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What next for the Zimbabwe ZiG currency after the new announcements?

The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar  The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that

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USD/CHF forecast as odds of negative Swiss interest rates rise

The post USD/CHF forecast as odds of negative Swiss interest rates rise appeared first on Invezz

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DXY Index forecast: here’s why US Dollar is set for more gains

The post DXY Index forecast: here’s why US Dollar is set for more gains appeared first on Invezz

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USD/INR forecast: How low can the Indian rupee get?

The post USD/INR forecast: How low can the Indian rupee get? appeared first on Invezz

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USD/JPY forecast as Japan unveils a new $135 billion stimulus

The post USD/JPY forecast as Japan unveils a new $135 billion stimulus appeared first on Invezz

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Kremlin increases domestic gold engagement for national fund

Russia’s central bank announced Wednesday that its engagement with the domestic gold market—both buying and selling for the National Wealth Fund (NWF)—has been on the rise, citing the yellow metal’s growing liquidity. The central bank of Russia has seen a substantial portion of its foreign exchange reserves, held in key Western currencies such as the

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USD/JP forecast: Japanese yen targets 160 as BoJ official calls for rate hike

The post USD/JP forecast: Japanese yen targets 160 as BoJ official calls for rate hike appeared first on Invezz

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Chilean Peso rallies as right-wing candidate gains in presidential vote

Chile’s peso and equities firmed on Monday, while local bond yields edged lower, as markets interpreted the first-round presidential vote as opening the door to more market-friendly policies. Far-right candidate José Antonio Kast is now seen as the frontrunner for the December 14 runoff despite finishing slightly behind government coalition candidate Jeannette Jara on Sunday.

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USD/ZAR: South African rand on edge as experts remain optimistic

The post USD/ZAR: South African rand on edge as experts remain optimistic appeared first on Invezz

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