US Dollar Price Forecast: The bullish outlook remains in play near 106.50
US Dollar Price Forecast: The bullish outlook remains in play near 106.50
Thu, 21 Nov 2024 01:31:17 -0500
Fed's Williams sees inflation cooling and interest rates falling further
In a Barron's interview published on Thursday, New York Federal Reserve Bank (Fed) President John Williams said that he “sees inflation cooling and interest rates falling further.”
Thu, 21 Nov 2024 01:26:00 -0500
Natural Gas and Oil Forecast: Will OPEC+ Output Cuts Delay Price Recovery?
Geopolitical risks and rising U.S. inventories challenge oil recovery as OPEC+ debates delaying production increases.
Thu, 21 Nov 2024 01:15:37 -0500
BoJ's Ueda: We decide monetary policy meeting by meeting on basis of information available
More comments flowing in from Bank of Japan (BoJ) Governor Kazuo Ueda, as he now speaks on the monetary policy and the exchange rate value.
Thu, 21 Nov 2024 01:08:00 -0500
Dollar Upside On The Cards Amid Geopolitical Tensions, Cautious Fed And Solid US Economic Data, Says Expert
As geopolitical tensions escalate in the Middle East, Ukraine has launched U.K.-made Storm Shadow missiles into Russia and the Kremlin has loosened its policy for using nuclear weapons. However, Russian President Vladimir Putin said he is open to a peace deal brokered by President-elect Donald Trump.
Thu, 21 Nov 2024 01:00:58 -0500
ECB's Villeroy: Balance of risks on growth and inflation is shifting to the downside
Speaking at a conference in Tokyo on Thursday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said that “the balance of risks on growth and inflation is shifting to the downside.”
Thu, 21 Nov 2024 00:49:38 -0500
Netherlands, The Consumer Confidence Adj down to -25 in November from previous -22
Netherlands, The Consumer Confidence Adj down to -25 in November from previous -22
Thu, 21 Nov 2024 00:30:03 -0500
Netherlands, The Unemployment Rate s.a (3M) unchanged at 3.7% in October
Netherlands, The Unemployment Rate s.a (3M) unchanged at 3.7% in October
Thu, 21 Nov 2024 00:30:02 -0500
BOJ Ueda says will 'seriously' take into account FX impact on economy, prices
Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will "seriously" take into account foreign exchange-rate moves in compiling its economic and price forecasts.
Thu, 21 Nov 2024 00:23:36 -0500
BoJ's Ueda: Technological advancements bring new risks to financial stability
Bank of Japan (BoJ) Governor Kazuo Ueda doesn't touch upon monetary policy and economic outlook during his scheduled appearance on Thursday.
Thu, 21 Nov 2024 00:18:14 -0500
ICYMI - OPEC+ could further extend voluntary cuts at its December meeting
OPEC+ is scheduled to meet on December 1. Reuters (out overnight) cite unnamed sources for info: It may push back output increases when it meets on Dec. 1 due to weak global oil demand according to three OPEC+ sources familiar with the discussions Ministers last shelved the increase for a month when they met virtually on Nov. 3 Two other OPEC+ sources said it was too early to say what the group will decide.
Wed, 20 Nov 2024 23:30:44 -0500
China's government advisers advocate for 2025 growth target of around 5%
Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.
Wed, 20 Nov 2024 23:28:00 -0500
US firms plan for Trump China tariffs - stockpiling, raising prices?, bailing out of China
The Wall Street Journal (gated) with the report. Probably most interesting, for China, are moves to diversify supply chains away from the country:
Wed, 20 Nov 2024 22:28:54 -0500
Cautious Fed outlook, geopolitical risks to keep rupee on the defensive
The Indian rupee is likely to stay under pressure on Thursday as the prospect of less aggressive interest rate cuts by the Federal Reserve and geopolitical risks from the Ukraine-Russia conflict renewed strength in the U.S. dollar.
Wed, 20 Nov 2024 21:52:44 -0500
Indian exports not adversely impacted by rupee exchange rate policy, cenbank says
The Reserve Bank of India's approach to managing the rupee's exchange rate has not had an adverse impact on the global competitiveness of the country's exports, the central bank said in its monthly bulletin released late on Wednesday.
Wed, 20 Nov 2024 21:43:50 -0500
Indian billionaire Gautam Adani charged in US over $265 million bribery scheme
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two years.
Wed, 20 Nov 2024 21:27:19 -0500
Oil and Natural Gas Technical Analysis: Geopolitical Tensions and Seasonal Demand
The oil market shows no clear direction while the natural gas price surged higher on strong demand.
Wed, 20 Nov 2024 20:58:57 -0500
Adani dollar bond prices fell sharply following charges against Chairman Adani
U.S. authorities allege Chairman Gautam Adani and seven others paid $265 million in bribes to Indian government officials. Adani Group has not commented on the allegations as yet.
Wed, 20 Nov 2024 20:56:53 -0500
RBA Cash Rate: Later But Faster Cuts Now More Likely
We have revised our view of the most likely scenario for the path of the RBA's cash rate, pushing out the start date of the rate-cutting cycle from February to May, but more front-loaded than previously assumed.
Wed, 20 Nov 2024 20:55:03 -0500
Japanese Yen gains positive traction against USD, upside potential seems limited
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and drags the USD/JPY pair away from the weekly top touched the previous day. Any meaningful JPY appreciation, however, seems elusive in the wake of the uncertainty tied to the Bank of Japan's (BoJ) pace and the timing of further interest rate hikes.
Wed, 20 Nov 2024 20:53:55 -0500