RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Motto: scattered evolution this Friday

16/05/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

This weekend, currencies are experiencing a scattered evolution. The US dollar has fallen, while the Australian and New Zealand dollars remain stable. The pound sterling is about to record its fifth weekly rise against the euro, the Indian rupee is expected to rise and the

, serif">Chinese yuan is strengthening.

The dollar fell along with US Treasury yields on Friday after nasty surprises in US economic data this week reinforced bets on further Federal Reserve rate cuts this year. The dollar fell by 0.14% to 1,394.70 won. Faced with a basket of currencies, the dollar fell by 0.1% to 100.70, but was on track for a marginal weekly gain of 0.3% thanks to its sharp rise of 1.3%

on Monday.

Australian and New Zealand dollars were flat on Friday after a choppy week that saw them soar due to a tariff truce between the United States and China, only to then end up selling at major chart barriers, reinforcing recent ranges. The New Zealand dollar was a bit weaker at $0.5866, and well below the week's high of

$0.5969.

Aussie settled at $0.6405, after rebounding from a low of $0.6358 at the start of the week to a high of $0.6501 before fading.

The Chinese yuan strengthened against the US dollar on Friday, supported by an overall weaker greenback and improved sentiment following a Sino-American tariff truce, as traders closely monitored the daily fixation for clues about Beijing's monetary position. The spot yuan opened at 7.2037 per dollar and was last traded at 7.2020 at 02:59 GMT, 47 pips firmer than the previous session's close and 0.11% weaker than the

midpoint.

The offshore yuan traded at 7.1992 yuan to the dollar, up about 0.09% in Asian trade.

The Indian rupee is expected to strengthen at the open on Friday, supported by the widespread weakness of the US dollar following weak economic data that supported expectations of a rate cut by the Federal Reserve later this year. The undeliverable 1-month futures contract indicated that the rupee would open at 85.34 to 85.36 for one dollar am style="font-family: "Bookman Old Style”, serif">é ricain contre 85,55 lors de la s Summer: ance pr style="font-family: "Bookman Old Style”, serif">c é toothy.

The British pound was on track to record its fifth consecutive weekly increase against the euro on Friday, while remaining close to its highest levels since early April. The pound rose 0.05% to 1.33303

US dollars.
Provided by AWS Translate

0 COMMENTAIRE