Key Takeaways: 💵 Dollar rebounded in choppy Asian trade after Trump talked about potential tariffs on Canada and Mexico 📉 Markets reacted quickly to the news, leading to falls in the Canadian dollar and Mexican peso 📈 Dollar climbed against Canadian dollar and Mexican peso while euro fell back 📉 Dollar index bounced back after … Read more
Key Takeaways 💲 Dollar weakened after Trump hinted at gradual tariffs ⬇️ Yields on 10-year Treasuries decreased by 6 basis points due to tariff concerns 🇪🇺 Euro strengthened against the dollar, benefiting from Trump’s focus on trade deficits with the EU 🇨🇳 Dollar eased against the yuan as Trump did not provide specific tariff numbers … Read more
Key Takeaways: 💲 The dollar retreated after Trump hinted at measured tariffs 🔒 Lack of concrete details on tariffs led to market uncertainty 📈 Euro, Australian and New Zealand dollars saw gains as trade-exposed currencies 🇨🇳 Dollar dropped against the yuan amid threat of Chinese tariffs 💹 Markets not expecting rate cuts until mid-year despite … Read more
Key Takeaways 💵 Dollar fell after Trump administration signals tariff delay 📉 Dollar index dropped by 1.3% to 108.26 📈 Euro rose by 1.2% to $1.0394 🇨🇳 Dollar slid 0.6% against Chinese Yuan 🇯🇵 Japanese yen held firm ahead of Bank of Japan policy meeting 🌍 Relief rally in foreign currencies observed 💸 Bitcoin hit … Read more
Key Takeaways 💵 Dollar fell due to Trump hinting at delay in imposing tariffs after inauguration 📉 Dollar index dropped by 1% to 108.23 after hitting a 26-month high last week 🛑 Market participants were expecting Trump to announce trade tariffs through executive orders 🚨 Attention on Trump’s policies on his first day including tariffs, … Read more
Key Takeaways 💱 Dollar fell after Trump said no new tariffs at inauguration 📈 Euro jumped 1.2% to $1.0398 after hitting two-year low 📉 Dollar index down 1.01% at 108.21 💰 Markets expecting Trump to announce trade tariffs under executive order 🚪 Investors focused on Trump’s policies on first day in office 🛡️ Some expected … Read more
Key Takeaways: 💸 Repo rates surged during tax payment week due to liquidity demand and limited funding 📈 DR007 and R007 rates rose significantly on January 16 🏦 PBoC focused on defending exchange rate stability 💰 PBoC issued RMB60 billion bills in Hong Kong with 3.4% coupon rate 📉 December FX settlement balance showed deficit … Read more
Key Takeaways 💵 Dollar drops before Trump’s inauguration 📈 Bitcoin hits all-time high at $109,071.86 🤝 Trump expected to issue executive orders promoting digital assets 🌐 U.S dollar expected to gain further due to policy announcements 👀 Attention on Trump’s policies and potential tariffs 💶 Euro advances as dollar weakens 🇨🇳 China’s yuan rises on … Read more
Key Takeaways: 💸 UBS sees potential for further losses in GBP/USD near term 📉 Recent rise in UK gilt yields has weighed on Sterling 🚫 Comparisons to "Truss moment" are deemed overdone by UBS 💼 Analysts expect GBP/USD to recover losses later in the year 📅 UBS predicts GBP/USD climbing to $1.29 by year’s end … Read more
Key Takeaways 💵 The US dollar slipped on Monday ahead of Trump’s inauguration 📉 Dollar Index traded 0.3% lower to 108.925 🇪🇺 EUR/USD rose 0.3% to 1.0313 in Europe 📊 German producer prices rose less than expected in December 🇯🇵 USD/JPY dropped 0.1% to 156.19 in Asia 🇨🇳 USD/CNY traded 0.2% lower to 7.3143 due … Read more