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Investors chase EUR/USD higher with leverage says BofA Source link

NZD/USD strengthens to around 0.5925 in Tuesday’s early Asian session.  Traders currently expect a rate cut at the Fed’s September 16-17 meeting. The RBNZ is set to lower the OCR by 25 basis points to 3.0% on Wednesday. The NZD/USD pair gains ground to near 0.5925 during the early Asian session on Tuesday. The US Dollar…

South African rand to benefit most from weaker dollar: BofA Source link

Ukraine’s President Volodymyr Zelenskiy late Monday emphasized the need for true peace and welcomed US involvement in security guarantees. Zelenskyy also confirmed major US arms purchase plans.  Key quotes Ukraine needs not a pause in war but real peace.Discussed security guarantees with Trump and European leaders.Received an important signal from the US on being part…

WTI price rebounds to around $62.55 in Tuesday’s early Asian session.  Trump said he had spoken to Putin to begin making plans for a summit with Ukraine’s Zelenskiy.  Reduced Fed rate cut expectations might cap the upside for the WTI price.  West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.55 during the early…

Hamilton Lane: A Unique Play On The Rise Of Private Equity Source link