Asian CurrencySteps To Ditch US Dollar Gains Momentum In South East AsiaBaileyAugust 29, 202415Southeast Asia is increasingly becoming a central financial hub, harbouring great power and prestige. The ASEAN regions are increasingly becoming...
CurrencyDollar’s Terrible Month Is Boon for Major Currencies ElsewhereBaileyAugust 29, 202416(Bloomberg) -- The proximity of Federal Reserve interest-rate cuts is tormenting the US dollar this month, sending the world’s reserve...
Forex TradingEUR/USD Analysis Today 29/8: Profit Taking Selling (Chart)BaileyAugust 29, 202417With the bulls failing to push the EUR/USD pair beyond the resistance level of 1.1200, its highest in over a...
CurrencyAnalysis-Sterling’s stunning rally keeps twitchy currency markets on edgeBaileyAugust 29, 202413By Naomi RovnickLONDON (Reuters) - Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus...
Forex TradingEssential Steps for Establishing Your Forex Brokerage in 2024BaileyAugust 29, 202413Given the ongoing financial shifts and technological progress, launching a Forex enterprise in 2024 can be profitable for those who...
USA DollarUS Dollar advances ahead of substantial US data release, partially erasing last week’s lossesBaileyAugust 29, 20248The US Dollar trades on the back foot, weakening against most major peers, as traders focus on key US data. ...
Asian CurrencyChina’s trade with Africa hits 1.19 trl yuanBaileyAugust 29, 202417China's trade with Africa grew steadily in the first seven months of the year, rising 5.5 percent year on year...
Asian CurrencyFirm local equities push INR higher | Capital Market NewsBaileyAugust 29, 20248Last Updated : Aug 29 2024 | 5:04 PM IST The Indian rupee appreciated 10 paise to close at 83.87...
Foreign CurrencyAfrican Currencies Show Mixed Fortunes Amid Diverse Economic PressuresBaileyAugust 29, 202417What’s going on here?African currencies are seeing varying outcomes amid different economic stresses, with Kenya showing stability, Ghana and Zambia...
Asian CurrencyDid the MOF interventions work? – CommerzbankBaileyAugust 29, 20247On Wednesday, US economist Brad Setser argued in the Financial Times that the interventions by the Japanese Ministry of Finance (MOF) in favor...