Forex

Bloomberg: India’s HDFC Bank is now the world’s fourth-largest bank
July 02, 2023 10:29 PM PDT | By InvezzIndia’s banking landscape has undergone a tectonic shift with the iconic Housing Development Finance Corporation (HDFC) Ltd, having executed a r...

Psychological factors dampening crude oil rally poised for bullish t...
June 30, 2023 12:22 PM PDT | By InvezzOwing to recessionary fears, lower energy consumption, weaker economic growth and higher shale production, crude oil prices have remained subdued most...

Headline inflation surprises to the downside while core PCE stays st...
June 30, 2023 07:20 AM PDT | By InvezzThe latest inflation data suggests that the Federal Reserve’s aggressive rate hikes may have been doing the trick, having considerably lowered a...

Plummeting global copper inventories foreshadow meteoric gains and i...
June 30, 2023 04:07 AM PDT | By InvezzIn recent years, there has been tremendous focus on industrial critical metals. With the technological advancements in battery technology and the glob...

USD/SEK forms ascending triangle amid hawkish Fed, Riksbank
June 29, 2023 05:47 AM PDT | By InvezzThe USD/SEK exchange rate moved sideways after the hawkish sentiment by the Federal Reserve and the Riksbank. The pair was trading at 10.80, which was...

USD/JPY forecast as odds of Japan currency intervention rise
June 29, 2023 02:33 AM PDT | By InvezzThe Japanese yen continued slipping even after signs of tightening by the Bank of Japan (BoJ) emerged. The USD/JPY exchange rate jumped to a high of 1...

USD/VND: Vietnam dong outlook after strong FDI and retail sales
June 29, 2023 02:32 AM PDT | By InvezzThe Vietnamese dong jumped to the highest level since June 9th as investors reacted to the strong economic data. The USD/VND pair retreated to a low o...

USD/MXN forecast: Mexican peso relentless bull run gains steam
June 28, 2023 07:37 AM PDT | By InvezzThe Mexican peso continued soaring against the US dollar as the country’s economic recovery gained steam. The USD/MXN price retreated to a low o...

OMFIF Global Public Investor 2023 surveys central bank reserve manag...
June 27, 2023 09:12 AM PDT | By InvezzThe Official Monetary and Financial Institutions Forum (OMFIF) is an independent forum for central banking, economic policy and public investment and...

Argentina peso moves to the abyss as USD/ARS, GBP/ARS surges
June 26, 2023 09:37 PM PDT | By InvezzThe Argentine peso has moved into the abyss as concerns about the country continues. The USD/ARS exchange rate is sitting at the record high of near 2...

USD/CNY analysis: Chinese yuan could slip by another 1.65%
June 26, 2023 09:07 PM PDT | By InvezzThe USD/CNY exchange rate is hovering near the highest level since July last year as concerns about China’s recovery continue. It jumped to a hi...

USD/RUB: Ruble on edge after Russia aborted rebellion
June 25, 2023 10:22 AM PDT | By InvezzThe USD/RUB will be in the spotlight when the markets opens on Monday as investors reflect on the happenings in Russia. The pair ended last week at 83...

USD/BRL: Here’s why the Brazilian real just hit its 52-week high
June 22, 2023 12:16 AM PDT | By InvezzThe USD/BRL exchange rate continued falling after the latest Brazilian central bank decision. It has dropped in the past seven straight weeks and is n...

USD/CHF forecast: signal ahead of the SNB interest rate decision
June 21, 2023 10:50 PM PDT | By InvezzThe Swiss franc has done well this year, helped by the strong actions by the Swiss National Bank (SNB). The USD/CHF pair has consistently remained bel...

USD/TRY: Will the Turkish central bank rate hike save the lira?
June 21, 2023 10:40 PM PDT | By InvezzThe USD/TRY exchange rate moved sideways as investors waited for a pivot by the Turkish central bank. The pair was trading at 23.54, where it has been...

NZD/USD forecast as New Zealand exports, imports rises
June 21, 2023 09:11 PM PDT | By InvezzThe NZD/USD pair drifted upwards after the relatively strong New Zealand trade numbers. It rose to a high of 0.6218, a few points abovc this week̵...

As the Nigerian naira plunges, is it the next Zimbabwe dollar?
June 20, 2023 09:44 PM PDT | By InvezzThe Nigerian naira has been in a sharp decline, sparking wild comparisons with the devalued Zimbabwean dollar. Data by TradingView shows that the USD/...

USD/MXN: Peso waits for Mexico central bank decision
June 20, 2023 09:09 PM PDT | By InvezzThe Mexican economy is firing on all cylinders as the country benefits from its proximity to the United States. As a result, the USD/MXN exchange rate...

3 reasons why the US dollar’s supremacy will continue
June 20, 2023 07:17 AM PDT | By InvezzRecently, a hot topic in financial markets sparked traders’ imagination. That is the demise of the US dollar and the inevitable collapse of the...

DXY index: US dollar outlook darkens as the VIX plunges
June 19, 2023 12:30 AM PDT | By InvezzThe US dollar index (DXY) continued its downward trend after the Fed decided to pause its rate hikes. The index slipped to a low of $102.30 on Monday,...