europefx Key Takeaways: 💵 Dollar rose due to an increase in U.S. bond yields after strong economic data 📉 Markets are less certain about size and speed of potential rate cuts from the Fed 📉 Expectations for a 25 bps cut in November with 13% chance rates will remain steady 📈 Yield on U.S. 10-year notes … Read more
Key Takeaways: 💵 Dollar climbed due to rise in US bond yields and positive economic data 📉 Markets pricing in 91.7% chance of 25 bps rate cut at Fed’s November meeting 📈 Yields on benchmark US 10-year notes rose to 3-month high 🇪🇺 European Central Bank cutting rates, Eurozone inflation expected to return to target … Read more
Currency and Market Trends: 💸 Dollar rose due to U.S. bond yield increase and upcoming presidential election 📉 Euro and sterling weakened against the dollar 🇯🇵 Yen weakened against the dollar 📐 Economic divergence between U.S. and Europe impacting currency moves 📈 Trump’s improving odds in the election are supporting the dollar 💹 The U.S. … Read more
Key Takeaways: 💹 USD/CHF pair may be reaching its upper limit 📈 Recent strong US dollar performance influencing movement 📉 Pair dropped from 0.90 to 0.84 due to weak US labor market reports 🏛️ Swiss National Bank’s guidance on rate cuts not impacting pair significantly 🔍 Focus on upcoming labor market reports for confirmation of … Read more
Key Takeaways: 💵 Dollar retains strength as US presidential election nears 💵 Dollar boosted by belief in slower US interest rate cuts 💼 Market positioning suggests anticipation of Trump victory in 2024 election 🔻 Euro slips after German PPI data reveals lower-than-expected producer prices 🏦 European Central Bank may cut key interest rate further if … Read more
Key Takeaways: 💰 Rising odds of Trump winning the U.S. election are boosting the dollar 📉 European Central Bank’s dovish rate cut affected currency moves last week 📈 Trump’s improving prospects are lifting bitcoin due to softer approach on crypto regulation 🔒 Market focus on corporate earnings, U.S. election risk, and rise in hedging costs … Read more
Key Takeaways: 💱 Most Asian currencies stuck in a tight range on Monday 📈 Dollar hit over 2-½ month high, boosted by risk aversion 🇨🇳 Doubts over Chinese stimulus impact weighed on regional markets 🇯🇵 Yen stayed close to recent lows amid uncertainties over BOJ’s rate hikes 🏦 PBOC cut benchmark loan prime rate more … Read more
Key Takeaways 💵 UBS believes that the dollar has received a boost due to the return of the "Trump trade" 📈 Dollar rallies should be sold as Trump may not be outright positive for the greenback in the medium term 🗳️ U.S. election is too close to call, but Trump has gained ground and has … Read more
Key Takeaways: 💵 USD expected to weaken by mid-single digits over the next 12 months 🔄 Falling US rates likely to undermine the USD’s strength 🌍 CHF, GBP, and AUD are identified as attractive alternatives to USD 🇨🇭 Switzerland expected to benefit as the CHF’s yield differentials improve 🇬🇧 UK and Australia’s high yields may … Read more
Key Takeaways: 💰 USD/CNH currency pair could rise by 11% if Trump imposes 60% tariff on China 📊 Historical data shows $10 billion tariffs increased USD/CNH exchange rate by 1.7% 📈 Nomura projects 10.7% increase in USD/CNH with 60% tariff 💹 Nomura maintains a long position on USD/CNH pair 🤔 Potential risks include Chinese government … Read more