europefx Key Takeaways: 💵 Hedge funds are heavily betting on a stronger dollar against G10 and emerging currencies 📈 Net long dollar positions have surged to the highest levels since 2022 🌐 Dollar seen as attractive in the short term due to relative rates and economic resilience in the US 💴 Speculators are increasing their net … Read more
Key Takeaways 💵 Dollar remained steady on Monday with easing U.S. prices increasing chances of Fed rate cut in June 📉 Euro and sterling slightly lower against the dollar 📊 Dollar index slightly higher, close to six-week high 🔍 Focus in currency market on yen, reaching 34-year low against dollar 📉 Speculators hold significant net … Read more
Key Takeaways: 💱 Japanese Finance Minister noted "speculative" moves behind recent yen declines 📉 Authorities are ready to intervene in the market to address excessive falls in the currency 🔄 Monitoring speed, not levels, of yen’s moves and warn against disorderly currency moves 🏦 Expectations of wide interest rate gap between U.S. and Japan fuel … Read more
Key Takeaways: 💰 Dollar gains on euro with Fed’s Waller hawkish on rates 💸 Subscribe to The Economic Times Prime for ePaper Online and Sensex Today 📊 Top Trending Stocks: SBI, Axis Bank, HDFC Bank, Infosys, Wipro, NTPC 💹 Best Hybrid Funds with good returns 💼 Best Large Cap Funds for investment 🔄 SIP’s starting … Read more
Key Takeaways 💵 Dollar rose as traders awaited fresh catalyst for Federal Reserve policy 📉 Yen slipped after Japan’s finance minister mentioned measures for weakening currency 📊 Dollar index bounced slightly on positive U.S. economic data 🔍 Market closely watching for cracks in U.S. economy 📈 U.S. core PCE price index expected to rise in … Read more
Key Takeaways 💵 Dollar dipped as traders await fresh catalyst for Federal Reserve policy 🇯🇵 Yen steady after Japanese finance minister comments on weakening currency 🛠️ Orders for U.S. manufactured goods increased in February, business investment showed improvement 📉 U.S. central bank may cut interest rates 3 times this year amid elevated inflation and strong … Read more
Key Takeaways: 📉 Yen stabilizes after verbal intervention by Japanese officials 💵 Dollar on the back foot 📈 Euro and pound slightly up, recovering from previous losses 💹 Market focus on interest rate differentials between Japan and the U.S. 🌍 Currency volatility low globally 📢 Japanese authorities ready to intervene in currency markets to support … Read more
Key Takeaways 💵 Dollar edged lower in European trade, with Dollar Index down 0.2% 📉 Greenback consolidates after last week’s rally and ahead of key inflation data release 📊 More economic data due for release includes consumer confidence data and durable goods orders 🇪🇺 Euro rises against dollar, helped by minor dollar weakness and hints … Read more
Key Takeaways: 💴 Yen stabilizes after verbal intervention from Japanese officials 💲 Dollar is on the back foot 📉 Yen at 151.25 yen per dollar, slightly stronger after Bank of Japan rate hike ⚠️ Interest rate differentials between Japan and the rest of the world are still stark 🏛️ Japanese authorities intervened in currency markets … Read more
Key Takeaways: 💱 Japan is considering measures to address the weakening yen 💼 A weak yen has both positive and negative effects on the economy 📊 Rapid currency movements are undesirable for the stability of the economy 📉 Yen sell-off intensified after the Bank of Japan’s decision to end negative interest rates 💸 Weak yen … Read more