UBS projects USD/CNY to hit 7.5 by end of 1H25 amid trade tensions
UBS today provided a forecast for the USD/CNY exchange rate, projecting it to reach 7.5 by the first half of 2025. This prediction comes amid ongoing trade tensions between the...
UBS today provided a forecast for the USD/CNY exchange rate, projecting it to reach 7.5 by the first half of 2025. This prediction comes amid ongoing trade tensions between the...
The Dow's losing streak was its longest in nearly a half-century, spoiling the mood of what has been a near-universal rip-roaring rally in 2024.
The latest investor updates on stocks that are trending on Wednesday.
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Pound falls as inflation rises to 2.6% in November.
-- Most Asian currencies moved in a tight range on Wednesday, while the dollar remained near three week highs as traders hunkered down in anticipation of more cues on...
-- The dollar will likely continue to outmuscle its G10 rivals in the months ahead, supported by economic strength, before turning lower in the back half of 2025 as...
Macquarie highlighted the political unrest in Canada as a potential opportunity for investors, particularly in the currency markets. Following the resignation of Chrystia Freeland...
Bank of America (BofA) reiterated its positive outlook for the British Pound against the Swiss Franc (GBP/CHF), projecting a rise towards 1.20 by mid-2025. The firm's forecast...
- The US dollar rose Tuesday ahead of the last Federal Reserve policy meeting of the year, while stronger-than-expected earnings saw sterling keep pace. At 05:40 ET...