Key Takeaways 💹 Most Asian currencies trading in tight range 📉 Reports of fiscal spending in China not boosting sentiment 🏦 Central bank decisions in several Asian countries this week 💵 Regional currencies losing against the dollar 📈 Dollar index and futures steadying near three-week high 🌟 Fed expected to cut rates but possibly with … Read more
Key Takeaways: 💲 U.S. dollar gains against major currencies following strong retail sales data 📈 Markets anticipate a 25-basis-point interest rate cut by the Federal Reserve 🛍️ U.S. retail sales exceeded expectations with a 0.7% increase in November 🇬🇧 British pound strengthens after British wage growth data 🇨🇳 Dollar weakened against the offshore Chinese yuan … Read more
Key Takeaways 💵 Dollar expected to outperform G10 rivals in the coming months on economic strength 📉 Dollar likely to turn lower in second half of 2025 as election impact and Fed rate cuts come into play 🇺🇸 Market has already priced in maximalist economic policy announcements, leading to expected dollar weakening 🔄 Scope for … Read more
Key Takeaways: 💹 U.S. dollar strengthened against major currencies following strong retail sales data 📉 Markets anticipate Fed delivering 25-basis-point interest rate cut 🛒 U.S. retail sales jumped by 0.7% in November 📈 U.S. dollar index rose to 106.91 💵 Euro down 0.16% against the dollar 🇬🇧 Pound sterling rose after British wage growth data … Read more
Canadian Political Unrest and Investment Opportunities 💰 Macquarie Group views Canada’s political instability as an opportunity for investment in the country’s currency markets. 🔥 Calls for Canadian Prime Minister Trudeau’s resignation are intensifying within his own party, leading to concerns about lack of unity. 🌐 Trudeau may announce his decision on Monday amidst speculation about … Read more
Key Takeaways: 💵 Traders are expecting a gradual interest rate cut by the Federal Reserve in 2025, with confidence in a cautious approach. 🇬🇧 The British pound has increased due to strong wage growth data, while the Bank of England remains cautious on rate cuts. 📈 The U.S. economy’s strength is lifting yields and supporting … Read more
Key Takeaways: 💼 BofA maintains positive outlook for GBP/CHF, projecting a rise towards 1.20 by mid-2025. 📈 Forecast predicts a bullish stance on the currency pair over the next two years. 🔍 Factors like policy divergence and bullishness for GBP support the positive forecast. 🌍 UK’s service sector economy is viewed as less vulnerable to … Read more
Key Takeaways 💵 The US dollar strengthened ahead of the Federal Reserve policy meeting, despite expectations of a rate cut. 📊 Traders anticipate cautious comments from the Fed after the rate cut, with strong services sector data and retail sales growth supporting the economy. 💷 Sterling held steady against the dollar with higher-than-expected UK pay … Read more
Key Takeaways: 💵 Dollar is expected to hold firm due to anticipated cautious Fed approach in 2025 🇪🇺 Euro has weakened significantly against the dollar this year 📉 U.S. and German 10-year yield gap is widening 📆 Federal Reserve to announce interest rate decision on Wednesday with a 94% chance of a cut 📈 The … Read more
Key Takeaways: 💵 The South African rand weakened against the dollar due to investors focusing on the Federal Reserve’s interest rate decision 📈 The dollar index was up about 0.2% against a basket of currencies 🇺🇸 Market expectations are for a 25 basis point cut in the Federal Reserve’s interest rate 📉 The Top-40 index … Read more