The New Zealand Dollar fell 0.12% against the USD as hawkish Fed remarks and geopolitical risks bolstered the Greenback. The NZD/USD pair retreated 0.12% to 0.5754 during Monday’s session, pressured by a stronger US Dollar amid hawkish Federal Reserve commentary and rising
USD/CNY fix below 6.80 guides RMB appreciation The USD/CNY fix below 6.80 indicates policymakers are comfortable with further RMB gains. This is the first such level since February 2023. The stronger fix suggests managed appreciation of the RMB.
Geopolitical risks and inflation concerns lift the US Dollar, pushing the yen to multi-decade lows against the greenback. The Japanese Yen weakened against the US Dollar, with USD/JPY climbing to 162.40 on Monday as escalating tensions in the Strait of Hormuz and policy un
UOB analysts maintain a cautious outlook for the Singapore dollar, citing resistance at 1.2945-1.2955 against the US dollar. The USD/SGD pair opened stronger following a quiet session, with tentative upward momentum building but facing resistance near 1.2945–1.2955. Analys
Analysts maintain a 1.2890–1.2990 trading range for the pair over the next 1-3 weeks, citing tentative upward momentum. USD/SGD opened stronger today, with UOB analysts noting tentative upward momentum after a quiet prior session. The pair faces resistance near 1.2945–1.29
The government evaluates a regulatory framework to adopt Tether’s stablecoin for transactions, savings, and trade to ease dollar scarcity. Bolivia is exploring a regulatory framework to recognize USDT as a legal payment method, aiming to address a persistent shortage of US
Escalating geopolitical risks drive investors toward the safe-haven USD, pressuring the risk-linked Australian Dollar. The Australian Dollar declined against the US Dollar on Monday, with AUD/USD trading near 0.6930 after opening around 0.6950. Rising tensions between the
Escalating geopolitical risks drive safe-haven flows into the USD, pressuring the risk-linked AUD near session lows. AUD/USD fell to 0.6930 in early trading Monday, down from an opening level of 0.6950, as heightened US-Iran tensions boosted demand for the safe-haven USD.
The Swiss Franc falls 0.5% against the US Dollar as geopolitical risks drive safe-haven flows away from CHF. The Swiss Franc declined to a more than two-week low against the US Dollar on Monday, trading at 0.8126, up 0.5% for the day. The move marks the highest level for U
USD/CHF rises 0.5% to 0.8126 as geopolitical risks boost safe-haven demand for the dollar despite modest DXY gains. The Swiss Franc (CHF) fell to its lowest level against the US Dollar (USD) in over two weeks, trading at 0.8126, up 0.5% on Monday. Renewed hostilities in th
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