Pound Rallies as Burnham Rhetoric Lifts Sterling, Says Deutsche Bank's Saravelos
The pound rallied after Deutsche Bank's Saravelos said Burnham rhetoric is buoying sterling, highlighting political factors in currency markets.
Forex: the latest market news with AI summary, sentiment and the assets affected, updated around the clock.
The pound rallied after Deutsche Bank's Saravelos said Burnham rhetoric is buoying sterling, highlighting political factors in currency markets.
Deutsche Bank says the Chinese yuan is still cheap versus the euro despite recent gains, signaling further appreciation potential.
The Philippine peso slides toward a record low against the dollar as climbing oil prices raise import costs, threatening monetary stability.
The Philippine peso's rally is set to reverse as seasonal selling flows weigh on the currency, strategists caution, pointing to historical patterns…
Heightened Fed uncertainty fuels hedging demand in forex markets as traders prepare for a return of sharp currency moves.
Veteran forex billionaire Joe Lewis sees his art collection surge 500% after funding masterpieces with currency trading profits, spotlighting alternative asset diversification.
Goldman Sachs flags the best G10 carry trade opportunity since the early 2000s as interest rate differentials reach two-decade highs and currency…
Carry trade strategies face their most favorable conditions in over two decades, Goldman Sachs says, with low FX volatility and historically wide…
The Reserve Bank of India's unwinding of record bearish dollar bets threatens to test the rupee's resilience, as reduced intervention leaves the…
China's central bank fixes the yuan below 6.8 per dollar for the first time since 2023, signaling a stronger currency stance as…
The New Zealand dollar surged against major peers as robust economic data bolstered bets on further RBNZ rate hikes, driving NZD/USD to…
A crypto trader holds a $1.14M long EUR/USD perpetual futures position for 400 days, applying a bitcoin-style HODL strategy, signaling long-term bullish…