Category: remain
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Bears firm up bets on Asian currencies as US rate cuts remain elusive : Reuters poll By Reuters
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Written by Sameer Manekar (Reuters) – Analysts strengthened their bearish positions on most Asian currencies as higher long-term US interest rates and the dollar’s resilience are likely to continue to hurt local units, a Reuters poll showed on Thursday. A bi-monthly poll of 10 analysts showed that the Indonesian rupiah…
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Why AfDB should remain true to its name
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Development institutions are increasingly turning away from the ills associated with poverty such as hunger, infectious diseases and illiteracy – challenges that continue to face most people around the world. The unholy alliance between environmental activists and climate politicians has pushed them to divert more resources to climate policies, which…
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Narrow dollar range likely to remain for now
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Investing.com – The US dollar has been trading calmly against major currencies lately, and these tight ranges are likely to remain for a while longer, according to Goldman Sachs, with a wait for a divergence to take place. At 05:20 EDT (09:20 GMT), the dollar index, which tracks the US…
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UK interest rates remain at 16-year high of 5.25%
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The Bank of England chose to keep interest rates unchanged at 5.25%, the sixth consecutive meeting at the highest level in 16 years. However, there are signs from the central bank indicating a possible shift towards a rate cut, possibly as early as June. Andrew Bailey, Governor of the Bank…
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Rates to remain steady, but hawkish tilt likely amid sticky inflation By Investing.com
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Investing.com — The Reserve Bank of Australia is widely expected to keep interest rates steady on Tuesday, although investors were cautious about the bank taking a hawkish stance amid signs of steady inflation. The Reserve Bank of Australia is widely expected to keep interest rates at 4.35%, leaving them unchanged…
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Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over
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Wednesday, Bitcoin It fell sharply, falling below The critical support level is $60,000. Despite this recent downtrend in the market, Bitcoin investors remain confident as they believe that major cryptocurrencies are still accessible. new Horizons In this market cycle. Some say this may be what Bitcoin needs before making another…