europefx 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
Key Takeaways: 💵 US dollar edges up with confidence in reduced central bank easing 📉 Euro falls to two-month low against dollar 🇯🇵 Yen fluctuates after Japan’s PM comments on monetary policy 🔝 Dollar index rises to highest since August 📉 Australian and New Zealand currencies hit hard by demand worries 📈 Expectations of Fed … Read more
Key Takeaways: 💰 Buying Australian dollar recommended by HSBC 🇨🇳 Policy support from China a crucial factor 📈 Growing easing bias among major central banks 💸 Aussie dollar appears undervalued and cheap 🌍 Global financial conditions becoming more supportive for risky assets 🛡️ Tricky near-term trading environment for AUD due to Fed repricing and geopolitical … Read more
Key Takeaways: 💵 UBS advises caution over potential US dollar weakness 📈 Limited selective opportunities for a quick reversal of recent USD strength 🇺🇸 Markets close to US elections, outcomes too close to call 📊 "Red Sweep" in elections could be USD-bullish 🔄 Reversal in favor of weaker USD may not be rewarding 💱 More … Read more
Key Takeaways: 💵 The dollar had its best week in two years, showing strength against other currencies 🌍 Central banks in Europe and Japan signaled they would match any rate cuts by the Fed 💰 Huge demand for U.S. assets from overseas investors is keeping the dollar strong 🇺🇸 U.S. investors show little interest in … Read more
Key Takeaways: 💵 The dollar steadied after a strong rally, with investors monitoring the interest rate outlook for the U.S. 👉🏼 The New Zealand dollar dropped to its lowest point following a substantial interest rate cut by the RBNZ. 📉 Markets have scaled back expectations of strong interest rate reductions after robust U.S. jobs report … Read more
Key Takeaways: 🌏 Most Asian currencies and the dollar are stable ahead of Federal Reserve signals and U.S. inflation data 💰 New Zealand dollar drops sharply after Reserve Bank of New Zealand cuts rates 🇨🇳 Easing optimism about Chinese stimulus measures affects regional currency sentiment 📈 Dollar index near seven-week high after strong payrolls data … Read more
Key Takeaways: 💰 Dollar eases from near seven-week highs against major currencies 📈 Traders reevaluate U.S. rate cut expectations after strong jobs report 🔒 Fed officials signal no further large rate cuts after initial September move 📉 Markets are now pricing in a lower chance of rate cuts in November and December 📉 Chinese yuan … Read more
Key Takeaways: 💵 The dollar held steady near seven-week highs against major currencies 📉 Markets are predicting a 90% chance of a 25-basis-point rate reduction in November 🇨🇳 The Chinese yuan dropped against the dollar 🇬🇧 The pound edged higher after hitting a three-week low ⚖️ Geopolitical tensions in the Middle East are being closely … Read more
Key Takeaways: 💹 In Japan, Prime Minister Shigeru Ishiba called a snap election for October 27 📉 The LDP’s approval rating has dropped, but the ruling coalition is expected to maintain majority 🗳️ Japanese general election is not expected to be a crucial driver for USD/JPY, US Presidential election may have more impact 💵 Under … Read more