europefx Key Takeaways: 💵 Dollar is on track for its biggest October gains in over a decade 📉 BofA analysts believe the USD rally is losing steam 🏦 Central banks aim for price stability by adjusting policy rates 💱 Central banks have doves advocating for loose monetary policy and hawks for higher rates 🤝 Chairman or … Read more
Key Takeaways: 💹 BofA analysts believe USD rally is losing steam and beginning to fade 📈 Dollar index has climbed 2.5% in October, best performance since 2022 🔮 Drivers like U.S. yields, safe-haven flows, and economic performance expected to lose steam 🐻 BofA suggests bearish view on USDCAD due to potential BoC rate cut 🌍 … Read more
Key Takeaways: 💵 U.S. dollar rose to a 2-1/2-month high on expectations of Fed tempering interest rate cuts ⬆️ Positive economic data has reduced expectations of size and speed of Fed rate cuts 📈 Benchmark 10-year U.S. Treasury note yield rose to its highest since July 26 🗳️ Market expectations are pricing in a 89.6% … Read more
Key Takeaways: 💹 Dollar rises to fresh 2-1/2 month high on expectations of Federal Reserve rate adjustments 📈 U.S. Treasury yields increase, with benchmark 10-year note hitting highest since July 📉 Market prices in 91% chance of 25 basis point rate cut at Fed’s November meeting 🌎 Strong U.S. economic data driving divergence in central … Read more
Key Takeaways: 💱 EUR/USD projected to climb towards 1.16 by 2025 📊 USD has made a comeback in October due to strong US labor market report and PMI data 🌍 ECB cut rates in response to lower European inflation 📈 US election poses short-term risks for EUR/USD ⚖️ UBS recommends selling USD strength, especially in … Read more
Key Takeaways: 💵 U.S. dollar is close to its August high on expectations of measured Fed policy easing 📈 Benchmark 10-year Treasury yields are rising, keeping pressure on yen, euro, and sterling 📉 Markets are pricing in an 87% chance of a 25 bps rate cut next month 🇺🇸 U.S. election uncertainty is influencing market … Read more
Key Takeaways: 💲 US dollar trading above implied fair value 📈 3% increase in dollar compared to currency basket 🗳️ Trump favored to win election despite some divergence 🛡️ Trump victory could support dollar through policy proposals 🏦 Overseas central banks expected to cut interest rates, supporting dollar 🏛️ Possible outcomes include a win for … Read more
Key Takeaways: 💰 Goldman Sachs predicts euro could drop 10% 📉 Euro may fall below $1 if Trump enacts tariffs and tax cuts 🌍 Global tariff and import levy on China could trigger dollar rally 💸 Domestic tax cuts in the US could lead to euro depreciation by 8-10% 🇪🇺 The European economy could face … Read more
Key Takeaways 💵 The U.S. dollar is at a 2-1/2-month high due to expectations of a measured approach to rate cuts by the Federal Reserve 📉 Markets anticipate an 89% chance of a 25 bps rate cut next month 🇺🇸 Rising odds of Donald Trump winning the election boosting the dollar due to the perceived … Read more
Key Takeaways: 💱 Most Asian currencies are trading flat to low 📉 Growing bets on slower rate cuts by the Federal Reserve have boosted the dollar 💵 Dollar steadied near recent peaks with focus on interest rates and upcoming presidential election 🇨🇳 Yuan weakened after People’s Bank of China cut benchmark rates more than expected … Read more