The Japanese yen wavered on Wednesday as investors reacted to the ongoing bearish bets on the US dollar, soaring Japanese exports, and wait for the upcoming Japanese consumer inflation report. The USD/JPY exchange rate was trading at 153.55 on Wednesday, down by nearly 4% from its highest level this year. Japan exports jump, inflation report
The USD/INR exchange rate continued its recovery this year, moving from a low of 83.77 in May last year to the current 91. This recovery continued this week as Indian bond yields and business activity rose. Indian bond yields and business activity are rising The USD to INR exchange rate rose on Friday as India
The ASX 200 Index and the AUD/USD exchange rate continued the uptrend this week as demand for Australian assets jumped. The index jumped to $9,060, its highest level since October 29, and 8% above its lowest level in November last year and above its 2025 low. Similarly, the AUD/USD exchange crossed the important resistance level
The post Here’s why the Ibovespa Index and Brazilian real are soaring appeared first on Invezz
The USD/ZAR exchange rate remained under pressure, moving from a high of 19.93 in April last year to the current 16. The South African rand surge may accelerate in the coming weeks, helped by the strong macro data from the country. South African exports are soaring despite US tariffs Macro data released on Monday showed
The post Is the yen rally signaling a shift in global markets and dollar confidence? appeared first on Invezz
The post GBP/USD forecast ahead of US NFP data, Bank of England decision appeared first on Invezz
The post EUR/USD forecast: recoils as Kevin Warsh odds jump appeared first on Invezz
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies swinging on US dollar weakness, and corporate uncertainty resurfacing at Amazon after a prematurely sent internal email fueled layoff fears. Asian markets mixed as Wall Street hits record Asia-Pacific markets traded mixed,
The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last eleven consecutive weeks as the South African rand surge gained steam. It is down by over 20% from its highest level in April last year. USD/ZAR crashes amid the US dollar sell-off The