europefx Key Takeaways: 💵 The pound held steady after falling to a six-month low post-Trump victory 📉 Sterling has fallen around 2.7% since the election 🔀 The Bank of England may signal gradual rate cuts 🇬🇧 UK economy contracted unexpectedly in September 💼 Traders see a roughly 80% chance of BoE cutting rates again next month … Read more
Key Takeaways: 💵 Dollar slips slightly from one-year high, trading lower at 106.497 🇺🇸 Dollar index up 1.6% last week, showing strong performance 🗣️ Fed officials scheduled to speak this week on cautious note 🇪🇺 EUR/USD trades higher before speeches from European Central Bank officials 📉 German economy weak, impacting eurozone growth 📈 GBP/USD edges … Read more
Key Takeaways: 💹 Dollar rises against yen after BOJ hints at possible monetary policy tightening 📉 Euro remains near one-year low after Trump’s election victory 🏛️ BOJ Governor Ueda refrains from giving clear signals on rate hike timing 💼 Market pricing a 55% chance of quarter-point hike at next policy meeting in December 🇺🇸 U.S. … Read more
Key Takeaways: 💵 The dollar rose against the yen after Japan’s central banker hinted at further policy tightening 📈 Market pricing in a 54% chance of a quarter-point hike at the next policy meeting on Dec. 19 📉 Euro remained steady but close to a recent one-year low against the dollar 🇺🇸 Markets anticipate further … Read more
Key Takeaways: 💰 Dollar rose against the yen after BOJ Governor Kazuo Ueda’s comments on tightening policy 📉 Market unsure about timing of rate hikes in Japan 🏆 Dollar holding strong against a basket of currencies, climbing to a one-year top 🇺🇸 Trump’s policies expected to boost U.S. economy, leading to 5% dollar appreciation forecast … Read more
Financial Market Update: 💲 The dollar is expected to continue gaining strength due to higher Treasury yields and a more conservative outlook on U.S. rate cuts. 🐻 Yen bears are cautious amidst the risk of intervention by the Bank of Japan possibly raising rates in December. 🇯🇵 Japanese Finance Minister warns of intervention if yen … Read more
Key Takeaways 💰 Dollar set for biggest weekly gain in over a month 💹 Trump administration policies could stoke inflation, affecting interest rate cuts 📉 Euro headed for second straight week of losses 🛒 U.S. retail sales increased slightly more than expected in October 🇬🇧 Sterling facing steepest weekly fall since January 2023 📈 Dollar … Read more
Key Takeaways: 💰 Bitcoin broke through $90,000 in a Trump-related cryptocurrency rally 📈 Ethereum and Dogecoin also experienced significant gains post-election 🏦 Trump’s pro-crypto stance is encouraging for the industry 💼 The election results may lead to increased engagement with blockchain technology by regulated businesses 💡 Speculations around Trump’s involvement in crypto have driven mining … Read more
Key Takeaways: 💵 The dollar is set for a strong week with gains driven by Trump’s election victory and positive U.S. economic data 📉 Most Asian currencies are facing losses, with concerns over Chinese economic conditions affecting broader Asian currencies 🇯🇵 Japanese yen weakened due to slowing economic growth and less than expected inflation 🇨🇳 … Read more
Key Takeaways: 💪 The U.S. dollar is trading at a one-year high against major peers due to market expectations following Trump’s return to the White House. 📉 The euro and sterling are weakening against the dollar in response to Trump’s anticipated policies on trade, tariffs, and deficits. 📈 U.S. producer prices increased in October, while … Read more