europefx Key Takeaways: 💵 The dollar is near a three-month peak amidst uncertainty about U.S. monetary policy 🇦🇺 Australian dollar weakened as inflation numbers suggest no rate cut by Reserve Bank of Australia 📊 Mixed U.S. economic indicators provide little clarity on Federal Reserve easing outlook 🔥 U.S. economy shows resiliency, lessening bets on rate reductions … Read more
Key Takeaways: 💱 Most Asian currencies stable on Wednesday with focus on upcoming election and economic readings 📉 Japanese yen trading sideways after hitting three-month lows, awaiting BOJ meeting 🇺🇸 Regional currencies facing steep losses ahead of U.S. presidential race and key economic data 🏦 Dollar index and futures stable after reaching three-month highs 📊 … Read more
Key Takeaways 💵 Dollar reaches peak against Yen as US election looms 📈 Investors seeking safe havens boosting Dollar 🇺🇸 US election uncertainty causing market fluctuations 💸 Yen is facing challenges due to political uncertainty 📊 Dollar is patiently waiting for important data releases 🌐 Global currency market is currently volatile 📈 Traders should stay … Read more
Key Takeaways: 💰 Dollar rose against the yen and major currencies due to political uncertainty in Japan and upcoming US election 📉 US job openings decreased in September, signaling a cooling labor market 📈 US consumer confidence increased in October, impacting the dollar 🏛️ Federal Reserve’s policy path to be determined by upcoming data 🇺🇸 … Read more
Key Takeaways: 🚗 186,000 jobs in the German car industry could be at risk due to transformation 💰 Transition to electric vehicles and automation are major factors 📉 Impact expected to be seen in the next few years 💧 Job losses could lead to economic downturn in affected regions 🏢 MIT reported a DPU increase … Read more
Key Takeaways 💱 Finance Minister Katsunobu Kato vows to monitor FX moves driven by speculators 📉 Yen at three-month lows due to loss of parliamentary majority 💼 Weak yen could impact economy negatively 📈 New government may seek support from opposition parties for economic package and supplementary budget 💸 Japan’s Finance Minister Katsunobu Kato vows … Read more
Key Takeaways: 💵 Dollar hit three-month highs against the yen amid Japan political uncertainty 📊 Chinese yuan remained weak amidst possibility of large new debt issuance by Beijing 🇺🇸 U.S. dollar strong with largest monthly rise in 2-1/2 years, supported by upcoming economic data 💱 Yen weakened following Japan’s election results, raising concerns of looser … Read more
Key Takeaways: 💴 Yen near three-month trough due to uncertainty in Japan’s political and monetary outlook 🇺🇸 Dollar remains strong with anticipation of major U.S. data releases 📈 Greenback steady with focus on U.S. economic data and potential Trump win 💵 U.S. election and economic data releases key factors for market movements 🇨🇳 Chinese yuan … Read more
Key Takeaways: 💱 Most Asian currencies weakened slightly on Tuesday due to risk aversion before key economic readings 📈 The dollar sat on recent gains before economic data releases this week 🗳️ Political uncertainty in Japan increased after general election results 🇯🇵 Bank of Japan meeting to be held this week 📅 Economic data due … Read more
Key Takeaways: 💸 UK shop prices fell at the fastest pace in more than three years 🛒 Food prices rose by 1.9% while non-food deflation held at 2.1% 👗 Clothing prices showed signs of edging up for the first time since January 🌍 Price growth trajectory is at risk due to geopolitical tensions and climate … Read more