Hedge funds play a weak Japanese yen

Hedge funds play a weak Japanese yen

Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains a headache for Tokyo. The yen is down 9.4% against the dollar so far this year, and looks set for a...
May 17, 2024 at 08:09 am
Currencies :  Can the Australian dollar continue his bullish path?

Currencies : Can the Australian dollar continue his bullish path?

The Australian dollar has soared, particularly against the major commodity currencies, even if the RBA has not adopted the hawkish stance that some traders were hoping for. Nonetheless, the Australian...
Our Logo May 13, 2024 at 03:35 pm
MORNING BID EUROPE-Back on the rate cut track

MORNING BID EUROPE-Back on the rate cut track

A look at the day ahead in European and global markets from Rae Wee European markets will be waking up to a fairly quiet session with London closed for a...
May 06, 2024 at 05:30 am
Mexico peso to navigate between firm economy and political doubts

Mexico peso to navigate between firm economy and political doubts

Mexico's peso is set to navigate between a relatively firm economy on one side and some political doubts on the other, with a small depreciation expected in the medium-term, a Reuters poll of...
May 03, 2024 at 12:15 pm
Greenback strength to persist on delayed Fed rate cut calls

Greenback strength to persist on delayed Fed rate cut calls

A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other major central banks diverge, according...
May 02, 2024 at 01:31 pm
Currencies:  Sellers are relentless on the CHF

Currencies: Sellers are relentless on the CHF

With the Swiss National Bank's interest-rate cut, the Swiss currency is performing poorly. It even has the luxury of trailing the Japanese yen in terms of negative relative performance against the...
Our Logo April 29, 2024 at 02:46 pm
Forlorn dollar sunset theses gather dust : Mike Dolan

Forlorn dollar sunset theses gather dust :Mike Dolan

One by one, scenarios of a dollar demise are getting batted away yet again. A source of currency market hand-wringing for decades, tales of the dollar's decline as the dominant world...
April 19, 2024 at 07:00 am
Dollar's dominant reserve currency status to endure, says Morgan Stanley

Dollar's dominant reserve currency status to endure, says Morgan Stanley

The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report on Thursday. ...
April 18, 2024 at 11:25 am
MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SE…

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SE…

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SEES MORE STRENGTH SHORT TERM VS EURO, YUAN ...
April 18, 2024 at 11:21 am
Funds make biggest bet against yen since 2007:  McGeever

Funds make biggest bet against yen since 2007: McGeever

Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound from its 34-year low against the dollar, the...
April 16, 2024 at 12:30 am
Why is the Japanese yen so weak?

Why is the Japanese yen so weak?

Japan's yen is at three-decade lows and under enough pressure to prompt strong official warnings of intervention to prop it up. The yen has fallen despite Japan's first interest rate...
April 11, 2024 at 07:34 am
Currencies:  Would you like some more carry?

Currencies: Would you like some more carry?

The end of the quarter is always a good time to take stock of what went well and what needs to be improved. New opportunities are sure to emerge over the next few weeks, so let's take a look at what...
Our Logo April 02, 2024 at 04:34 pm
Long dollar bets explode, as funds join the dots:  McGeever

Long dollar bets explode, as funds join the dots: McGeever

Looked at through a currency market lens, the verdict from hedge funds on the recent wave of major central bank policy meetings could not be clearer - don't bet against the mighty dollar. ...
April 01, 2024 at 01:37 pm
Currencies:  The Swiss franc takes a beating

Currencies: The Swiss franc takes a beating

The Swiss National Bank's surprise decision to cut its key rates by 25 basis points did not go unnoticed. In the wake of this decision, which was made possible by the effectiveness of the Bank's...
Our Logo March 25, 2024 at 02:55 pm
Currencies:  Focus on the Renminbi

Currencies: Focus on the Renminbi

After reading so many articles on the numerous attempts by the authorities to revive the Chinese economy, it seemed only fitting to take a closer look at the currency. But why? If you want to invest...
Our Logo March 19, 2024 at 02:47 pm
Week Ahead for FX, Bonds :  Fed, BOJ Decisions the -2-

Week Ahead for FX, Bonds : Fed, BOJ Decisions the -2-

It expects CBC to stay on hold for the rest of 2024. CBC holding rates steady relative to the Fed would likely bode well for the Taiwan dollar, said the UOB team led by head of research Suan Teck...
March 17, 2024 at 09:15 pm
Bitcoin bursts above $65,000, record high comes into view

Bitcoin bursts above $65,000, record high comes into view

Bitcoin rallied to a two-year high on Monday, breaking above $65,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $65,537...
March 04, 2024 at 11:32 am
Dollar tentative as investors await Fed minutes

Dollar tentative as investors await Fed minutes

The U.S. dollar was steady on Wednesday as investors tempered their risk appetites ahead of the release of minutes of the Federal Reserve's policy meeting that could offer clues on the outlook for...
November 23, 2022 at 01:57 am
Sterling climbs as dollar rally wanes

Sterling climbs as dollar rally wanes

The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three days of gains....
November 22, 2022 at 10:56 am
Currencies:  Focus on Foreign Exchange Reserves

Currencies: Focus on Foreign Exchange Reserves

Unlike your collection of foreign bills, a country's foreign currency collection is both larger and more complex to manage. Your pink ceramic pig filled with Canadian dollars, Japanese yen or Indian...
Our Logo November 02, 2022 at 04:21 pm