Tag: Currency Market
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Yen Gains as BOJ Rate-Hike Bets Grow Amid Strong US Data Outlook
Overview: Yen Strength Amid Rising BOJ Hike Expectations The yen has been outperforming most of its major peers as traders increasingly anticipate the Bank of Japan (BOJ) to raise its benchmark interest rate this week. The currency firmed, rising as much as 0.4% to around 154.68 per dollar in early trading, before trimming gains amid…
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China’s Yuan Climbs to a 13-Month High Against the Dollar
What’s driving the yuan’s rally to a 13-month high The Chinese yuan has surged to its highest level in about a year against the dollar, aided by robust demand from domestic and international buyers and growing optimism around an anticipated Federal Reserve rate cut. Traders have priced in policy easing signals, while steady capital inflows…
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Ringgit Steady vs US Dollar Ahead of Rate Decisions
Overview: Ringgit opens flat ahead of key rate decisions The Malaysian ringgit opened almost flat against the U.S. dollar as market participants awaited crucial rate decisions from both Bank Negara Malaysia (MPC) and the Federal Reserve. In early trades, traders were cautious, weighing the potential impact of monetary policy signals on regional currencies and asset…
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Dollar at 3-Month High as Fed Split Shakes Markets
The dollar stays firm near a three-month peak The U.S. dollar traded broadly steady on Tuesday, hovering close to a three-month high as traders recalibrated bets on Federal Reserve policy. A split within the central bank has left markets uncertain about the path of interest-rate cuts, prompting traders to pare back expectations for near-term relief…
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Current Dollar to Egyptian Pound Exchange Rate on September 14, 2025
Dollar to Egyptian Pound Exchange Rate Overview As of September 14, 2025, the exchange rate for the US dollar against the Egyptian pound has shown stability at the beginning of the banking operations. After experiencing a noticeable increase in recent weeks, the market is keen to observe the ongoing trends affecting currency values. Current Exchange…
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Market Reactions Following Bolsonaro’s Conviction
Market Overview: The Day After Bolsonaro’s Conviction In a significant turn of events, the day following the conviction of former President Jair Bolsonaro, the Brazilian real showed resilience against the US dollar, which dropped to R$ 5.35. This marks the lowest exchange rate seen in the past 13 months, reflecting changing investor sentiments and market…