europefx

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

Key Takeaways Asian currencies lower, S.Korean won at 2-year low Australian dollar falls to four-month low on weak GDP Dollar strength puts pressure on regional currencies US Dollar Index rises for third straight session South Korean President Yoon Suk-Yeol’s martial law attempt faces backlash Korean won hit a two-year … Read more

Key Takeaways: Australian dollar weakened after soft GDP data Increased bets on earlier interest rate cuts by RBA GDP growth below expectations, driven by weak private spending Weak GDP data leads to expectations of earlier interest rate cut by RBA China’s economic troubles and US-China trade war fears affecting Aussie … Read more

Key Takeaways: Euro rose against the U.S. dollar due to political turmoil in France South Korean won dropped after martial law declaration but recovered after being lifted Demand for hedges in euro options hit its highest since March 2023 Traders confident Japan may hike interest rates Chinese yuan fell to … Read more

Key Takeaways: South Korean won hit a more than two-year low against the U.S. dollar South Korean stocks fell after President Yoon Suk Yeol declared martial law Uncertainty may keep Korean won under pressure Won is one of Asia’s worst performers so far this year due to various factors including tariffs … Read more

Key Takeaways: Korean won tumbled against the U.S. dollar after South Korea’s president declared martial law Euro recovered against the greenback amid political turmoil in France Dollar briefly rose after U.S. job openings increased and layoffs declined South Korean President declared martial law to protect liberal democracy Demand for hedges … Read more

Key Takeaways: Standard Chartered predicts USD strength overall in 2025 after early weakness Surge in interest rates and USD since October 2024 could challenge economic growth Skepticism regarding effectiveness of tariffs in promoting growth in the short term USD expected to resume upward trajectory once fiscal and tariff measures are defined … Read more

Key Takeaways: South Korean won hits a two-year low against the U.S. dollar Martial law declared by President Yoon Suk Yeol Currency fell to 1,424.46 won per dollar, the lowest since November 2022 President Yoon cites opposition parties for the parliamentary crisis State of emergency and martial law declared by … Read more

Key Takeaways: USD investor flows were negative last week Bank of America reported the decrease in USD investor flows Clients bought $0.8 billion in U.S. equities last week Interest in large-cap stocks remains high post-election Corporate buybacks are slowing but still above seasonal levels Cyclicals outpaced defensives for the … Read more

Key Takeaways: Euro rose slightly amid political turmoil in France Hedge demand is high due to weak euro zone data and political instability Dollar remains strong despite usual seasonal weakness in December Yuan hits 13-month low on tariff risks and economic weakness in China Yen near six-week highs, market expects … Read more