Currency exchange rates updated as of 28 October 2024
The latest exchange rates reveal a slight strengthening of the Pakistani rupee against the US dollar, which is now buying at...
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UBS looks to fade rallies in the US dollar, move into other G10 currencies
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors....
Commodity Currencies in Stable Ranges: Should We Expect a Breakout?
The currency pairs AUD/USD and USD/CAD, unlike the pairs with the Euro, Yen, and Sterling, continue to demonstrate long-term stability....
Commodity Currencies at Strategic Levels. What Can Affect a Breakdown Downwards?
The decline in investor expectations regarding a change in the vector of the Fed’s monetary policy contributes...
What’s Happening With the US & Australian Dollar?
The Australian dollar depreciated for two consecutive days as the US dollar strengthened following the Feds FOMC meeting. The AUD...
Commodity Currencies in Fragile Rebound, Await Concrete Market Stabilization Moves from China
Commodity currencies are the main movers in Asian markets today, gaining broadly, albeit against a backdrop of continued weak momentum....
Commodity Currencies Weaken; Focus on AUD/JPY Ahead of Australia and Japan Data
In today’s relatively subdued markets, the notable development is weakness in commodity currencies, led by Australian Dollar. This decline comes...
