europefx

Key Takeaways: Dollar climbed due to rise in US bond yields and positive economic data Markets pricing in 91.7% chance of 25 bps rate cut at Fed’s November meeting Yields on benchmark US 10-year notes rose to 3-month high European Central Bank cutting rates, Eurozone inflation expected to return to target … Read more

Currency and Market Trends: Dollar rose due to U.S. bond yield increase and upcoming presidential election Euro and sterling weakened against the dollar Yen weakened against the dollar Economic divergence between U.S. and Europe impacting currency moves Trump’s improving odds in the election are supporting the dollar The U.S. … Read more

Key Takeaways: USD/CHF pair may be reaching its upper limit Recent strong US dollar performance influencing movement Pair dropped from 0.90 to 0.84 due to weak US labor market reports Swiss National Bank’s guidance on rate cuts not impacting pair significantly Focus on upcoming labor market reports for confirmation of … Read more

Key Takeaways: Dollar retains strength as US presidential election nears Dollar boosted by belief in slower US interest rate cuts Market positioning suggests anticipation of Trump victory in 2024 election Euro slips after German PPI data reveals lower-than-expected producer prices European Central Bank may cut key interest rate further if … Read more

Key Takeaways: Rising odds of Trump winning the U.S. election are boosting the dollar European Central Bank’s dovish rate cut affected currency moves last week Trump’s improving prospects are lifting bitcoin due to softer approach on crypto regulation Market focus on corporate earnings, U.S. election risk, and rise in hedging costs … Read more

Key Takeaways: Most Asian currencies stuck in a tight range on Monday Dollar hit over 2-½ month high, boosted by risk aversion Doubts over Chinese stimulus impact weighed on regional markets Yen stayed close to recent lows amid uncertainties over BOJ’s rate hikes PBOC cut benchmark loan prime rate more … Read more

Key Takeaways UBS believes that the dollar has received a boost due to the return of the "Trump trade" Dollar rallies should be sold as Trump may not be outright positive for the greenback in the medium term U.S. election is too close to call, but Trump has gained ground and has … Read more

Key Takeaways: USD expected to weaken by mid-single digits over the next 12 months Falling US rates likely to undermine the USD’s strength CHF, GBP, and AUD are identified as attractive alternatives to USD Switzerland expected to benefit as the CHF’s yield differentials improve UK and Australia’s high yields may … Read more

Key Takeaways: USD/CNH currency pair could rise by 11% if Trump imposes 60% tariff on China Historical data shows $10 billion tariffs increased USD/CNH exchange rate by 1.7% Nomura projects 10.7% increase in USD/CNH with 60% tariff Nomura maintains a long position on USD/CNH pair Potential risks include Chinese government … Read more

Key Takeaways The U.S. dollar slipped lower after strong gains, but is on track for a third weekly gain Expectations for a 25 basis point rate cut by the Federal Reserve next month British retail sales unexpectedly rose in September, boosting the sterling Euro remains on course for a weekly loss … Read more