The USD/VND rate may rise by 2-3% in 2024
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the rising free USD exchange rate has little impact on the fx market. In 2024, the VND's depreciation range...
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the rising free USD exchange rate has little impact on the fx market. In 2024, the VND's depreciation range...
If you look at market pricing of rate policy this year, you will see that it projects that the ECB will start to reduce rates a little later than the Fed and cut rates...
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There seems to be a pretty common narrative that if inflation starts to stick, rather than fall, it will either delay central bank easing or, at worst, force more rate...
Gold prices will be driven by global uncertainties and Fed rate decreases next week.
If you look at financial market pricing of future monetary policy for the Fed and ECB this year, you will see that the Fed is projected to cut rates just before the ECB.
The US dollar has started 2024 in pretty stable fashion and this stability may continue until two key questions are answered: will the Fed ease policy as the market...
The release of US inflation data next week will have a direct impact on gold prices.
2024 is expected to be a year in which major central banks fail to reach their (mostly) 2% inflation target, but cut rates nonetheless. There’s nothing controversial in...
Many analysts projected that gold prices would rise considerably in 2024, reaching a new high, especially if the Federal Reserve cut interest rates.
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Investors want to buy assets ahead of a possible surge in prices as they know that the last two easing cycles have created what many describe as “everything bubbles”.
Trust in the Fed Chair is the lowest it has ever been according to Gallup and if you think that this is only a problem in the US, just look at the UK where politicians...
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
Forecasts for a weaker US dollar through 2024 rest heavily not just on the Fed starting an easing cycle, but also that this cycle either causes, or is consistent with, a...
A much sharper than expected fall in euro zone inflation data for November weighed on the euro. However, we see two reasons why falling inflation won’t weaken the euro...
It is probably a common narrative in the market that, just as the dollar rose with the increase in US policy rates, so the dollar will fall as rates are cut.
Some central bankers continue to stress that monetary policy has to stay restrictive for a considerable period of time.
The Standard Bank has argued before, and continue to believe, that the decisive break, when it comes, will be the high side and that euro/dollar will rise to the 1.20...
The big central banks in Europe – the ECB and Bank of England – will start to cut rates before the Fed. But that’s not what is being priced in by the market, according...
The reference exchange rate between the Vietnamese đồng and the US dollar announced by the State Bank of Việt Nam (SBV) at the last trading session of last week...