KaneForex
Market News
12 articles
daily-financeAUD/USD Gains as US Treasury Announces Long-Term Bond Buyback
The AUD/USD rose sharply after the US Treasury's announcement of a long-term bond buyback, pushing the US dollar lower and lifting the Australian dollar this week.
daily-financeMexican Peso Hits Two-Year Peak Against US Dollar Amid Mixed Economic Signals
The Mexican Peso reached a two-year high against the US Dollar despite weaker retail sales, supported by gains in the services sector, according to FX Street.
daily-financeUSD/CHF Ends Week Lower Despite Friday Gains Amid US Yield Drops
USD/CHF posted a small gain on Friday but closed the week lower due to falling US Treasury yields amid efforts to control 30-year bond rates.
daily-financeUS Treasury Yields Rise on Bond Buyback and Strong Business Activity
US Treasury yields have risen following a bond buyback announcement and strong business activity data, supporting a rebound in government debt markets.
banking-and-insuranceDBS Economists Anticipate Bank of Korea Rate Hike to 3.00% in August
DBS economists expect the Bank of Korea to raise its base rate to 3.00% in August amid upgraded growth and inflation forecasts.
daily-financeUS Dollar Index Holds Near 98.80 After Midweek Dip
The US Dollar Index rebounded from a midweek dip, finishing the week near 98.80, signaling steady dollar strength heading into next week.
electronicsMalaysia’s July Exports Surge 38% Driven by Electronics and Machinery Demand
Malaysia's exports rose 38% in July, led by electronics and machinery, marking four months of strong growth supported by demand from the US and China.
daily-financeUS Dollar Holds Steady Near 159 Against Japanese Yen on Friday
The US Dollar traded quietly near 159 against the Japanese Yen on Friday, reflecting a cautious market environment.
metals-and-miningSilver Prices Advance for Third Day, Posting Strong Weekly Gains
Silver prices rose for the third straight day on Friday, gaining over 2% and more than 7.40% for the week, according to FX Street.
banking-and-insuranceBank of Thailand Likely to Maintain Policy Rate at 1.00% in August
DBS economists expect the Bank of Thailand to keep its policy rate at 1.00% in August, following June's unanimous pause.
daily-financeDBS Forecasts Inflation Rise in Singapore for July Amid Energy and Food Cost Pressures
DBS economists project Singapore’s July inflation to rise to 2.4% headline and 2.3% core year-on-year, driven by energy and food costs.
daily-financeNew Zealand Dollar Nears Highest Level Against US Dollar Since May
The New Zealand Dollar has rallied to near 0.6000 against the US Dollar, its highest since late May, as reported by FX Street.