europefx Key Takeaways 💵 U.S. dollar edged higher ahead of payrolls report release 📊 Inflation by Fed’s measure came in at 2.1% in September 📈 Dollar expected to face some negative impact after jobs report 🇪🇺 Euro trading lower as eurozone inflation accelerated 🇬🇧 GBP rose with traders digesting UK budget and tax increases 🇯🇵 Yen … Read more
Key Takeaways: 💻 Founder of crypto firm Gotbit indicted for alleged wire fraud 📉 Alleged role in conspiracy to manipulate cryptocurrency markets 🔒 Charged with wire fraud and conspiracy to commit market manipulation 💼 Aleksei Andriunin of Gotbit indicted for manipulating cryptocurrency markets 🕵️♂️ Charged with wire fraud and conspiracy 📈 Traders and investors use … Read more
Key Takeaways: 🇯🇵 The yen rose against the dollar following the Bank of Japan’s less dovish remarks 💸 U.S. consumer spending increased more than expected in September, hinting at economic growth 🔍 Inflation by the Fed’s targeted measure was at 2.1% in September, down from 2.3% in August 💲 Futures contracts put the chances of … Read more
Key Takeaways 💴 The yen strengthened after the Bank of Japan’s less dovish tone than expected. 📉 The U.S. dollar slightly decreased ahead of upcoming jobs data and the U.S. presidential election. 🇯🇵 The BOJ cut its core consumer inflation forecast but mentioned upside risks for that year. 🌍 Moves in currency pairs were modest, … Read more
Key Takeaways: 💴 The yen firmed after the Bank of Japan took a less dovish tone, signaling potential interest rate hikes. 📈 The dollar dipped ahead of jobs data and the U.S. presidential election next week. 🇯🇵 The Japanese currency strengthened on other currencies such as the euro. 💷 Sterling rose after Britain announced significant … Read more
Key Takeaways: 💵 Dollar traded in tight ranges, awaiting payrolls report 📈 Recent economic readings reflect mixed signals on US economy strength 🔍 Eyes on nonfarm payrolls, European data, and US presidential election 🇩🇪 German retail sales unexpectedly rose in September 🇬🇧 GBP/USD rose post-UK budget, BoE likely not to be swayed by government plans … Read more
Key Takeaways: 💵 Bank of Japan maintains policy rate at 0.25% 📈 Economic outlook remains uncertain 🌐 Global economic conditions are posing risks 💹 The yen has gained against the dollar after Bank of Japan Governor Kazuo Ueda mentions the impact of the weak yen. 📈 Japan’s currency strengthened by 0.9% to 152.06 against the … Read more
Key Takeaways: 💲 The dollar softened against other major currencies due to stronger-than-expected U.S. data and a UK budget release 💹 U.S. private payrolls growth surged in October, and the economy grew at an annualized rate of 2.8% in the third quarter 📊 The U.S. dollar index rose to 104.63, but then fell back to … Read more
Key Takeaways: 💲 Global Payments selling AdvancedMD to Francisco Partners for $1.13 billion 📈 Shares of Global Payments up nearly 4% with announcement of $600 million accelerated stock buyback plan 🔍 Focus on core operations and reducing exposure to challenging healthcare market 🌍 Global Payments CEO emphasizing focus on areas with potential growth 💼 Global … Read more
Key Takeaways: 💵 US dollar strengthened after stronger-than-expected private sector jobs data 📊 U.S. economy grew at a rate of 2.8% in the third quarter 🪙 Bitcoin surged close to an all-time high as traders bet on a Donald Trump victory 🇬🇧 Pound fell as British bond yields rose sharply and the Labour government delivered … Read more