Swiss National Bank may tolerate strong Franc—until it hurts

Forex is a special place. In winter, bears hibernate. In the international currency market, the “bears” for the US dollar, on the contrary, come out of their dens. Standard Bank warns of a triple blow for the greenback in the form of a change in the Fed chairman, the abolition of tariffs by the Supreme…

US President-elect Trump’s proposed policies may trigger a further upside movement on longer-term US Treasury yields. A break above the 4.49% on the US Treasury yield may see a further potential rally towards 5.20%. A further reduction of the 2-year and 10-year yield spread between the Australian government sovereign bonds and US Treasuries may put further downside…

The Australian Securities and Investments Commission (ASIC) said Thursday that it has filed civil penalty proceedings against Ausfinancial Pty Ltd, trading as Swoosh Finance, in the Federal Court.  ASIC alleges the lender breached responsible lending obligations and failed to comply with design and distribution obligations (DDO). According to ASIC, Swoosh entered loans with 11 consumers…

Introduction The foreign exchange market experienced notable turbulence as the Mexican Peso weakened during a recent volatile trading session. This movement has sparked discussions about the underlying factors influencing its performance, its broader implications on the global forex market, and the potential paths ahead. In this article, we delve into the details of the peso’s…

Investing.com– Most Asian currencies drifted lower on Monday with the South Korean won leading losses amid an intensified political crisis in the country, while the U.S. dollar was largely steady ahead of a key inflation report due this week. Investors’ appetite for riskier assets was also eroded by geopolitical tensions in the Middle East, after…