europefx

Key Takeaways Dollar hits 3-month high against yen 16th gain in 18 sessions for the greenback U.S. economic strength dampens rate cut expectations Investors position ahead of U.S. presidential election Bias for a stronger dollar due to potential Trump hedges Fed expected to take a gradual approach to cutting … Read more

Key Takeaways The US dollar is strengthening against the Japanese yen, hitting a 3-month high. Economic data has led to a reduction in expectations for Federal Reserve rate cuts. Investors are positioning ahead of the upcoming US presidential election. The current market bias is favoring a stronger dollar as a potential … Read more

Key Takeaways: Jim O’Neill, who coined the BRIC term, believes the BRICS group lacks the potential to challenge the U.S. dollar due to divisions between China and India The BRICS summit is seen as a symbolic gathering rather than a genuine global economic club BRICS has achieved very little over the past … Read more

Key Takeaways Dollar rose above 152 yen for the first time since July, driven by expectations of no rate cuts by the Fed Yen under pressure due to sensitivity to U.S. yields and upcoming Japanese election Moves in dollar/yen pair also affecting euro and pound against the yen Euro at over … Read more

Key Takeaways Dollar climbed above 152 yen for the first time since late July Interest rate gap widening between Japan and the United States Trump’s possible presidential victory impacting market movements and expectations Investors positioning ahead of the U.S. election amid a tight race Markets anticipate a Trump presidency leading … Read more

Key Takeaways Dollar Index traded 0.3% higher to 104.175, near a three-month high Expectations for aggressive interest rate cuts in the US fading WPP reported revenue rise, but cautioned on tough market conditions Central bankers’ speeches and Bank of Canada interest rate decision are in focus for the day Hochschild … Read more

Key Takeaways: Dollar rose to a 2-1/2-month peak as interest rate cut expectations faded Yen dropped to 152 per dollar, its lowest since July 31 Markets pricing in a moderate quarter-basis-point cut in November Investors considering potential impacts of U.S. presidential election candidates on the dollar Possibility of a Republican … Read more

Key Takeaways The U.S. dollar remained strong for three weeks due to shifting interest rate expectations and a close presidential election contest. The yen hit a three-month low as the dollar and U.S. Treasury yields rose. Treasury yields have been supported by the Fed’s less dovish view, reaching the highest level since … Read more

Key Takeaways: Asian currencies weakened due to uncertainty over U.S. interest rates and upcoming elections Japanese yen hit near three-month low amid anticipation of Japanese election and BOJ meeting Yuan remained at two-month lows due to signals on stimulus from China Dollar index rose 0.1% in Asian trade, reflecting expectations of … Read more

Key Takeaways: Dollar is on track for its biggest October gains in over a decade BofA analysts believe the USD rally is losing steam Central banks aim for price stability by adjusting policy rates Central banks have doves advocating for loose monetary policy and hawks for higher rates Chairman or … Read more