Share: The USD/TRY is rising by 0.45% to 27.11. The CBRT hiked rates to 30% as expected. Due to the Fed’s hawkish pause, US yields continue to rise, pushing the pair to the upside. In Thursday’s session, the USD/TRY gained more ground and broke the 27.00 barrier while investors digested the fresh Central Bank
In the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, NZD/USD is now likely to trade within a range bound theme. Ke لینک منبع : هوشمند نیوز
Share: USD/CHF prolongs its two-month-old uptrend and climbs to its highest level since late June. The Fed’s hawkish outlook, rising US bond yields underpin the USD and remain supportive. Investors now look to the SNB policy meeting for some impetus ahead of the US macro data. The USD/CHF pair touches its highest level
Share: The NZD/USD reversed its course and fell towards 0.5930, after reaching a high of 0.5985. The US Dollar strengthened on the back of rising US yields after the Fed’s hawkish pause. The Fed kept rates at 5.25-5.50% as expected. The bank reduced projections of 100 bps of rate cuts in 2024 to
Share: The index trades within a tight range just above 105.00. The FOMC meeting will take centre stage later in the session. The Fed is expected to keep rates unchanged on Wednesday. The greenback attempts some consolidative move in the low 105.00s when measured by the USD Index (DXY) ahead of the opening
Share: On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1732, compared with the previous day’s fix of 7.1733 and 7.2926 estimated. لینک منبع : هوشمند نیوز
Share: EUR/USD risk extra losses below 1.0630, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: We expected EUR to consolidate in a range of 1.0645/1.0695 yesterday. EUR then traded in a range of 1.0653/1.0698 before closing at 1.0690 (+0.33%). The underlying tone has firmed
Share: AUD/USD continues with its struggle to gain traction on Tuesday and remains confined in a range. The September RBA meeting minutes fail to impress traders or provide any meaningful impetus. Subdued USD price action lends some support as traders move to the sidelines ahead of the FOMC. The AUD/USD pair extends its
Share: USD/SEK soared to 11.249, its highest since early November 2022. Riskbank is expected to hike 25 bps to 4%. The Fed will likely deliver a hawkish pause. The USD/SEK saw volatility on Monday, rising to a high since November 4, 2022, then settling at 11.122, securing daily losses. The USD trading somewhat soft,
Share: AUD/USD trades at 0.6435, recovering from a daily low of 0.6416, as Chinese economic data boosts market sentiment. US Federal Reserve expected to hold rates steady, with a 99% chance of no change, as investors await ‘dot-plots’ for future rate path. Michelle Bullock to begin her term as the new RBA Governor
