Tag: currency
Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
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Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Blame Game Escalates in Iran as Rial Plunges to Record Low
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The Iranian rial has hit a historic low against the US dollar amid worsening economic uncertainty, fueled by deteriorating prospects for direct negotiations with...
Avanza Investors Shift Focus from U.S. to European Funds in March
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Swedish online broker Avanza Bank has reported a significant shift among its fund investors, who have increasingly moved their capital from U.S.-focused funds to...
GBP/USD Price Continues Downward Correction – Forecast for March 27, 2025
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The GBP/USD exchange rate dipped further in the latest intraday trading on March 27, 2025, maintaining its downward correctional trend. The pair is currently...
EUR/USD Price Continues to Decline Amid Downward Correction – Forecast for March 27, 2025
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The EUR/USD exchange rate extended its losses in intraday trading on March 27, 2025, as the market continues to be dominated by a downward...
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
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TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
Australia’s Job Market Decline Fuels Rate-Cut Speculation
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SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs, primarily in full-time roles. The downturn, which...
Indonesia Takes Action to Stabilize Currency and Market After Decline
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Indonesia's financial authorities have implemented a series of measures aimed at stabilizing the financial markets following a sharp fall in the country's stock market...
Ethereum (ETHUSD) Price Forecast – March 14, 2025
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Ethereum (ETHUSD) maintains a bullish stance, edging closer to the key resistance level of $1,915. This level, along with the $1,825 support, serves as...
Macro Funds Give Up Early Gains Amidst Mixed Hedge Fund Performance in February
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February was a month of mixed performance for hedge funds, with volatility proving to be both a challenge and an opportunity. According to analysis...
Ethereum Price (ETHUSD) Opens with Bullish Momentum – Forecast for March 14, 2025
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Ethereum (ETHUSD) has shown a positive start today, despite breaking through the support line of a bearish pennant formation noted in our previous analysis....
EURGBP Sees Significant Gains – Forecast for March 12, 2025
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The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315. This upward movement has resulted in significant...