Aussie to Continue Its Rally. Forecast as of 02.10.2024
If the economy of your main trading partner gets an economic adrenaline shot, you can anticipate an increase in external demand and a strengthening of your currency. Let’s discuss this…
US Dollar Dives: Fed Cuts Spark $4B Yen Carry Trade Shakeup
Two weeks ago, the Federal Reserve (Fed) began a widely anticipated cycle of interest rate cuts. As a result, the US dollar exchange rate fell to its lowest level since…
Bank of England says global asset prices remain ‘stretched’
By David Milliken and Suban Abdulla LONDON, Oct 2 (Reuters) – Global asset prices remain stretched and are vulnerable to a big fall as investors grow more concerned about geopolitical…
UBS wary of chasing dollar weakness ahead of payrolls
Investing.com – The price of Brent soared and equity markets suffered weakness in response to the Iranian missile attacks on Israel, but the US dollar gains were more muted, noted…
Middle East energy flows not expected to be interrupted by rising tensions – UBS
Investing.com — Escalating tensions in the Middle East following an aerial attack on Israel by Iran will not lead to sustained interruptions in energy flows out of the oil-rich region,…
Crude oil soars on raised tensions after Iranian missile attack
Investing.com — Oil prices surged Wednesday, adding to the previous session’s sharp gains after Iran launched a missile attack on Israel, escalating tensions and potentially disrupting crude output from the…
Safe haven dollar holds gains as war widens in Middle East
By Tom Westbrook and Harry Robertson SYDNEY/LONDON (Reuters) -The dollar held onto its biggest gains in a week on Wednesday after an Iranian missile attack on Israel drove the buying…
Oil prices jump more than 2% as Middle East tensions escalate
By Paul Carsten LONDON (Reuters) -Oil prices climbed more than 2% on Wednesday on rising concerns that Middle East tensions could escalate, potentially disrupting crude output from the region, following…
Saxo Expands Offerings for “Buy-and-Hold Investors”: Launches SaxoInvestor in the UK
The UK unit of Denmark-headquartered Saxo Bank today (Wednesday) announced the launch of SaxoInvestor, an investment platform targeted at “buy-and-hold and active investors” in the country. SaxoInvestor Launches According to…
Dollar benefits from safe-haven status amid Middle East turmoil
Investing.com – The U.S. dollar rose Wednesday, with the safe haven adding to the previous session’s sharp gains as an Iranian missile attack on Israel escalated tensions in the volatile…
