© Reuters. The US dollar crisis in Bangladesh has intensified as the open market rate soared to Tk128 per dollar Today, a sharp increase from the rate earlier in the week. Despite the Bangladesh Bank’s (BB) stringent directives and warnings of harsh penalties for non-compliance, banks and money changers continue to bypass BB’s fixed exchange
Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US Nonfarm Payrolls (NFP) came in well below expectations the Pound Sterling (GBP) climbed 1.6% from Friday’s opening bids near 1.2190, and the GPB/USD is up almost 2.5%
Gold (XAU/USD) Analysis, Prices, and Charts US bond yields hit fresh multi-year highs. Gold readying for another shot at $2k. Learn How to Trade Gold with our Free Guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar The precious metal made an attempt to break $2,000/oz. late Friday but was unable to
US Dollar Forecast (DXY), USD/JPY – Prices, Charts, and Analysis 10-year US Treasury yields a whisker away from 5.0%. Chair Powell speaks at the Economic Club of New York. USD/JPY remains below 150.00. Download our Brand New Q4 US Dollar Outlook Recommended by Nick Cawley Get Your Free USD Forecast Sellers are in complete control
© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the
GOLD OUTLOOK & ANALYSIS Higher US Treasury yields add to gold pains. ADP employment change, ISM services PMI and Fed speakers under the spotlight today. Oversold RSI a sign of gold upside to come? Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices are trading lower for the 8th consecutive
S&P 500 OUTLOOK: S&P 500 falls towards trendline support at 4,300 amid rising U.S. rates. U.S. Treasury yields blast higher, pushing the U.S. dollar to its strongest level since November 2022 and sparking risk off sentiment. This article looks at key technical levels worth watching on the S&P 500 in the coming days. Trade Smarter
US DOLLAR FORECAST The U.S. dollar, as measured by the DXY index, continues its impressive rebound, gaining strength from the surge in U.S. Treasury rates The rise in bond yields has a positive impact on USD/JPY, propelling the currency pair to its highest levels in almost four weeks. Market focus remains on the highly anticipated
USD/JPY FORECAST: USD/JPY slumps in late trading, erasing early session gains despite soaring U.S. Treasury yields Media reports that the Bank of Japan could tweak its yield curve control program boosts the yen across the board BoJ will announce its monetary policy decision for its July meeting on Friday (Japan time) Recommended by Diego Colman