europefx 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
Key Takeaways: 💵 Dollar expected to increase in value as foreign central banks accelerate rate cuts 📉 Dollar may weaken in the short term against G10 currencies 🌍 Emerging market currencies likely to be impacted by rate cuts in G10 economies 🇨🇳 China’s economic performance may negatively affect certain currencies 🗳️ U.S. election outcome may … Read more
Key Takeaways: 💵 Yen hits three-month lows against the dollar after Japan’s ruling coalition’s election loss raises uncertainty in politics and monetary policy 📉 Yen declines by 6.4% in October, largest among G10 currencies 🏛️ Japan faces a period of political wrangling to secure a coalition after election results 🤝 Japan may face a government … Read more
Key Takeaways 💼 LDP’s loss of parliamentary majority in Japanese general election 🏛️ Formation of a wider coalition with opposition parties expected 💴 USD/JPY traded weaker after election results 🌎 Potential impact on interest rates and policy rate hikes 💰 Possibility of Ministry of Finance intervention if USD/JPY exceeds ¥155 💼 Japanese Prime Minister Shigeru … Read more
Key Takeaways: 💴 The yen hit three-month lows due to the loss of a parliamentary majority in Japan’s ruling coalition 💹 The U.S. dollar is on track for its biggest monthly gain since 2022 📉 The yen declined by 0.2% against the dollar in October, the largest drop among G10 currencies 💼 Japan’s election results … Read more
Key Takeaways: 💵 Dollar steadied and set for a substantial monthly gain 🔍 Economic data this week may impact U.S. interest rate cuts ⏳ U.S. presidential election is influencing dollar movement 🏦 ECB may consider larger rate reduction with weak inflation data 💷 UK Labour government facing financial challenges 🇯🇵 Yen weakens as political uncertainty … Read more
Key Takeaways: 🏦 Yen weakened to a 3-month low after Japan’s election results 💱 US dollar on track for largest monthly rise in 2.5 years 📉 Markets are anticipating interest rate hikes due to US economic strength 📈 Euro down more than 3% in the month 📆 Euro zone data and US election results could … Read more
Key Takeaways: 💰 Yen slumps to a three-month low against the dollar and euro 🇺🇸 Dollar set for largest monthly rise in two and a half years 🔄 Australian and New Zealand dollars weaken due to China’s stimulus plans 📈 U.S. economy strength lifting bets on Donald Trump presidency 🤝 Coalition wrangling expected after ruling … Read more
Key Takeaways: 💱 Most Asian currencies weakened on Monday ⬆️ Yen slid to a three-month low 🇺🇸 Dollar rose to a near three-month high 📉 Limited gains for regional currencies due to smaller U.S. interest rate cuts 🗓️ Anticipation of key economic readings this week 🗳️ Loss of parliamentary majority for Japan’s ruling party 📈 … Read more
Key Takeaways: 💼 British business confidence declined ahead of the budget plan 📉 Lloyds Bank’s business barometer dropped by 3 percentage points to +44% in February 📈 Firms were more optimistic about their own prospects than the broader economy 🧐 Increase in hiring intentions indicates employers want to grow their workforce 📊 Two surveys reported … Read more