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Russian Ruble Forecasted to Stay Strong, Supported by Exporters’ Revenue Repatriation and Stabilization of Crude Prices
Nov 13, 2023
The Russian ruble further strengthened against both USD and EUR on Monday, November 13, with USDRUB pair dropping t...
New Israeli-Hamas Events Point to Increasing Chances of Further Oil Price Spikes
Oct 18, 2023
Tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns ab...
Market Euphoria Empowers Fed to Keep Tightening, even Though NY Fed Recession Probability Index Flashing Red
Jul 27, 2023
As was expected, yesterday, on July 26, The U.S. Fed’s Open Market Committee, FOMC, decided unanimously to increase...
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
Mar 23, 2023
EUR/USD has gained more than 100 pps at its peak and hit a monthly high above 1.0900. U.S. Treasuries rose after th...
Aussie Demonstrated Rare Breakout on Ambiguous News, but So Far Stays There
Jan 05, 2023
The Australian Dollar soared on Wednesday, January 4, making it one of the best-performing developed currencies.
DXY Dollar Index Rebounded to 104.40 Reflecting Worries over State of Global Economy by 2013 Yearend if Fed Keeps Hiking
Dec 15, 2022
The U.S. dollar, quite unexpectedly and contrary to the main market’s storyline, violently rebounded overnight.
The Euro May Struggle To Extend Its 10% Recovery vs. USD
Dec 05, 2022
After the euro’s best month since 2010, Fx traders expecting a traditional year-end rally may be disappointed.
Norwegian Kroner: the Last Victim of “Soft Panic”
Sep 01, 2022
The dollar index DXY was last flat at 108.93, hovering just below a two-decade peak reached on Monday of 109.48.