europefx

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

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