europefx

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

Key Takeaways: BofA analysts believe USD rally is losing steam and beginning to fade Dollar index has climbed 2.5% in October, best performance since 2022 Drivers like U.S. yields, safe-haven flows, and economic performance expected to lose steam BofA suggests bearish view on USDCAD due to potential BoC rate cut … Read more

Key Takeaways: U.S. dollar rose to a 2-1/2-month high on expectations of Fed tempering interest rate cuts Positive economic data has reduced expectations of size and speed of Fed rate cuts Benchmark 10-year U.S. Treasury note yield rose to its highest since July 26 Market expectations are pricing in a 89.6% … Read more

Key Takeaways: Dollar rises to fresh 2-1/2 month high on expectations of Federal Reserve rate adjustments U.S. Treasury yields increase, with benchmark 10-year note hitting highest since July Market prices in 91% chance of 25 basis point rate cut at Fed’s November meeting Strong U.S. economic data driving divergence in central … Read more

Key Takeaways: EUR/USD projected to climb towards 1.16 by 2025 USD has made a comeback in October due to strong US labor market report and PMI data ECB cut rates in response to lower European inflation US election poses short-term risks for EUR/USD UBS recommends selling USD strength, especially in … Read more

Key Takeaways: U.S. dollar is close to its August high on expectations of measured Fed policy easing Benchmark 10-year Treasury yields are rising, keeping pressure on yen, euro, and sterling Markets are pricing in an 87% chance of a 25 bps rate cut next month U.S. election uncertainty is influencing market … Read more

Key Takeaways: US dollar trading above implied fair value 3% increase in dollar compared to currency basket Trump favored to win election despite some divergence Trump victory could support dollar through policy proposals Overseas central banks expected to cut interest rates, supporting dollar Possible outcomes include a win for … Read more