europefx

Key Takeaways Market is focused on Canadian dollar and Australian dollar ahead of central bank meetings this week Euro and major currencies are losing ground to a strong U.S. dollar Analysts recommend shorting U.S. dollars into year-end due to overvaluations Geopolitical developments and trades support staying long on the dollar … Read more

Key Takeaways: South Africa’s rand firmed early on Monday, trading at 17.94 against the dollar Week filled with key data releases to gauge the health of the economy Investors watching mining production, manufacturing, retail sales, and inflation data Johannesburg Stock Exchange Top-40 index slightly down Benchmark 2030 government bond yield … Read more

Key Takeaways The Canadian and Australian dollars are focused on this week for their central bank meetings The U.S. dollar is gaining strength against major currencies Analysts recommend being short on U.S. dollars into the year end Dollar index rose to 106.20 Bitcoin reached a record of $103,649 Main … Read more

Key Takeaways Most Asian currencies dipped, with South Korean won leading losses Geopolitical tensions in Middle East affecting investor sentiment South Korean won depreciated nearly 10% in 2024 Taiwan dollar and Singapore dollar saw slight gains Australian dollar awaiting Reserve Bank rate decision Indian rupee ticked up after … Read more

Key Takeaways: US dollar rose on Friday, showing gains against euro and yen Unemployment rate in the U.S. slightly increased to 4.2% Marks in favor of another Fed rate cut as data suggests a softer labor market Dollar regained losses post-positive consumer sentiment and inflation expectations Dollar was mixed against … Read more

Key Takeaways: ECB expected to deliver fourth rate cut due to deteriorating euro area economy Australia’s central bank faces challenges with sputtering economy, low inflation Federal Reserve policy trajectory uncertain despite expectations of 0.2% inflation rise in November Bitcoin surpasses $100,000 after Trump’s election promises and potential influence of SEC appointment … Read more

Key Takeaways: Trump appoints former PayPal COO David Sacks as the White House A.I. & Crypto Czar Sacks aims to provide clarity and legal framework for the crypto industry to thrive Trump’s administration is expected to reshape U.S. policy on digital currency Tech backers want minimal regulation on AI and cryptocurrencies … Read more

Key Takeaways Dollar Index edged 0.1% higher ahead of monthly jobs report Euro weakened due to German industrial production decline Eurozone’s minimal growth suggests ECB rate cut next week UK house prices rose in November, indicating economic recovery Asian currencies subdued awaiting US jobs data RBI kept benchmark interest … Read more

Key Takeaways: ECB expected to deliver its fourth quarter-point rate cut with more cuts anticipated Swiss National Bank expected to cut rates by 50 bps U.S. inflation data on Wednesday to shape trajectory of Federal Reserve policy Bitcoin surged past $100,000 after Trump’s election promises Brazil’s central bank expected to … Read more

Key Takeaways Trump appoints former PayPal COO David Sacks as "White House A.I. & Crypto Czar" Sacks aims to create a legal framework for the Crypto industry to thrive in the U.S. Incoming administration officials, including SEC and CFTC chairs, expected to reshape U.S. policy on digital currency Trump backers advocate … Read more