europefx Key Takeaways: 💹 The yen rose following comments from a Japanese politician urging the BOJ to hike rates 📉 The Australian and New Zealand dollars decreased after China’s interest rate cut 🇨🇳 China cut major interest rates to boost growth, impacting Antipodean currencies like AUD and NZD 💹 JPY gaining momentum as BoJ contemplates rate … Read more
Key Takeaways 💱 Aussie and kiwi dollars struggled after China’s rate cuts 📉 Australian dollar fell to a three-week low, New Zealand dollar hit weakest level since early May 🇨🇳 China’s rate cuts signal intent to boost growth in the economy 💴 Yen rose ahead of BOJ policy meeting, dollar fell against yen to 156.32 … Read more
Key Takeaways: 💹 Most Asian currencies rose as the dollar weakened due to rate cut expectations and political uncertainty over the U.S. presidential election 📈 Japanese yen strengthened against the dollar on government intervention 🇯🇵 Japanese government called for clarity on BOJ interest rate hikes 📉 Dollar index and futures fell due to volatile U.S. … Read more
Key Takeaways: 💵 US dollar slightly higher due to safe-haven flows post-Biden announcement 📉 Markets expecting volatility as Biden withdraws from presidential race 📈 Dollar index rises but outcome of presidential race remains unpredictable 💲 Strength of dollar post-election unclear, impact on Japanese currency also uncertain 💰 Fed likely to cut rates, dollar drops versus … Read more
Key Takeaways: 🇺🇸 Biden ended his re-election campaign, endorsed Kamala Harris 📚 Limited historical precedent to predict market reactions to Biden’s exit for the coming days and weeks 📈 Markets are anticipating volatility with the new uncertainty introduced by Biden’s decision 🔄 Shift in market dynamics with a focus on smaller companies and anticipated Harris … Read more
Key Takeaways: 💵 Dollar slightly eased against a basket of currencies 🇯🇵 Dollar dropped versus the yen 🗳️ Biden ended re-election bid, endorsed Harris 📈 Market expects strong dollar regardless of election outcome 💰 Fed expected to cut rates, BoJ to tighten monetary policy 🇺🇸 Election developments unlikely to impact dollar unless candidates mention it … Read more
Key Takeaways: 💹 The surprise rate cuts in China aim to boost economic growth 📉 Initial declines in the yuan were a knee-jerk reaction and further weakness will be carefully managed 📊 The rate cuts included adjustments to various interest rates 💱 The yuan has faced headwinds due to various factors such as weak growth … Read more
Key Takeaways: 💵 Dollar eased against a basket of currencies and dropped sharply vs yen 🇯🇵 Japanese currency could be at a turning point due to Fed rate cuts and BoJ tightening 📉 Money markets fully price in a 25 bps Fed rate cut by September 📉 Dollar index fell 0.1% at 104.30 🔁 Biden … Read more
Key Takeaways: 💹 India’s economy expected to grow at 6.5%-7% in 2024/25 📉 Growth forecast is below the 7.2% prediction by the central bank 🏠 Top 10 most affordable cities in India to buy a house 🕌 Most visited monuments in India 💰 Pros and cons of investing in value stocks 📈 Top 10 tips … Read more
Key Takeaways: 💸 Asian currencies stagnant after China interest rate cut and Biden’s re-election decision 🇺🇸 Dollar weakened with uncertainty over U.S. political landscape 📉 Chinese yuan weakens after People’s Bank of China’s rate cut to aid economy 🇯🇵 Japanese yen stable, Australian dollar and Singapore dollar down 🇰🇷 South Korean won and Indian rupee … Read more