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  • Dec 4, 2024 | myheraldreview.com | Chelsia Rose Marcius |Michael Wilson

    Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.

  • Nov 24, 2024 | fortune.com | Matthew Burgess |Michael Wilson

    President-elect Donald Trump’s nomination of Scott Bessent to oversee the US Treasury is taking some heat out of the dollar’s recent rally. The US currency weakened against all Group-of-10 peers with the euro, pound and Aussie leading the gains against the greenback. The Mexican peso, Thai baht and Chinese yuan outperformed among emerging market currencies.

  • Nov 24, 2024 | business-standard.com | Matthew Burgess |Michael Wilson

    The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets. A gauge of the US currency fell 0.6 per cent on Monday, its biggest decline in two weeks, with the yen and the euro among the best performing major currencies.

  • May 27, 2024 | afr.com | Matthew Burgess |Michael Wilson

    Traders hoping the Australian dollar will strengthen beyond a closely tracked level are set to be disappointed as optimism over China’s rebound fades and the local economy falters. The local currency has risen over 2 per cent in May, potentially heading for its best month this year. However, it may struggle to rally further as Australia will be reluctant to raise interest rates and China continues to underwhelm with its economic support, analysts say. Bloomberg

  • May 26, 2024 | bnnbloomberg.ca | Matthew Burgess |Michael Wilson

    (Bloomberg) -- Traders hoping the Australian dollar will strengthen beyond a closely tracked level are set to be disappointed as optimism over China’s rebound fades and the local economy falters. The currency has risen over 2% in May, potentially heading for its best month this year. However, it may struggle to rally further as Australia will be reluctant to raise interest rates and China continues to underwhelm with its economic support, analysts say.

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