Pound dips against strong dollar as investors look to rate cut timings
Despite its recent strength, the pound is still below levels seen before the Brexit vote eight years ago.
Despite its recent strength, the pound is still below levels seen before the Brexit vote eight years ago.
-- Most Asian currencies ticked lower on Wednesday as the dollar recouped more of its recent losses, while the Australian dollar was an outlier as sticky inflation...
UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy's soft landing has been favorable...
UBS' latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of...
UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank...
The US dollar has been going sideways against the Japanese yen for a while now, trying to stabilize against the Japanese yen overall as the previous uptrend line is being paid close attention to. With this, the market is now trying to turn things around.
The Aussie dollar continues to see a lot of upward pressure, as the market is at the top of a massive range. At this point in time, the market is likely to see a lot of questions asked about the global economy.
Citi released a statement addressing the potential outcomes of the Liberal Democratic Party (LDP) presidential election in Japan and their impact on the USD/JPY currency pair. The...
On Tuesday, UBS indicated that a slowing U.S. economy could lead to a weaker U.S. dollar as the Federal Reserve may start to ease monetary policy. For investors, UBS sees the...
- The U.S. dollar traded largely unchanged in early European trade Tuesday supported to a degree by raised geopolitical tensions, but remained near recent lows as...