Markets News

China's Central Bank Tells State Banks to Slow Down on Buying U.S. Dollars Key Points: Content: The People's Bank of China (PBOC) has reportedly advised major state-owned banks to reduce...

UBS Raises USD/ZAR Forecast Amid Economic and Political Challenges Key Points: UBS Raises USD/ZAR Forecast: UBS has adjusted its forecast for the USD/ZAR currency pair due to South Africa's ongoing...

UBS Downgrades EUR/CHF Forecast Amidst European Political Uncertainty Key Points: UBS has reduced its forecast for the EUR/CHF currency pair, citing upcoming market volatility and election-related risks in Europe and...

Key Points Breakdown Content: Danske Bank analysts expect the EUR/NOK (Euro to Norwegian Krone) currency pair to decline further in the coming months. Market Impacts: A likely stronger Norwegian Krone...

Key Points UBS Downgrades AUD/USD Forecast: UBS has cut its forecast for the Australian dollar against the U.S. dollar (AUD/USD), citing the Australian currency as a major victim of ongoing...

China’s Central Bank Takes Steps to Support the Yuan Key Points: China’s central bank has reportedly guided state-owned banks to reduce their purchases of U.S. dollars in the foreign exchange...

US Dollar Weakens Amid US-China Trade Tensions 🟩 Key Points: The US dollar has weakened as the US-China trade tensions grow more serious. Investors are shifting their money into safer...

🇨🇳 Chinese Yuan Hits 17-Year Low Amid U.S.-China Trade War Rhetoric The Chinese yuan has dropped to its weakest level against the U.S. dollar since 2007, now trading at around...

Japan's Stance on U.S. Treasuries Amid Political Tensions Key Points: Japan has stated it will not sell its U.S. Treasury holdings to push back against possible tariffs from Donald Trump...

Key Points The US dollar weakened against the Japanese yen and Swiss franc, while the Chinese yuan fell to a record low against the dollar. Expectations of delayed Federal Reserve...