Key Takeaways: 💲 Dollar gained due to rising geopolitical tensions and safe-haven appeal 🇬🇧 Pound fell after Bank of England cut interest rates ⚔️ Concerns about conflict in the Middle East escalated 📉 Yen edged higher after Bank of Japan’s rate hike 📉 Euro touched a three-week low 📉 Bitcoin fell by 2.68% Global Markets … Read more
Key Takeaways: 💲 U.S. payrolls report on Friday crucial for Fed rate cut 📈 Greenback strengthened by rise in long-term Treasury yields 💱 Euro gains slightly as dollar weakens 🏛️ Political uncertainty in Europe with AfD far-right party gaining power 📉 ECB money markets reduce bets on rate cuts 💼 Non-farm payrolls expected to show … Read more
Key Takeaways: 💵 The U.S. dollar has fallen to its lowest level this year on expectations of Fed rate cuts 📉 UBS predicts further losses for the dollar in the coming months 📈 UBS forecasts a mid single-digit decline for the greenback over the next 12 months 📊 Factors contributing to the dollar’s weakness include … Read more
Key Takeaways: 💵 Dollar edged lower ahead of payrolls, showing potential for Federal Reserve interest rate cuts 📈 Euro gained against the dollar, despite Eurozone manufacturing activity in contraction territory 🇪🇺 European Central Bank likely to cut interest rates again after low inflation numbers in Eurozone 🇩🇪 German far-right party AfD won a state legislature … Read more
Key Takeaways: 💵 The dollar eased on Monday while remaining close to a two-week high. 📊 U.S. job data is eagerly awaited this week to assess Federal Reserve rate cut expectations. 🇺🇸 There is anticipation of a 25 basis points rate cut by the Federal Reserve this month. 💰 The dollar index against major peers … Read more
Key Takeaways: 💸 Swiss franc being used as alternative to yen for carry trades 📉 Yen carry trades imploded in August, sparking global market turmoil 🏦 Swiss National Bank has a lower interest rate, making franc borrowing cheaper 🛡️ Swiss franc is considered a safe-haven currency due to stability 📈 Analysts recommend using Swiss franc … Read more
Key Takeaways: 💱 US dollar rose after key inflation data in line with forecasts 📉 Expectation of Federal Reserve cutting interest rates by 25 basis points instead of 50 💵 Market implied a 31% chance of a 50 basis-point rate cut next month 🛒 Consumer spending and income increased, reinforcing Fed rate cut expectations 📈 … Read more
Key Takeaways 💵 Dollar has support for a rally due to upcoming Fed rate-cutting cycle 📈 Median rally in DXY after Fed eases policy is 5% 💼 Divergence in monetary policy expectations supports dollar, especially compared to UK and Euro Area 📈 Dollar sentiment already bullish, potential liquidation in long-dollar positions due to catalyst such … Read more
Key Takeaways: 💸 UBS anticipates further downward pressure on the US dollar despite recent economic data 📉 Factors contributing to this outlook include interest rate differentials, US fiscal deficit concerns, global monetary policy shifts, the Federal Reserve’s looser policy, and trade tensions 📈 UBS recommends favoring currencies like the euro, British pound, and Australian dollar … Read more
Key Takeaways 💵 The U.S. dollar received a boost from stronger second-quarter growth data 🌍 Other economies like Germany and the UK are also seeing weakness 📊 Subdued inflation prints from Germany and Spain anticipate a decline in euro area CPI inflation 💡 A weakening US economy does not always lead to a weaker US … Read more