trump Trade. Forecast as of 30.07.2024

The snap election in France has triggered a sell-off in the USDCHF pair. The pair’s decline is fueled by the political drama in the US, where Donald Trump may return…

Macquarie bullish on USD into 2025 should Trump win

Investing.com —Β Over the past month, significant changes in US politics have shifted market expectations, overtaking the influence of the Federal Reserve (Fed) on the US dollar (USD). Initially, it seemed…

Dollar steady ahead of start of Fed meeting; traders remain wary

Investing.com – The U.S. dollar traded largely flat Tuesday, with traders wary ahead of the start of the latest Federal Reserve rate-setting meeting.Β Β  At 05:10 ET (09:10 GMT), the Dollar…

Dollar’s reign to live on even as global monetary landscape evolves

Investing.com — UBS Global Research maintains a bullish outlook on the US Dollar‘s continued dominance as the world’s primary reserve currency. Despite growing concerns about its sustainability, analysts say that…

Yen weakens on last minute doubts about BOJ hike

By Brigid Riley TOKYO (Reuters) – The dollar and yen kept within close ranges on Tuesday as traders awaited key central bank decisions, kicking off with midweek monetary policy meetings…

15 Best Forex Trading Books for Beginners and Advanced Traders

Forex trading books are an alternative to private blogs, theoretical papers, forums, and separate articles. Books consistently and deeply reveal the essence of trading, and expert authors share their experiences.…

Oil steadies near lowest since early June as China concerns weigh

By Alex Lawler LONDON (Reuters) -Oil steadied on Tuesday near its lowest levels since early June as worries about demand in China were balanced by a government pledge of policy…