europefx

Key Takeaways: Goldman Sachs predicts euro could drop 10% Euro may fall below $1 if Trump enacts tariffs and tax cuts Global tariff and import levy on China could trigger dollar rally Domestic tax cuts in the US could lead to euro depreciation by 8-10% The European economy could face … Read more

Key Takeaways The U.S. dollar is at a 2-1/2-month high due to expectations of a measured approach to rate cuts by the Federal Reserve Markets anticipate an 89% chance of a 25 bps rate cut next month Rising odds of Donald Trump winning the election boosting the dollar due to the perceived … Read more

Key Takeaways: Most Asian currencies are trading flat to low Growing bets on slower rate cuts by the Federal Reserve have boosted the dollar Dollar steadied near recent peaks with focus on interest rates and upcoming presidential election Yuan weakened after People’s Bank of China cut benchmark rates more than expected … Read more

Key Takeaways: Dollar rose due to an increase in U.S. bond yields after strong economic data Markets are less certain about size and speed of potential rate cuts from the Fed Expectations for a 25 bps cut in November with 13% chance rates will remain steady Yield on U.S. 10-year notes … Read more

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