europefx

Key Takeaways: 💵 Dollar weakened against yen in anticipation of U.S. Fed easing 🇺🇸 Markets look to Fed for interest rate cut, with 61% probability of 50 basis point cut 📉 $1.1129 per euro close to year’s low, expecting over 100 basis points rate cuts by Christmas 📈 Yen up more than 12% since July … Read more

Key Takeaways: 💵 The dollar is wavering ahead of a U.S. Federal Reserve policy meeting expected to begin an easing cycle. 📉 Markets are pricing a 2/3 probability of a 50 basis point rate cut. 📈 The yen has surged more than 12% since July due to the Bank of Japan hiking rates. 💱 Traders … Read more

Key Takeaways 💵 Most Asian currencies strengthened, while the dollar weakened 🇯🇵 Japanese yen performed well, rebounding and remaining near peaks 📉 Dollar index and futures both decreased in Asian trade 🛍️ Dollar slightly strengthened after robust retail sales data 📉 Expectations of Fed rate cut pushing dollar lower 🌏 Prospect of lower rates favor … Read more

Key Takeaways: 💵 The US dollar strengthened against most major currencies following better-than-expected retail sales data 📉 The euro and yen weakened against the dollar 🏦 The Federal Reserve is expected to deliver its first interest rate cut in over four years 📈 Fed funds futures show increased chances of rate cuts, with 63% chance … Read more

Key Takeaways: 💸 Mexican peso and financial assets are expected to underperform 🌍 Mexican assets have lagged behind EM peers in dollar terms 🤔 Poor performance attributed to political and economic factors 🇲🇽 Future performance tied to domestic and global issues 💼 President Sheinbaum faces economic challenges 📈 Global risk appetite could benefit Mexican assets … Read more

Key Takeaways: 💵 U.S. dollar strengthened against major currencies after better retail sales data 📈 Retail sales data supported belief in a less aggressive Fed rate cut 🛍️ U.S. retail sales unexpectedly rose 0.1% in August 🏦 Fed’s interest rate decision to come after its meeting on Wednesday 📊 Dollar index rose to 100.84 against … Read more

Key Takeaways: 💵 The dollar is near its lowest levels of the year 🇪🇺 The euro is hovering around $1.1132 📉 The yen has room to rally on a dovish turn from the U.S. central bank 🔄 Fed funds futures indicate a 65% chance of a 50 basis point rate cut 📉 The USD could … Read more

Key Takeaways 💵 Dollar hit by expectations of 50 bps rate cut 📉 US dollar fell to lowest levels this year 📅 Fed might cut rates by 25 bps with total of 75 bps cuts by 2024 📈 USD might increase after initial rate-cut announcement 📈 USD may go up against emerging market and commodity … Read more

Key Takeaways: 💱 The dollar is trading near its lowest levels of the year 📉 Markets are expecting a U.S. easing cycle to begin with a potentially large rate cut 📊 Fed funds futures indicate a 69% chance of a 50 basis point rate cut 🇯🇵 The yen has room to rally on a dovish … Read more

Key Takeaways: 💵 BNP Paribas predicts euro could rally against the dollar in a global recession 📈 Euro and peripheral government bond spreads in the currency bloc are less sensitive to risk-off periods 🌍 Euro/dollar is the most actively traded currency pair globally 📢 BNP Paribas forecasts euro/dollar to rally to $1.15 by end-2025, gaining … Read more