Morning brief: Asia markets diverge as gold hits records, Dollar slides
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies
The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last eleven
The Brazilian real continued its strong rally this week, reaching its highest level since May 2024 as the US dollar sell-off gained momentum.
The Japanese yen has staged a strong comeback in the past few days as investors focused on its potential intervention and the latest
The Swiss franc continued its strong rally this week and is now trading at its highest level since August 2011. The USD/CHF pair
The EUR/USD exchange rate retreated sharply as market participants reacted to the rising odds that Kevin Warsh will become the next Federal Reserve
The GBP/USD exchange rate continued its strong downward trend, moving from the year-to-date high of 1.3876 to the current 1.3672 as traders wait
The USD/ZAR exchange rate remained under pressure, moving from a high of 19.93 in April last year to the current 16. The South
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