BofA: Corporate demand behind USD resilience as investors maintain bearish stance
BofA: Corporate demand behind USD resilience as investors maintain bearish stance
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BofA: Corporate demand behind USD resilience as investors maintain bearish stance
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BANGKOK (Reuters) -A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a weak dollar in the face of stronger regional currencies like the Yuan and Yen. The baht hit its highest level in 31 months on Monday,…
RBNZ Gov. Hawkesby says decision to hold a rate vote was a healthy sign Recap: BoJ Ueda says Bank on alert to impact of super-long yield swings on borrowing costs BOJ likely to keep cutting bond purchases, says BofA NZD/USD bouncing after the expected RBNZ 25bp cash rate cut China MofCom offers strong opportunities to…
The USDCAD is extending to fresh session highs, and in the process, has moved back above the 38.2% retracement of the 2025 trading range, which comes in at 1.40176. Reclaiming that level strengthens the bullish bias on the daily chart, signaling that buyers are regaining technical control after the recent consolidation. From a trading perspective,…
The Dash 2 Trade market has been struggling with bearish pressure, this is leading to a decline in prices of the market. However, there is a sign of optimism as the price seems to have found support at the $0.0013 level. This could indicate a potential reversal of the downtrend, as bullish sentiment is beginning…
After the sharp rally in April, which saw gold break above $3,500 per troy ounce for the first time, the market has entered a phase of consolidation. As of now, XAU/USD is holding within the $3,285–$3,400 range, with the price most often stabilising around $3,350. Analysts emphasise that this is not a pullback but rather…
Hey fellow shoppers! If you’ve ever found yourself asking, “are stores open on Easter Sunday?”, you’re not alone. Easter Sunday has a sneaky way of creeping up on your plans. You grab your keys, head out for that one last-minute item… only to find locked doors and a parking lot so empty it echoes. Yeah—been…