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Tag: Currency Market

Thai Baht Faces Continued Decline Following Disappointing Start to 2024

The Thai baht is bracing for further losses after a dismal beginning…

Global Bond Selloff Sends US Treasuries Higher as Rate-Cut Expectations Ease

In a surprising turn of events, US Treasury yields experienced a sharp…

Dollar Starts 2024 with Strongest Rally Since March Amid Fed Uncertainty

The US dollar initiated the new year with its most significant single-day…

Increasing Bearish Sentiment on Dollar as Fed’s Policy Shift Resonates

Following the Federal Reserve's unexpected announcement signaling the conclusion of its monetary…

Argentina Initiates Bold Economic Overhaul: 54% Peso Devaluation and Sweeping Fiscal Cuts

In a series of dramatic measures, Argentina has initiated a bold economic…

Asian Stocks Mixed as Investors Await Fed Decision; Oil Prices Decline to Six-Month Lows

Asian markets displayed a mixed performance on Wednesday, accompanied by a slump…

Russian Rouble Strengthens, Nearing Five-Month Peak on Various Factors

Introduction: The Russian rouble exhibits resilience, gaining strength and nearing a five-month…

Japan Signals Currency Intervention Threat Amid Yen’s Decline After BOJ Moves

In response to mounting bearish bets against the yen, Japanese authorities are…