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The dollar extends recovery leg into third consecutive day, retracing over 50% of 102.72/101.24 pullback on Tuesday. Calmer stock markets, particularly stabilizing sentiment in AI related sector, hawkish signals from the US policymakers and higher Read more…
Euro returned to the bottom of the major-currency ranking on Tuesday as renewed pressure on French government bonds partly reversed Monday’s relief. France’s 10-year yield rose 5.2bps to 4.955% while the German Bund yield fell Read more…
The combination of high oil prices and a slowdown in GDP offers an uneasy choice for central banks. The US is benefiting from differences in oil prices across various regions. The US dollar has risen Read more…