europefx

Key Takeaways: The US dollar inched higher as investors awaited the US consumer inflation report for November The euro slightly declined ahead of the European Central Bank policy meeting The US consumer inflation report is expected to show a rise in the headline annual number to 2.7% and core inflation at 3.3% … Read more

Key Takeaways Bank of Korea governor believes the dollar-won exchange rate won’t return to past levels Difficulty in stabilizing the dollar-won rate Market in a wait-and-see mood President Yoon Suk Yeol’s martial law attempt caused economic uncertainty Won quoted at 1,427.8 per dollar, showing volatility South Korea’s central bank … Read more

Key Takeaways Australian dollar decreased following RBA’s softer stance on inflation outlook RBA signals higher chance of earlier interest rate cut Traders await U.S. inflation reading for clues on Fed easing Aussie reached near four-month low China’s loose monetary policy pledge impacts Aussie New Zealand dollar also drops in … Read more

Key Takeaways: Bank of Korea governor believes it is difficult for the dollar-won exchange rate to return to previous levels Dollar-won rate has not stabilized and the market is uncertain The won was quoted at 1,427.8 per dollar, lower than previous close and a recent two-year low Home Office is pausing … Read more

Key Takeaways Bitcoin fell 5% to $95,519 at 2103 GMT on Monday Bitcoin is down 7.1% from the year’s high of $103,647 on Dec. 5. The drop in value is significant and could impact investors This decrease marks a shift in the Bitcoin market trend Bitcoin’s price has fallen 5% … Read more

Key Takeaways: Dollar slightly up in skittish trading as investors await U.S. inflation data Australian and New Zealand dollars rally after China pledges "appropriately loose" monetary policy China to adopt loose monetary policy next year to support economic growth Main events this week include ECB policy meeting and China’s Central Economic … Read more

Key Takeaways: Euro remained steady against the dollar in volatile trading Australian and New Zealand dollars rose after China’s loose monetary policy announcement U.S. inflation data awaited by investors for potential Fed interest rate cut China’s shift to support economic growth with loose monetary policy and proactive fiscal measures Dollar … Read more

Key Takeaways: US job market remains solid Party leadership meeting due to disappointing election results BP and JERA agree on offshore wind deal Profits only expected to increase with rising PGMs prices SA needs holistic view of mining for environmental protection and community benefit Refugees in Turkey, Lebanon, and … Read more

Key Takeaways: Euro steady against dollar as investors await U.S. inflation data Markets expect U.S. Fed to cut rates by 0.25 points Australian and New Zealand dollars rise on China’s loose monetary policy Chinese yuan strength affecting other currencies like kiwi and Aussie Central banks like ECB, BoC, SNB, and … Read more

Key Takeaways: Dollar Index traded 0.1% lower Dollar retains support as a safe haven due to geopolitical tensions US consumer inflation data for November will influence interest rate trajectory EUR/USD edged higher, awaiting ECB rate decision ECB expected to agree on another 25-bps rate cut GBP/USD traded 0.3% higher, … Read more