europefx

Key Takeaways: 💰 Bitcoin rose to $70,206 at 20:03 GMT, adding $3,931 to its previous close 📈 Bitcoin is up 82.3% from the year’s low of $38,505 on Jan. 23 💸 Ether rose 13.3% on Monday to $3500 🇺🇸 Approval and launch of spot bitcoin exchange-traded funds in the U.S. has attracted new investors and … Read more

Key Takeaways 💵 Investors await further clues on U.S. interest rates 📉 Data shows easing in U.S. consumer price pressures 🇪🇺 Euro down against the dollar at $1.0863 📊 Markets pricing in 50 basis points of Fed rate cuts 🌍 Survey-based gauges of economy for euro zone, Germany, UK, and US due this week 📈 … Read more

Key Takeaways: 💵 Dollar remains firm against euro as investors await Fed guidance 📉 Euro slightly down against dollar at $1.0836, dollar up 0.3% against yen at 156.15 yen 🇺🇸 U.S. consumer prices rose less-than-expected in April, leading to expectations of Fed rate cuts 📊 Survey-based gauges of the economy for euro zone, Germany, UK, … Read more

Key Takeaways: 💵 Dollar holds steady awaiting Fed guidance on interest rates 📉 Euro up 2% in May due to softer U.S. growth and inflation data 🗣️ Speeches from Fed officials influencing market speculation 🇬🇧 Sterling touches a two-month high ahead of UK inflation report 🌏 Rally in gold and copper expected to support commodity-exporting … Read more

Markets Update Key Takeaways: 💵 CTAs may continue selling USD against most currencies after CPI report 🌍 FX market likely to see short covering in EUR, GBP, and CAD 📈 CTAs expected to increase long positions in AUD and potentially MXN 🏅 Trend for gold and oil to continue declining with CTAs selling at a … Read more

Key Takeaways: 💵 U.S. dollar trading in calm mode against majors 📉 Dollar Index steady at 104.330 after losing 1% last week 📊 Limited room for market to press Dollar shorts post-inflation news 📈 Market response similar to post-March FOMC FX reaction 👀 Rally in front end rates consistent with cyclical concerns 💱 The dollar … Read more

Key Takeaways 💵 Dollar remains steady as investors await more Fed guidance 🌍 Euro up 2% in May due to softer U.S. growth and inflation data 📊 Markets pricing in 50 basis points of Fed rate cuts this year 🗣 "Barrage" of speeches from Fed officials expected this week 📆 Minutes of the Fed’s last … Read more

Key Takeaways: 💡 Global markets affected by uncertainty about the direction of inflation 📈 Eurozone PMIs indicate a tentative recovery, especially in the service sector 🌍 Emerging markets continue to face challenges amidst rising commodity prices and appreciation of the U.S. dollar 🤝 Investors remain cautious as they assess the impact of central bank policies … Read more

Key Takeaways: 💵 Dollar remains steady as investors await U.S. interest rate path clues 📉 Japanese yen weakens slightly against the dollar 🇪🇺 Euro edges up, dollar index remains stable 📅 Focus on upcoming PCE price index report and Fed meeting minutes 🗣️ Various Fed speakers scheduled this week for further insights into rate decisions … Read more

Key Takeaways 💵 Most Asian currencies weakened slightly, while the dollar remained steady 🇯🇵 Japanese yen fragile after reversing gains from likely currency market intervention; potential for more intervention limited further losses 🇨🇳 Chinese yuan pair rose 0.1% after People’s Bank kept benchmark unchanged at record lows, despite increased stimulus 🇺🇸 Concerns over potential trade … Read more