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BofA Sees Further Upside for Kazakhstan’s Tenge Despite Recent Rally

December 8, 2025 10:35 am
Key Moments Bank of America keeps a positive view on Kazakhstan’s macro backdrop and the KZT. It also highlights further appreciation potential. BofA’s model pegs the tenge about 4% undervalued, with a “fair value” estimate of KZT480 per U.S. dollar. Restrictive monetary policy, sizable daily FX interventions, and favorable seasonality are highlighted as key supports […] Read more

Strategists Warn of Further Yen Slide in 2026 Despite Hawkish BOJ Signals

December 8, 2025 10:00 am
Key Moments Markets recently priced in about an 80% chance of a rate hike at the Bank of Japan’s December 18-19 meeting. This is up from roughly 60% in late November. BofA Securities analysts projected USD/JPY could climb above 160 early in 2026 before ending the year at 155, with EUR/JPY seen at 190 in […] Read more

Bitcoin Climbs Above $91,000 as Traders Hold to Fed Rate-Cut Outlook

December 8, 2025 8:40 am
Key Moments Bitcoin traded 2.2% higher at $91,398.6 by 02:08 ET (07:08 GMT) after rebounding from a dip below $84,000 last week. Markets priced in an 87% probability of a 25-basis-point Federal Reserve rate cut at the meeting ending Dec. 10, supported by cooling U.S. inflation data. Major altcoins, including Ethereum and XRP, advanced in […] Read more

Dollar’s Prolonged Slide Sparks Debate Over Its Longer-Term Path

December 8, 2025 8:05 am
Key Moments The U.S. dollar approached a tenth consecutive daily decline against a basket of major currencies during the latest trading week. Expectations of another Federal Reserve rate cut at its upcoming policy meeting have weighed on the dollar index. Analysts from ING and Standard Chartered outlined competing long-term scenarios, with both downside and upside […] Read more

Crypto Majors Edge Toward Technical Inflection Points as Buyers Reemerge

December 8, 2025 7:14 am
Key Moments Bitcoin trades above $91,000, approaching a key triangle resistance near $93,500 as retail participation strengthens. Ethereum moves past $3,100 and nears a two-month resistance trendline, with bulls eyeing the 200-day EMA at $3,459. Ripple holds firm at the $2.00 level, with XRP ETF inflows totaling $230.74 million and price action pivoting within a […] Read more

USD/CHF settles above 2-week low, posts weekly gain

December 7, 2025 1:36 pm
The USD/CHF currency pair settled above recent low of 0.7989, its weakest level since November 19th, after the delayed September PCE inflation data reinforced bets on another interest rate cut by the Federal Reserve next week. Annual PCE inflation has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% in […] Read more

USD/SGD settles above 5-week low, posts weekly loss

December 7, 2025 9:52 am
The USD/SGD currency pair settled above recent low of 1.2933, its weakest level since October 29th, after the delayed September PCE inflation data reinforced bets on another interest rate cut by the Federal Reserve next week. Annual PCE inflation has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% in […] Read more

USD/SEK settles above 5-week low, posts weekly loss

December 6, 2025 12:48 pm
The USD/SEK currency pair settled above recent low of 9.3499, its weakest level since October 29th, after the delayed September PCE inflation data reinforced bets on another interest rate cut by the Federal Reserve next week. Annual PCE inflation has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% in […] Read more

USD/NOK settles above 3-week low, posts weekly loss

December 6, 2025 9:32 am
The USD/NOK currency pair settled above recent low of 10.0211, its weakest level since November 14th, after the delayed September PCE inflation data reinforced bets on another interest rate cut by the Federal Reserve next week. Annual PCE inflation has accelerated to 2.8% in September, or the highest level since April 2024, from 2.7% in […] Read more