europefx

Key Takeaways: US dollar slipped ahead of labor market data release Dollar Index traded 0.1% lower at 106.180 Market awaits weekly initial claims and NFP data for future rate move guidance Euro climbed despite French political turmoil German factory orders and French industrial production down, suggesting weak growth UK … Read more

Key Takeaways: Bitcoin surged past $100,000, driven by expectations of a crypto-friendly environment under President-elect Trump. Euro rose despite French government collapse, with the collapse already being priced in by traders. European Central Bank is expected to cut rates next week, with traders anticipating around 157 basis points of easing by 2025. … Read more

Key Takeaways Bitcoin surged past $100,000 for the first time Expectations for a European Central Bank rate cut next week Japanese yen strengthened as Bank of Japan rate hike uncertain South Korean won weakens, government activates stabilization funds Investor confidence in Fed rate cut holds firm despite economic data … Read more

Key Takeaways Malaysia closely monitoring U.S. tariffs on BRICS countries Malaysia aims to challenge the dominance of Western economies by joining BRIC grouping U.S. is Malaysia’s third biggest trade partner U.S. firms are main investors in Malaysia’s semiconductor sector Imposing 100% tariffs could harm global supply chain and disrupt trade … Read more

Key Takeaways: Euro edged higher against the dollar following the collapse of the French government. Dollar remained stable with expectations of a December interest rate cut. South Korean won strengthened due to central bank intervention and liquidity support. French President Macron plans to quickly appoint a new prime minister if the … Read more

Key Takeaways: The euro rose as a French no-confidence vote was priced in, while the U.S. dollar fell on December interest rate cut expectations. The South Korean won strengthened due to suspected central bank intervention and liquidity support pledges. French President Emmanuel Macron plans to swiftly appoint a new prime minister if … Read more

Key Takeaways Euro holding steady ahead of French no-confidence vote Australian dollar hits four-month low due to slowing economic growth South Korean won rebounds after martial law declaration is reversed Dollar gains against Japanese yen as doubts rise on Bank of Japan interest rate hike Market-implied odds of U.S. rate … Read more

Key Takeaways: UBS lowered USDJPY forecasts to 145 for end-2025 and end-2026 Growing confidence in BOJ’s ability for rate hikes UBS remains short EURJPY, expecting a decline USD trading near mid-November highs despite tariff announcements Political uncertainty in Europe could weigh on the euro Traders focus on US ADP … Read more

Key Takeaways: The US dollar strengthened, boosted by safe-haven status amid global political turmoil Euro retreated ahead of French no-confidence vote Euro struggled as French political crisis escalated and eurozone business activity declined GBP/USD rose due to UK activity data showing expansion USD/KRW stabilized following South Korean President declaring martial … Read more

Key Takeaways: BofA predicts AUD to weaken to 0.63 USD by mid-2025 with continued tariff-driven trade policies Potential scenario of full-blown trade war could cause AUD to tumble to 0.55 USD If incoming US administration adopts Reagan-like policies, AUD could climb to 0.70 USD Outlook for the Australian dollar is dependent … Read more