Dollar Strengthens Amidst Shifting Fed Expectations in 2024

In a recent update, Apollo Global Management, a major American money manager, has revised its outlook, suggesting that the Federal Reserve is unlikely to cut interest rates throughout 2024. This projection, if accurate, holds significant consequences for financial markets, especially

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TD Securities Predicts RBNZ Interest Rate Hikes Amid Surging Inflation Expectations

TD Securities has joined the ranks of banks forecasting the Reserve Bank of New Zealand (RBNZ) to raise interest rates, adding momentum to the recent strength of the New Zealand Dollar.   In a research note indicating a change in

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The Interplay Between USD and Tech Stocks: Unveiling Market Dynamics

In recent discussions within the foreign exchange (FX) community, there is a growing debate on whether the fervor for Nvidia shares among investors is transcending into currency markets. This week’s attention has been drawn to the notable pullback in the

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Commerzbank’s Positive Outlook for New Zealand Dollar Amid Challenges

The New Zealand Dollar has encountered challenges recently, influenced by various factors, according to an analysis by Commerzbank. Despite facing pressure due to broader U.S. Dollar strength and domestic issues, the analysis suggests a more optimistic outlook for the currency

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U.S. Inflation Surprises Weigh on Pound-Dollar Exchange Rate

The Pound to Dollar exchange rate faced downward pressure towards the end of the week following a recent U.S. inflation report signaling persistent price pressures. The surprise upside in both the Consumer Price Index (CPI) on Tuesday and the Producer

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New Zealand Dollar Strengthens Amidst Anticipation of Further Interest Rate Rise

The New Zealand Dollar (NZD) exhibits resilience in the currency markets, demonstrating strength as traders factor in the likelihood of an additional interest rate hike at the Reserve Bank of New Zealand (RBNZ). According to Carol Kong, a strategist at

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Australian Dollar Faces Early Challenges in 2024, but Resilience Expected

The Australian Dollar has encountered a challenging start to the year 2024, yet UBS strategists remain optimistic about the currency’s potential for outperformance. Despite acknowledging increased risks, the analysis from UBS underscores compelling domestic factors that could contribute to the

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Bank of England Hints at Interest Rate Cut, Pound Volatility Ensues

In a noteworthy turn of events, the British Pound experienced volatility following the Bank of England’s decision to maintain existing interest rates while subtly hinting at the possibility of a future rate cut. The central bank effectively communicated its expectation

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Robust US Job Data Stalls Rate Cut Speculations, Puts Dollar Bulls in Charge

The Pound Sterling faced a substantial downturn against the resilient US Dollar after the release of robust employment and wage data, dashing hopes of an imminent Federal Reserve rate cut in March. The US announced an astonishing creation of 353,000

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Pound to Dollar Exchange Rate Strengthens Amid Lower-than-Expected Inflation Figures

The Pound to Dollar exchange rate is poised to conclude the week on a solid note, benefiting from the release of a closely watched inflation indicator that fell short of expectations.   The Core Personal Consumption Expenditures (PCE) index, a

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