europefx

Key Takeaways 💴 Safe-haven Japanese yen strengthened while riskier currencies like Aussie weakened 📉 Poor U.S. manufacturing data caused worry about the economy 📈 Dollar draws safety bids despite concerns about U.S. economy 🌐 Cryptocurrencies also declined 💰 Odds of Federal Reserve interest rate cut increased to 38% 💰 Yen surged as investors sought safe-haven … Read more

Key Takeaways 💵 The US dollar hit a 2-week high against the euro 📉 The euro declined by 0.24% against the dollar 📊 Investors are anticipating crucial payrolls data for impact on Federal Reserve’s decision 📈 Market expects interest rate cuts with a 63% chance of 25 basis point cut and a 37% chance of … Read more

Key Takeaways: 💱 The dollar rose to a two-week high against the euro 📊 Focus on jobs data this week after Powell’s comments on interest rate cuts 🛠️ Improvement in U.S. manufacturing but trend still indicates subdued factory activity ⏰ Markets expect a 63% chance of a 25 bps cut by the Fed in September … Read more

Key Takeaways 💵 The dollar is close to a two-week high against the euro as traders prepare for a data-heavy week. 📉 Economists expect an increase of 165,000 U.S. jobs in August, up from a rise of 114,000 in July. 🏭 U.S. manufacturing showed improvement last month, particularly in employment, but overall factory activity remains … Read more

Key Takeaways: 💪 Consensus trade expected Swiss Franc weakness 📈 USD/CHF 0.1% higher, up 1.3% YTD 🔄 Year has seen significant FX weakness in H1, recovery in H2 🇨🇭 Switzerland has factors for FX weakness, but CHF not weakening as expected 📉 Below expected Swiss CPI inflation in August, stable on monthly basis 📈 Swiss … Read more

Key Takeaways: 💵 Dollar near two-week high ahead of U.S. payrolls data 🇯🇵 Yen breaks losing streak after Bank of Japan governor’s comments 📉 Euro and sterling edging lower against the dollar 📈 Dollar index up at 101.80, highest in two weeks 📊 Markets pricing in 69% chance of 25 bps Fed rate cut 🇦🇺 … Read more

Key Takeaways: 💵 Dollar near two-week high awaiting U.S. economic data 🇯🇵 Yen strengthens after Bank of Japan governor’s interest rate raise comments 🇪🇺 Euro and sterling lose value against the dollar 📊 U.S. payrolls data on Friday crucial for Fed interest rate cut decision 📈 Markets expect 69% chance of 25 bps cut in … Read more

Key Takeaways 💵 Dollar remains close to a two-week high as investors await key economic data. 📉 Euro and sterling have weakened against the dollar. 🇺🇸 U.S. payrolls data on Friday will be a major focus for markets. 💼 Markets expect 25 or 50 basis points cut in interest rates by the Federal Reserve. 📈 … Read more

Key Takeaways: 💵 The U.S. dollar was trading higher near a two-week high ahead of the key jobs report 📉 Markets are anticipating a rate cut by the Federal Reserve, with a quarter-point reduction expected 📈 Strong dollar reflected anticipation of a rate cut, propelled by an increase in long-term Treasury yields 🔍 Jobs report … Read more

Key Takeaways 💴 Weakening dollar provides relief to economies globally 📉 Yen intervention speculation cancelled as yen rebounds 💹 China concerned about yuan strength due to dollar weakness 💸 Emerging market currencies in Asia see gains, Latin America faces challenges 💱 Sterling and Euro strengthen, support central banks’ policies 👑 Swedish crown rallies as currency … Read more