europefx

Key Takeaways: Putin warns of Middle East on the brink of full-scale war Xi Jinping calls for political settlement and joint efforts for peace Establishment of sovereign, independent Palestinian state within 1967 borders advocated Iranian President criticizes UN for failing to end conflict in Gaza and Lebanon United Nations Secretary-General … Read more

Key Takeaways: The US dollar strengthened in October on the rising probability of a Trump win The Dollar Index traded lower, but remains close to three-month highs A Trump victory could impact asset markets significantly if Republicans win House and Senate A Harris win with a split Congress could be a … Read more

Key Takeaways: The U.S. dollar slipped slightly but remains near three-month highs underpinned by expectations of fewer interest rate cuts. Markets expect around 50 basis points cuts for the rest of the year, pointing to a probable 25 bps cut in November. In Europe, French economic data was negative, while German data … Read more

Key Takeaways: Asian currencies steadied with Japanese yen at 3-month low Increased risk aversion impacting regional currencies Traders waiting for stimulus measures in China Japanese general elections causing uncertainty in BOJ rate hikes Dollar boosted by expectations of smaller interest rate cuts Tesla reported a 17% rise in profits … Read more

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