europefx

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

Key Takeaways Most Asian currencies rose slightly as the dollar declined before a key inflation reading The Japanese yen performed well after higher than expected consumer price index inflation Expectations are growing for the Bank of Japan to raise interest rates sooner due to sticky inflation Broader Asian currencies were slightly … Read more

Key Takeaways: Standard Chartered has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week The suspension is due to "commercial reasons" as explained by the London-headquartered bank The move comes amid Beijing’s efforts to stem capital outflows as weaker yuan and a slowing … Read more

Key Takeaways Dollar is experiencing its largest two-day decline since 2009 Rate outlook is shifting, impacting the value of the dollar Global economic factors are influencing the forex market Other currencies may be gaining strength relative to the dollar during this period The dollar was mostly lower on Monday … Read more