HSBC Adjusts EUR-AUD Trade Targets and Stop-Loss Levels, PAC Recommends Action on East Malaysia Water Projects

Key Takeaways 💰 HSBC Global Research adjusted position on EUR-AUD currency pair 📉 Revised target down to 1.5690 from initial 1.6400 🛑 Tightened stop-loss to 1.6150 📉 Negative data impulses from Eurozone impacting trade idea 🏦 Market expectations of ECB rate cut in October 🌍 Bearish outlook for euro due to fiscal concerns in Eurozone … Read more

Bank of England Warns of Stretched Global Asset Prices

Financial Stability Key Takeaways: 💰 Global asset prices are stretched and vulnerable to a big fall 📉 Weak U.S. employment data and softer-than-expected results led to a market sell-off in August 🌍 Global vulnerabilities are significant, particularly due to geopolitical risks 🏦 Concerns about geopolitical risks are at the highest level since 2008 among major … Read more

Safe Haven Dollar Firmly Holds Ground Amid Escalating Conflict in Middle East

Key Takeaways: 💵 Market uncertainty drives buying of safe haven assets like the dollar 🇮🇷 Iran’s missile attack on Israel escalates conflict in the region 🇺🇸 Stronger-than-expected U.S. job openings bolster the dollar 🌍 European Central Bank’s potential rate cut impacts the euro 🇯🇵 Focus shifts to Japan’s economic risks and Bank of Japan’s policies … Read more

Analysis: Impact of the Middle East Conflict on the Strength of the Dollar

Key Takeaways: 💰 Safe-haven assets like the dollar saw gains in response to Middle East conflict 📉 Euro and Australian dollar weakened, while New Zealand dollar faced pressure 🚀 Iran’s missile attack on Israel heightened fears of wider war in the Middle East 🛢️ Market response focused on oil prices, potential for further conflict escalation … Read more

Iran’s Missile Attack on Israel: Updates and Impact on Safe Havens

Key Takeaways: 💰 Safe haven currencies strengthened as Iran fired missiles towards Israel 🔥 Dollar firmed due to data showing robust U.S. labor market 📉 U.S. job openings unexpectedly increased, manufacturing held steady with new orders improving 📊 Dollar index rose due to economic data showing resilience in the U.S. economy 📈 Traders pricing in … Read more

Dollar Strengthens as Powell Pushes Back on Rate-Cut Speculation

Key Takeaways: 💵 Dollar gained broadly after Fed Chair Powell pushed back against jumbo rate-cut bets 🇯🇵 Yen steadied amid Japan’s incoming prime minister announcement 🇦🇺 Australian dollar edged up following upbeat domestic retail sales data 🇪🇺 Euro set for third daily loss due to inflation data raising rate cut likelihood 🏦 Fed unlikely to … Read more

USD/JPY Gains Tempered as Ishiba Adjusts Hawkish Stance

Key Takeaways: 💰 USD/JPY is gaining value 🕊️ Ishiba is toning down hawkish bias in financial markets 📈 Market sentiment remains positive 🇺🇸 US economic data is supporting the USD 🇯🇵 Japanese yen is facing pressure USD/JPY Currency Pair Sees Gains as Ishiba Tempers Hawkish Stance The USD/JPY currency pair has been experiencing gains recently, … Read more