Swiss franc and yen surge as DeepSeek AI shakes U.S. tech dominance

There is just one to take note of, as highlighted in bold. That being for USD/JPY at the 157.00 level. And the expiries should help to act alongside offers to keep a lid on price action in the session ahead, before rolling off later in the day. Besides that, the holiday-thin trading is likely to…

The U.S. dollar is facing its most significant decline in months, and traders are feeling the ripple effects. The catalyst? A recent inflation report showing barely any change in consumer prices, combined with mounting speculation that the Federal Reserve will announce a rate cut in September. Investors are now pricing in a 98% chance of…

By Soon Hyeok Choi, Rochester Institute of Technology  In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch: Homebuyers who win bidding wars tend to experience a “winner’s curse,” systematically overpaying for their new homes. I’m a real estate economist, and…

The AUDUSD has moved sharply higher after the better-than-expected US CPI data. The move to the upside has taken the price to the 0.67000 level. Just above that level is the May 2024 high at the same level. The dual level increases the levels importance going forward (and through the FOMC rate decision). Going forward…

Integral has announced that Access Bank Nigeria has adopted its technology to help deliver on its regional expansion ambitions and elevate the bank’s FX pricing and distribution capabilities. Access Bank Nigeria has implemented Integral’s tailored solutions for liquidity aggregation, pricing, distribution, and white labelling. A crucial aspect of the collaboration was the establishment of the…