europefx

Key Takeaways Dollar gained against European peers ahead of U.S. inflation data Euro down 0.1% at $1.0515, pound shed 0.2% to $1.2747 Expected quarter-point rate cut by the Fed on Dec. 18 Market concerned about unexpected CPI report impacting Fed easing expectations Economists expect both headline and core consumer prices … Read more

Key Takeaways: High-level discussions suggest China may allow its currency to weaken next year Weaker yuan may be in response to expected sharp hike in tariffs Cheaper exchange rate helps exporters be competitive internationally Yuan weakening could signal a new round of global tariffs and trade tensions Risk of tariff … Read more

Key Takeaways: US dollar rose before inflation report, impacting euro and yuan Dollar index traded higher at 106.410 Expected US annual inflation at 2.7% in November Core inflation expected at 3.3% monthly basis Market predicts 88% chance of 25bp Fed rate cut next week EUR/USD slipped ahead of European … Read more

Key Takeaways The dollar gained against European peers and Asian currencies due to upcoming U.S. inflation data Expectations are for a quarter-point rate cut by the Fed with U.S. CPI data release China is considering allowing the yuan to weaken in response to potential trade tariffs China’s move may trigger economic … Read more

Key Takeaways: China is considering allowing the yuan to weaken in 2025 to brace for higher trade tariffs The yuan fell about 0.3% to 7.2803 per dollar, impacting China-sensitive currencies like the South Korean won and New Zealand dollar Analysts caution against aggressive Chinese currency depreciation as it may lead to potential … Read more

Key Takeaways: Japanese wholesale inflation accelerated, supporting the case for a Bank of Japan interest-rate hike U.S. dollar firm against major peers ahead of U.S. inflation data Australian dollar fell after dovish central bank policy Antipodean currencies boosted by China’s pledges for fiscal and monetary support U.S. dollar to yen … Read more

Key Takeaways: Most Asian currencies inched higher as the dollar weakened ahead of U.S. inflation data Focus on China’s annual economic policy meeting for clues on stimulus measures Dollar Index lost 0.1%, dollar index futures ticked lower in Asian trade Chinese yuan’s offshore pair fell, onshore pair remained largely unchanged … Read more

Key Takeaways: The US dollar rose ahead of US inflation data, with analysts speculating on the impact of President-elect Donald Trump’s policies The Australian dollar dropped due to the Reserve Bank of Australia softening its tone on inflation outlook Market sees a potential 25-bps rate cut by the US Federal Reserve, but … Read more

Key Takeaways: British pound hits highest level against euro since April 2022 BOE expected to be less aggressive in cutting interest rates compared to ECB Sterling appreciated by 0.3% to 82.50 pence per euro UK government bonds (gilts) experienced decline with yields on 10-year notes climbing to 4.33% BOE anticipated … Read more

Key Takeaways: The US dollar rose ahead of US inflation data and amid expectations of a 25 bps rate cut by the Federal Reserve next week The Australian dollar dropped sharply following a softened tone on inflation outlook by the Reserve Bank of Australia Weak Chinese trade data led to a drop … Read more