europefx Key Takeaways: 💱 Implied volatility of major exchange rates has decreased significantly 📉 CME Group’s G5 currency volatility index has reached pre-pandemic levels 💵 Three-month options prices for major currency pairs have returned to early 2022 levels 🔄 Euro and sterling "puts" are pricier than "calls" but the premiums have decreased 🌍 Lack of demand … Read more
Key Takeaways: 💵 Dollar strengthened as markets awaited global inflation data 📉 New Zealand dollar tumbled after RBNZ held rates and revised peak rate projection 📊 Aussie dollar remained low after softer than expected inflation data 📈 Market focus on upcoming consumer inflation data from the U.S., Germany, France, Spain, and euro area 🇺🇸 Higher-than-expected … Read more
Key Takeaways: 💱 Currencies are not expected to experience much volatility this year according to the options market 📉 Implied volatility of major exchange rates has decreased significantly, reaching levels seen two years ago 🗓️ Three-month options prices for major currency pairs are back to early 2022 levels 💼 Low demand shows lack of interest … Read more
Financial Market News: 💹 Most Asian currencies traded flat to low on Wednesday, with the dollar strengthening ahead of U.S. economic cues 📉 New Zealand dollar was the worst performer due to less hawkish signals from RBNZ 🔄 Federal Reserve officials indicated no hurry to cut interest rates, influencing trading range for regional currencies 💱 … Read more
Key Takeaways: 📊 Markets scaled back bets on future European Central Bank rate cuts 🪙 Bitcoin hit a two-year high with large players buying the cryptocurrency 🇨🇳 The dollar strengthened 0.06% versus the offshore Chinese yuan 🥝 The kiwi weakened 0.06% versus the greenback in anticipation of a significant policy meeting by the Reserve Bank … Read more
Key Takeaways: 💹 Japan’s core consumer inflation exceeded forecasts, leading to expectations of the Bank of Japan potentially ending negative interest rates by April. 🇯🇵 The yen strengthened on the surprising CPI data exceeding market expectations. 📉 U.S. durable goods orders fell more than expected in January, tumbling 6.1%. 📊 Markets have adjusted expectations on … Read more
Key Takeaways: 💵 The dollar struggled for direction ahead of key economic data 📈 Yen rose after Japanese inflation exceeded forecasts 🪙 Bitcoin hit a two-year high in Asian trade 📉 U.S. dollar index was down 💶 Euro was up versus the dollar 🏦 ECB officials sounded cautious about monetary policy easing 🇨🇳 Devaluation of … Read more
Key Takeaways: 💵 Dollar struggles for direction ahead of key data from U.S. Federal Reserve 📈 Yen rises after confirming inflation above Bank of Japan’s target 📊 Japan’s core consumer inflation exceeded forecasts, raising expectations of BOJ ending negative interest rates by April 🪙 Bitcoin hits two-year high in Asian trade on large players buying … Read more
Key Takeaways: 💵 The U.S. dollar is decreasing in value, while the euro is gaining ahead of important inflation data 📉 Dollar Index is trading lower against a basket of currencies 🏦 Federal Reserve is expected to maintain interest rates for longer as inflation is above target 📈 Core PCE price index data is anticipated … Read more
Key Takeaways: 💼 Standard Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel 📉 A surge in demand for overseas investments due to weakness in the local market and currency has prompted this move 💰 The QDII programme is the largest outbound investment channel for Chinese investors, … Read more