europefx

Key Takeaways: Dollar hit three-month highs against the yen amid Japan political uncertainty Chinese yuan remained weak amidst possibility of large new debt issuance by Beijing U.S. dollar strong with largest monthly rise in 2-1/2 years, supported by upcoming economic data Yen weakened following Japan’s election results, raising concerns of looser … Read more

Key Takeaways: Yen near three-month trough due to uncertainty in Japan’s political and monetary outlook Dollar remains strong with anticipation of major U.S. data releases Greenback steady with focus on U.S. economic data and potential Trump win U.S. election and economic data releases key factors for market movements Chinese yuan … Read more

Key Takeaways: Most Asian currencies weakened slightly on Tuesday due to risk aversion before key economic readings The dollar sat on recent gains before economic data releases this week Political uncertainty in Japan increased after general election results Bank of Japan meeting to be held this week Economic data due … Read more

Key Takeaways: UK shop prices fell at the fastest pace in more than three years Food prices rose by 1.9% while non-food deflation held at 2.1% Clothing prices showed signs of edging up for the first time since January Price growth trajectory is at risk due to geopolitical tensions and climate … Read more

Key Takeaways: Dollar expected to increase in value as foreign central banks accelerate rate cuts Dollar may weaken in the short term against G10 currencies Emerging market currencies likely to be impacted by rate cuts in G10 economies China’s economic performance may negatively affect certain currencies U.S. election outcome may … Read more

Key Takeaways: Yen hits three-month lows against the dollar after Japan’s ruling coalition’s election loss raises uncertainty in politics and monetary policy Yen declines by 6.4% in October, largest among G10 currencies Japan faces a period of political wrangling to secure a coalition after election results Japan may face a government … Read more

Key Takeaways LDP’s loss of parliamentary majority in Japanese general election Formation of a wider coalition with opposition parties expected USD/JPY traded weaker after election results Potential impact on interest rates and policy rate hikes Possibility of Ministry of Finance intervention if USD/JPY exceeds ¥155 Japanese Prime Minister Shigeru … Read more

Key Takeaways: The yen hit three-month lows due to the loss of a parliamentary majority in Japan’s ruling coalition The U.S. dollar is on track for its biggest monthly gain since 2022 The yen declined by 0.2% against the dollar in October, the largest drop among G10 currencies Japan’s election results … Read more

Key Takeaways: Dollar steadied and set for a substantial monthly gain Economic data this week may impact U.S. interest rate cuts U.S. presidential election is influencing dollar movement ECB may consider larger rate reduction with weak inflation data UK Labour government facing financial challenges Yen weakens as political uncertainty … Read more

Key Takeaways: Yen weakened to a 3-month low after Japan’s election results US dollar on track for largest monthly rise in 2.5 years Markets are anticipating interest rate hikes due to US economic strength Euro down more than 3% in the month Euro zone data and US election results could … Read more