europefx Key Takeaways: 💶 The euro rose after France’s first-round vote showed the far-right in pole position, but by a smaller margin than expected. 📉 Market pricing indicates a 63% chance of a Fed rate cut in September due to U.S. inflation cooling in May. 💵 The dollar index was 0.11% lower at 105.61 and the … Read more
Key Takeaways: 📉 Asian currencies trading in tight ranges on weak Chinese business data and growing bets on interest rate cut 📊 Mixed signals from China’s economy with government PMI showing a decline while private PMI shows growth 💵 Dollar retreats as traders increase bets on Federal Reserve rate cut in September 🇯🇵 Japanese yen … Read more
Key Takeaways 💶 The euro rose after the first round of France’s snap election, with the far-right party winning but by a smaller margin than expected. 📉 Yen struggled against a weak dollar due to Japan’s revised first-quarter growth figures showing a larger shrinkage. 🇺🇸 Dollar slightly fell against a basket of currencies amid U.S. … Read more
Key Takeaways: 🗳 Uncertainty prevails as final election outcome is still unclear 💰 Markets rattled by far-right and leftwing alliance’s pledges for big spending 📉 Premium bondholders demand for France’s debt over Germany’s surged last week 🌍 EU fiscal rules concerning France’s deficit prompt alarm among investors 🔄 Market volatility expected to continue as deal-making … Read more
Key Takeaways: 💶 Euro gained after first round of France’s shock snap election 🗳️ Uncertainty remains as final outcome depends on party alliances for second round 📊 Poll shows RN potentially winning an absolute majority 📈 Premium bondholders demand for France’s debt surged last week 📉 CAC 40 stock index lost almost 7% 🇫🇷 Far-right … Read more
Key Takeaways 💸 US dollar weakened on diminishing inflation data 📉 PCE price index remained unchanged, indicating disinflationary trend 📊 Market predicts Fed to cut interest rates with increase in chance of easing in September 📈 US personal consumption expenditures price index increased by 2.6% in 12 months 📅 Next week’s focus on US nonfarm … Read more
Key Takeaways: 💵 US dollar strengthening, on track for second quarterly gain 📈 Dollar index up by 0.1% at 105.705, poised for a 1.5% rise in the second quarter 🔍 Markets have adjusted expectations for US rate cuts, influencing dollar demand 📉 Euro weighed down by political uncertainty ahead of French elections 🇯🇵 Japanese yen … Read more
Key Takeaways: 💵 U.S. dollar weakened after weaker-than-expected economic data 📉 Dollar index dropped to a three-week low at 104.14 📈 Euro gained 0.5% versus the dollar to $1.0897 🏦 Markets are starting to question U.S. exceptionalism theme 🇺🇸 U.S. central bank expected to cut rates later this year 💶 European Central Bank considered almost … Read more
Key Takeaways: 💵 The U.S. dollar is strengthening and on track for a second consecutive quarterly gain, with market sentiment shifting in its favor. 📊 Markets are adjusting expectations for U.S. rate cuts, as investors turn to safe-haven assets like the dollar. 🇺🇸 Potential Trump administration seen as positive for the dollar, contributing to its … Read more
Key Takeaways: 💵 The U.S. dollar fell to a three-week low due to weaker economic data 📉 U.S. manufacturing and construction spending indicators pointed to a slowdown 🏛️ Markets anticipate rate cuts by the Federal Reserve later this year 🇪🇺 The European Central Bank is expected to cut rates after rising euro zone inflation 🇬🇧 … Read more