Analysis: Currencies

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. ...

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 ...

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DO…

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DOLLAR'S INTERNATIONAL USE ...

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...

Currencies: The euro pays the price

At last Thursday's ECB meeting, Christine Lagarde clearly raised the scenario of a possible interest rate cut as early as June, at the risk of weighing on the performance of the European currency.

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...

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...

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. ...

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...

Chinese yuan, Malaysian ringgit lead gains in Asian currencies

The following table shows rates for Asian currencies against the dollar at 0280 GMT. CURRENCIES VS U.S. DOLLAR Currency ...

S.Korean won, Malaysian ringgit weaken most among Asian currencies

The following table shows rates for Asian currencies against the U.S. dollar at 0201 GMT. Currency Latest bid Previous Pct day Move Japan yen ...

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...

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 Kin....

Currencies: Dollar- Clouds on the horizon

It won't be long before the prospect of an interest rate cut in the United States starts to stir the pot. And in this game, the dollar no longer enjoys major fundamental support.

Forex: Descent into Hell

No, we're not here to tell you about Orpheus' epic journey to retrieve his beloved Eurydice from the Underworld. But as we mentioned last week, the yen has investors unanimously against it. After all,...

Currencies: The end of consolidation is imminent for the USDZAR

Despite an attractive yield differential, the South African rand is unable to counterbalance the US dollar. There's no shortage of explanations for this: lower annual growth and a much higher...

Currencies: New opportunity for the Swiss franc

The Swiss franc is traditionally regarded as a safe haven. In the current context of soaring equity indices, it is therefore logical to expect it to underperform the other main currencies. But does...

Currencies: Caution on EURHUF

Several months ago, we drew your attention to the carry trade opportunities offered by certain currencies. The Mexican peso, Turkish lira and Hungarian forint fall into this category. This week, we're...

Currencies: The US dollar benefits from delayed rate cut expectations

Investors gambled and lost. While speculation was rife that the Fed would cut rates for the first time as early as next March, the Fed remained firm, even if it conceded that the future move would...