europefx Key Takeaways 💵 Most Asian currencies weakened on Friday, while the dollar retained overnight gains 📉 Signs of continued economic weakness in China offset optimism over easing U.S. inflation and interest rates 🇨🇳 Purchasing managers index (PMI) data from China showed little improvement in business activity in February 🔧 Recovery in Asia’s largest economy remained … Read more
Key Takeaways: 💵 Dollar fell after U.S. inflation met expectations in January, easing concerns 📉 Probability of Fed cutting rates in June increased to 66% 🔄 Month-end rebalancing may result in weaker dollar as U.S. economic data cools 💴 Yen gained as Bank of Japan board member hinted at exiting ultra-easy policies 📈 Bitcoin held … Read more
Key Takeaways: 💲 The Federal Reserve’s preferred inflation measure, the PCE price index, matched expectations in January 📉 Traders were leaning towards a Fed rate cut by the end of the first half 📈 The core personal consumption expenditures price index rose 0.4% in January and 2.8% from a year ago 💵 Inflation-adjusted consumer spending … Read more
Key Takeaways: 💲 Dollar dipped after PCE data 📉 Inflation was in line with economist expectations in January 📈 PCE price index rose by 0.3% in the month 💹 Core PCE price index gained 0.4% 📊 Dollar index was last at 103.89 🌐 Euro was at $1.083400 💴 Greenback fell to 149.98 yen 📉 Federal … Read more
Key Takeaways: 💵 The dollar is on track for monthly gains amid European inflation data and ahead of anticipated U.S. data 📈 Bitcoin surged to over $63,000, marking a nearly 50% gain in February 🇯🇵 The yen strengthened after Bank of Japan comments hinted at exiting ultra-easy policies 💴 The euro and sterling showed slight … Read more
Key Takeaways: 💰 Bitcoin has surpassed $60k, indicating a strong upward trend in the market 📈 Analysts predict further price increases as Bitcoin’s meteoric rise continues 🔄 Investors are closely monitoring market movements for potential buying or selling opportunities. 💵 The dollar is poised for monthly gains ahead of key inflation data that could impact … Read more
Key Takeaways: 💴 Most Asian currencies remained stable, while the yen strengthened on BOJ hawkish comments 📉 Dollar fell slightly amid yen rise and anticipation of U.S. inflation data 🇯🇵 Yen surged against the dollar after BOJ member suggested exit from ultra-loose policies 📈 Speculation of BOJ interest rate hike by April increased after strong … Read more
Key Takeaways: 💴 Japanese yen strengthened sharply against the dollar after BOJ member called for policy overhaul 💹 Yen crossed key levels, jumping 0.5% to 149.87 to the dollar 🏦 BOJ member Takata suggested an exit from ultra-dovish policies like yield curve control and negative interest rates 📈 Markets are pricing in the possibility of … Read more
Key Takeaways: 💰 World Bank aims to triple annual guarantees to $20 billion by 2030 🔄 Guarantee experts to be consolidated into a single platform for streamlined access 🌍 Focus on private renewable energy investments in developing countries 🌐 Guarantee products to be simplified into a single comprehensive menu 🧑💼 Private Sector Investment Lab aims … Read more
Key Takeaways: 💵 The U.S. dollar rose as investors await U.S. and European inflation data 📉 Australian and New Zealand dollars fell after New Zealand’s central bank cut its forecast peak for interest rates 🔁 Month-end portfolio rebalancing could impact market direction 💹 Implied volatility for euro/dollar options rose, indicating hedging before inflation data releases … Read more