europefx

Key Takeaways: 💵 Most Asian currencies strengthened slightly, with the dollar retreating from recent highs 📉 Dollar index and futures fell by 1% each in Asian trade 🇰🇷 South Korean won strengthened despite interest rate cut, focus on more potential reductions 🔍 Chinese yuan rose, attention on fiscal stimulus measures from Beijing 📊 Fed likely … Read more

Key Takeaways: 💵 Dollar slipped against the yen on Thursday 📉 Labor market weakness and rising inflation data impacting Federal Reserve decisions 📈 Inflation rate increased 0.2% in September, 2.4% year-on-year 🇯🇵 Bank of Japan Deputy Governor comments supporting rate hikes affecting dollar’s strength 💶 Euro dropped against the dollar to lowest level since August … Read more

Key Takeaways: 💵 Dollar edged lower against yen due to labor market weakness and higher U.S. inflation 📊 CPI increased 0.2% in September, climbed 2.4% year-on-year 📉 Dollar index slightly up in choppy trading against six key rivals 🛠 Labor Department data showed consumer price index rise and notable initial claims for unemployment benefits 🔍 … Read more

Key Takeaways 💵 The U.S. dollar edged lower against the yen following an uptick in U.S. inflation 📈 Consumer Price Index increased by 0.2% in September 📉 CPI climbed by 2.4% in the 12 months through September, the smallest rise since February 2021 📈 Uptick in U.S. inflation 📉 Dollar index down 0.09% to 102.780 … Read more

Key Takeaways: 💵 The U.S. dollar hit a 10-week high against the yen before dipping 📊 Markets are becoming more confident in the Fed’s patient approach to monetary easing 📈 Euro remained flat against the dollar near lowest levels since August 📉 September’s CPI likely to show core U.S. inflation holding steady at 3.2% year-on-year … Read more

Key Takeaways: 💰 The New Zealand dollar fell after the Reserve Bank of New Zealand cut interest rates. 📉 UBS expects the New Zealand dollar to fall further against the US dollar. 📊 UBS predicts another 50bp interest rate cut in November. 🌏 Global markets are adjusting expectations for rate cuts. 🇳🇿 NZD is expected … Read more

Key Takeaways: 💵 Dollar rose to a 10-week peak against the yen as confidence in Fed’s approach increased 📊 Dollar index close to two-month top, traders reducing bets on U.S. rate cuts 📈 Sept’s CPI likely to show steady core U.S. inflation at 3.2% year-on-year 🏦 Fed’s focus on keeping labor market healthy, less concern … Read more

Key Takeaways: 💰 U.S. dollar hits a 10-week high against the yen 📉 Dollar index close to a two-month top as traders reduce bets for U.S. rate cuts 📊 Economists predict core U.S. inflation to hold steady at 3.2% year-on-year 🇺🇸 Fed reinforces focus on keeping labor market healthy 🔮 Traders put 85% odds on … Read more

Key Takeaways 💹 Most Asian currencies firmed slightly after recent losses 📉 Doubts over Federal Reserve interest rate cuts impacted regional currencies 🌏 Improving sentiment towards China boosted Asian currencies 📈 Dollar index remained near seven-week highs in Asian trade 📊 Focus on consumer price index inflation data for Fed’s interest rate plans 💰 Traders … Read more

Key Takeaways: 💹 Traders are optimistic that the Federal Reserve will not continue easing rates aggressively 📉 The U.S. dollar reached a two-month high against the euro 📊 Traders see an 83% chance of a 25 basis point rate cut at the November Fed meeting ✨ The New Zealand dollar tumbled after interest rates were … Read more