Introduction BlackRock, the U.S. asset manager, has denied any plans to acquire Credit Suisse, the Swiss lender that has been facing financial troubles. In a statement on Saturday, BlackRock said it had no interest in acquiring Credit Suisse, contradicting earlier reports that had suggested the asset manager was considering the

 Introduction India’s forex reserves have hit a four-month low, according to the Reserve Bank of India’s (RBI) statistical supplement. The reserves fell $2.4 billion to $560 billion for the week ended March 10, their lowest level since early-December. This article discusses the reasons behind the decline and the implications it

Commerzbank economists have issued a warning that the Canadian dollar is likely to struggle to hold its value against the US dollar in a risk-averse environment. The jitters felt across global financial markets have led to increased risk aversion, making it difficult for the Canadian dollar to maintain its position

The dollar fell on Friday as shares of Credit Suisse and First Republic Bank (NYSE:FRC) declined further, causing market concerns over contagion and a looming recession due to the impact of tighter monetary policy. Investors have been closely monitoring the banking sector, which has been hit hard this week by

The ongoing banking crisis has caused investors to turn to the safe-haven yen, leading to losses for the dollar. As the Federal Reserve prepares to announce its decision and the Fed’s balance sheet widens, many are predicting further struggles for the dollar. As the markets continue to grapple with the

Shares in the London Stock Exchange Group PLC (LON:LSEG) rose sharply on Friday after investment bank UBS upgraded its rating of the exchange operator to “buy” from “neutral”. The stock price jumped by over 5% following the announcement, with investors responding positively to the news. According to UBS analysts, they

The Bank of England and Ipsos Mori have recently conducted a quarterly survey regarding the UK public’s expectations for inflation. The results, released on Friday, show a sharp drop in inflation expectations for the coming year. According to the survey, the median UK public’s inflation expectations for the next 12

The Swiss Franc (CHF) started the week on a high note as investors sought refuge in safe haven assets amid escalating concerns about the spread of COVID-19. However, as attention turned to Switzerland itself, the Franc’s fortunes changed, and its depreciation potential became limited. The Swiss National Bank (SNB) has

The collapse of two smaller U.S. banks over the past week caused ripples in the financial world, including in the foreign exchange market. However, the injection of $30 billion in deposits into First Republic Bank (NYSE:FRC) by large U.S. banks brought relief to investors and sparked a rally in the

China’s currency, the yuan, experienced significant gains in the market, with a nearly 0.5% rise on the back of a positive economic outlook from Goldman Sachs. The investment bank forecasts a growth rate of 6% for China’s economy this year, which is higher than the government’s forecast of 5%. Goldman

 Introduction The US dollar has been a major player in the global financial market for decades, but its value can be volatile and subject to a range of economic and political factors. One such factor is the interest rate set by the Federal Reserve, which can have a significant impact

Introduction The USD/JPY currency pair is currently fluctuating in negative territory, with the 50-day moving average (DMA) at around the 132.50/60 area at risk, according to a report from economists at OCBC Bank. In this article, we will explore the factors impacting the USD/JPY and how it is faring in