According to a statement Suncorp made to the Australian Securities Exchange (ASX) on Tuesday, Clive van Horen, the chief executive of Suncorp’s banking division, will…
Forint is likely to drift weaker in the near term, according to Commerzbank.
Hungary’s National Bank (MNB) will announce its monetary policy decision today. Economists at Commerzbank analyze Forint’s outlook ahead of the meeting. MNB to continue with rate corridor reduction amidst…
The Bitcoin price fights for $26K as US dollar strength hits 10-month high
Bitcoin faces the highest levels in the U.S. Dollar Index for 2023 as BTC’s price action wobbles. Bitcoin BTC $26,275 hugged $26,000 at the Sept. 24…
Murrey math lines: AUD/USD, NZD/USD
AUD/USD, “Australian Dollar vs. US Dollar” AUD/USD quotes are below the 200-day moving average on H4, indicating a prevailing downtrend. The RSI has broken the…
Factbox: US government shutdown: What closes, what stays open?
U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal…
EUR/GBP seen at risk of dipping to 0.85 on a three-to-six-month view, Rabobank
GBP dropped this week on the back of the BoE’s unchanged policy decision. Economists at Rabobank have revised their six-month EUR/GBP forecast modestly. The gloomy economic outlook…
FTX’s former external legal team disputes involvement in fraud allegations
In a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of assisting Sam Bankman-Fried in his…
Dollar to hold gains (ING)
FX markets are settling down after a big week of central bank policy announcements. Economists at ING discuss the USD outlook. 4.50% on the US 10-year…
Sinking miners boost our profits: Should we stay short?
I warned the miners were weak, and they again buckled under the pressure. As a result, yesterday’s comments remain up-to-date, and I encourage you to…
UAW strikes more GM, Stellantis facilities, cites progress in talks with Ford
The United Auto Workers expanded its strikes against Detroit automakers General Motors (NYSE: GM) and Chrysler parent Stellantis (NYSE: STLA), but kept its Ford (NYSE:…