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India FX Reserves, USD down to $652B in June 24 from previous $653.71B

FxstreetJul 5, 2024

India FX Reserves, USD down to $652B in June 24 from previous $653.71B

India FX Reserves, USD fell from previous $653.71B to $652B in June 24

FxstreetJul 5, 2024

India FX Reserves, USD fell from previous $653.71B to $652B in June 24

The US Dollar (USD) dips again on Friday, painting red numbers across the board for the US Dollar against most major currencies. The main adversaries that stand out are the Swiss Franc (CHF) and the Japanese Yen (JPY), which are gaining against the

FxstreetJul 5, 2024

US Dollar under pressure ahead of NFP report

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FxstreetJul 5, 2024

AUD/USD: The pair appreciates by almost 5% since April – DBS

Investing.comJul 5, 2024

Jefferies praises Aixtron: Strong Q2 order intake despite lowered forecast

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FxstreetJul 5, 2024

NZD/USD Price Analysis: On the cusp of Falling Channel breakout

Investing.comJul 5, 2024

Bank of America's Triple Momentum Allocator favors this US chip stock

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FxstreetJul 5, 2024

GBP/USD: The pair trades upwards this week – DBS

FxstreetJul 5, 2024

Natural Gas extends losing streak after Netanyahu’s ceasefire action

Forex

AUD/USD: The pair appreciates by almost 5% since April – DBS

AUD/USD bottomed below 0.64 on April 19 and rose above 0.67 on Thursday.

Fxstreet

Jul 5, 2024

Stocks

Jefferies praises Aixtron: Strong Q2 order intake despite lowered forecast

Investing.com - The German semiconductor equipment supplier Aixtron SE (ETR:AIXGn) reported robust order intake for the second quarter. However, the company has revised its annual forecast downwar

Investing.com

Jul 5, 2024

Forex

NZD/USD Price Analysis: On the cusp of Falling Channel breakout

The NZD/USD pair rises above the round-level resistance of 0.6100 in Friday’s European session.

Fxstreet

Jul 5, 2024

Stocks

Bank of America's Triple Momentum Allocator favors this US chip stock

Bank of America (NYSE:BAC) analysts highlighted Broadcom (NASDAQ:AVGO) as a top pick within the US semiconductor industry in a note this week based on their "Triple Momentum Rank" indicator.This ranki

Investing.com

Jul 5, 2024

Forex

GBP/USD: The pair trades upwards this week – DBS

GBP/USD rallied by 0.9% to 1.2760 yesterday from 1.2645 last Friday.

Fxstreet

Jul 5, 2024

Commodities

Natural Gas extends losing streak after Netanyahu’s ceasefire action

Natural Gas price (XNG/USD) eases for a ninth straight day on Friday, nearly matching the correction it faced in February, which was ten days.

Fxstreet

Jul 5, 2024

Forex

EUR/USD: Trades firmly around 1.0830 – DBS

EUR/USD started July on a firm note. Markets are less nervous due to doubts about the far-right National Rally Party gaining an absolute majority, DBS Senior FX Strategist Philip Wee notes.

Fxstreet

Jul 5, 2024

Commodities

Citi revisits its oil prices forecast for 2024

Citi analysts say geopolitical tensions and extreme weather events remain risks for oil prices in the near term.They point to conflicts in the Middle East and Hurricane Beryl as examples. However, des

Investing.com

Jul 5, 2024

Indices

The USD is struggling on multiple fronts – DBS

Today, a disappointing US monthly jobs report could push the Dollar Index (DXY) below 105, DBS Senior FX Strategist Philip Wee notes.

Fxstreet

Jul 5, 2024

Forex

CNY rates: PBOC announces bonds borrowing – DBS

The People’s Bank of China (PBOC) announced CGB borrowing from primary dealers earlier this week.

Fxstreet

Jul 5, 2024

Forex

EUR/GBP Price Analysis: Signs the downtrend could be resuming

EUR/GBP is potentially resuming its medium-term downtrend after correcting higher since the June 14 lows.

Fxstreet

Jul 5, 2024

Forex

Pound Sterling strengthens as UK chooses Keir Starmer as their next PM

The Pound Sterling (GBP) exhibits sheer strength against major peers, except the Japanese Yen (JPY), in Friday’s London session.

Fxstreet

Jul 5, 2024

Economic Indicator

Fed’s Williams: Still a way to go to reach 2% inflation target on a sustained basis

In prepared remarks to an event at the Reserve Bank of India (RBI) in Mumbai on Friday, New York Federal Reserve (Fed) Bank President John Williams said on Friday, “there is still a way to go to reach 2% inflation target on a sustained basis.” Additional takeaways We have seen significant progress in bringing inflation back toward Fed's 2% target rate.

Fxstreet

Jul 5, 2024

Economic Indicator

UBS: Political iceberg hits the market – UBS

The UK general election result is now clear (for the benefit of US readers, many countries are able to get a definitive result within hours of voting having concluded).

Fxstreet

Jul 5, 2024

Forex

Mexican Peso rises for fourth day in a row against USD

The Mexican Peso (MXN) continues drifting higher in its most traded pairs on Friday, with gains particularly marked against the US Dollar (USD), which has weakened after a run of poor US economic data.

Fxstreet

Jul 5, 2024

Stocks

UK stocks remain cheap after election - Citi

Investing.com - The U.K general election has resulted in a landslide victory for the opposition Labour Party, and Citigroup sees the potential for upside for U.K markets in the wake of this result.As

Investing.com

Jul 5, 2024

Economic Indicator

US 10-Year Treasury Yield: 4.355% – UOB Group

While the US 10-year yield is likely to trade between the two major levels of 4.137% and 4.622% in the near-term, the downside risk appears to be greater, UOB Group analyst Quek Ser Leang notes.

Fxstreet

Jul 5, 2024

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