Tag: dollar
Mexican Peso Drops to Two-Week Low as USD/MXN Stays Near 18.50
The Mexican Peso has experienced some ups and downs against the US Dollar recently, with a weekly decline of over 2%. The Federal Reserve's...
Fed Rate Cuts Expected to Cause Dollar Plunge – Market Analysis
The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost...
Dedollarisation: Transitioning to a Multipolar World Economy
In the first half of 2024, there has been a noticeable increase in the momentum of dedollarisation in the global financial landscape. This movement...
Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive – Forex Market Update
Last week, the focus was on the Japanese Yen as it hit multi-decade lows, remaining the worst-performing currency. Despite the decline, Japanese authorities did...
US Dollar Index Hits Two-Month High Before US PCE Data
The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await...
GBP/USD Weekly Analysis: Bearish Turnaround Deepens
The GBP/USD pair saw a significant decline last week as the Cable hit fresh lows on Friday. This bearish trend was driven by upbeat...
Breaking Financial News
Adani Group Responds to New York Fraud and Bribery Allegations
Adani Group, a prominent company in India, has recently faced serious allegations of bribery and fraud by U.S. authorities. The chairman of the group,...
