USD strength does not necessarily make dollar a buy, UBS says

USD strength does not necessarily make dollar a buy, UBS says

10293631Dec 3, 2024

Investing.com — The US dollar has surged to two-year highs following the recent US presidential election, reversing from its prior

Other Important News

South African rand weaker ahead of manufacturing PMI

South African rand weaker ahead of manufacturing PMI

10293631Dec 2, 20241 min read

JOHANNESBURG (Reuters) – South Africa’s rand weakened early on Monday, ahead of a purchasing managers’ index (PMI) survey for the

Euro drops 0.50% versus strengthening dollar, France in focus

Euro drops 0.50% versus strengthening dollar, France in focus

10293631Dec 2, 20241 min read

(Reuters) – The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France. France’s

Exclusive-Russia’s VTB CEO says he’s not sure about optimistic scenario for Ukraine deal under Trump

Exclusive-Russia’s VTB CEO says he’s not sure about optimistic scenario for Ukraine deal under Trump

10293631Dec 2, 20241 min read

MOSCOW (Reuters) – Any peace deal with the West over Ukraine should be long-term and not need to be returned

Exclusive-Russia’s VTB does not expect Western sanctions to be lifted soon

Exclusive-Russia’s VTB does not expect Western sanctions to be lifted soon

10293631Dec 2, 20241 min read

MOSCOW (Reuters) – Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon,

Exclusive-Russia’s VTB expects 2025 profit at 400 billion roubles

Exclusive-Russia’s VTB expects 2025 profit at 400 billion roubles

10293631Dec 2, 20241 min read

MOSCOW (Reuters) – Russia’s second largest lender VTB expects 2025 profit to be 400 billion roubles ($3.76 billion) next year,

BofA sees risk of significant rebalancing outflows from USD

BofA sees risk of significant rebalancing outflows from USD

Nov 29, 20242 min read

Investing.com — Bank of America have released an estimate of month-end…

Asia FX gains on Fed rate cut bets; yen hits 1-mth high on strong inflation read

Asia FX gains on Fed rate cut bets; yen hits 1-mth high on strong inflation read

Nov 29, 20243 min read

Investing.com– Most Asian currencies edged higher on Friday as the…

Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets

Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets

Nov 29, 20242 min read

Investing.com– The Japanese yen hit its strongest level against the…

Dollar heads on holiday; won slips on surprise rate cut

Dollar heads on holiday; won slips on surprise rate cut

Nov 28, 20243 min read

By Tom Westbrook SINGAPORE (Reuters) -The dollar steadied on Thursday…

Asia FX slips, dollar steady on rate uncertainty; S.Korean won slides on BOK cut

Asia FX slips, dollar steady on rate uncertainty; S.Korean won slides on BOK cut

Nov 28, 20243 min read

Investing.com– Most Asian currencies edged lower on Thursday as the…

Bitcoin last up 5.05% at $96,286

Bitcoin last up 5.05% at $96,286

Nov 27, 20241 min read

(Reuters) – Bitcoin rose 5.05% to $96,286 at 2130 GMT…