europefx Key Takeaways: 💰 Most Asian currencies were weakening, while the dollar was near one-year highs amid uncertainty over a December rate cut by the Federal Reserve 📉 Doubts over Chinese stimulus and concerns about U.S. interest rate hikes were pressuring Asian currencies 📊 Shift in trader expectations for rate cuts by the Fed after strong … Read more
Key Takeaways 💰 U.S. dollar rose after a recent three-session decline focused on Federal Reserve outlook and Trump’s proposed policies 📉 Markets are scaling back expectations for rate cuts at Fed’s December meeting, with a 52% chance of a 25-basis-point cut 🇯🇵 Dollar strengthened against Japanese yen, prompting expectations of hawkish Bank of Japan shift … Read more
Key Takeaways: 💵 Dollar resumes climb after three-session decline 📉 Safe-haven currencies initially boosted before wavering 📈 Dollar index up 3% post U.S. election on Fed rate cut concerns 🔍 Markets scaling back expectations for December rate cut 💼 Investors await Treasury secretary pick, Cabinet picks under scrutiny 💹 Yen weakened to three-month low, BOJ … Read more
Key Takeaways: 💸 Canadian dollar weakened against the greenback 📈 Benchmark government debt yield climbed ⛽ U.S. December crude futures rose $0.71 📉 Canadian government 10-year bond yields increased by 4.2 basis points 📈 U.S. government benchmark debt yields also rose ⛽ U.S. December crude futures rose to $70.1 a barrel 📉 Benchmark yields fell … Read more
Key Takeaways 💵 U.S. dollar advanced after a three-day slide 🔍 Investors await cues on Trump’s policies 🇯🇵 Japanese yen slid due to fading safe-haven demand 💣 Fears of Russia-Ukraine conflict ease, but market remains sensitive 💹 Dollar index recovered from recent slide 📈 Expectations for big fiscal spending under Trump administration 💼 Investors await … Read more
Key Takeaways: 💵 UBS expects a consolidation of the US dollar at current higher levels 📈 Dollar Index is trading 0.4% higher after a recent fall to a one-week low 🏛️ Analysts believe Trump 2.0 signals a broader shift in policies supporting USD 💱 Import tariffs and fiscal policy changes could lead to USD appreciation … Read more
Key Takeaways 💱 Ugandan shilling weakened due to high demand from importers 📉 Shilling quoted at 3,690/3,700 by commercial banks at 0905 GMT 📈 Compared to Tuesday’s close of 3,678/3,688 the shilling lost ground 💰 Ugandan shilling weakened due to increased demand for hard currency 💼 JSW Group expects approval for JSW Cement’s IPO by … Read more
Key Takeaways: 💲 The U.S. dollar gained on safe haven demand after the closure of the U.S. embassy in Kyiv 🇬🇧 Sterling performed well as UK inflation rose more than expected in October 🏦 Investors are looking for clues on future Fed monetary policy decisions from Federal Reserve Governors 💼 UK CPI data exceeded expectations, … Read more
Key Takeaways 💵 U.S. dollar fell to a one-week low against major peers after a post-Trump election rally 🌐 Bitcoin approaching all-time peak driven by expectations of crypto-friendly regulations under Trump 📈 Dollar index hit a one-year high due to expectations of fiscal spending, tariffs, and immigration policy changes 🇷🇺 Trump’s controversial cabinet nominations and … Read more
Key Takeaways: 💰 Most Asian currencies trading in a tight range, yuan unchanged 📉 Dollar stabilizes after recent losses, growing uncertainty over U.S. interest rates 🇨🇳 China holding off on more economic support in face of Trump presidency uncertainty 🤔 Traders pricing in chance of Federal Reserve cutting interest rates in December 📊 Broader Asian … Read more