europefx

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

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