Key Takeaways 💵 Dollar stabilizes in early European trade ahead of comments from Federal Reserve Chair Jerome Powell 📉 Trump’s chances of victory over Biden could favor the dollar due to potential protectionist trade policies 🌍 EUR/USD rises to highest level since March amidst European Central Bank meeting 🇺🇸 U.S. inflation signs ease, potential rate-cutting … Read more
Key Takeaways 💰 Dollar rose and cryptocurrencies jumped as odds of a Trump victory in the upcoming U.S. elections increased 🗳 Sympathy votes may boost Trump’s election chances, pushing dollar and U.S. Treasury yields higher 📉 Euro and Sterling fell against the dollar, while USD rose against Norwegian and Swedish crowns 📈 Long-dated U.S. bond … Read more
Key Takeaways 💰 Dollar rose broadly as markets started to favor a Trump victory 📊 Online betting odds indicate Republicans are twice as likely to win the election as Democrats 📈 Cryptocurrencies surged in anticipation of a Trump win, with bitcoin and ether prices jumping 💸 Market analysts expect a more hawkish trade policy, less … Read more
Key Takeaways 💲 Dollar strengthened after Trump’s shooting incident 📉 Weak gross domestic product data from China affected Asian markets 📈 Dollar index and futures rose in Asian trade recovering from recent lows 🏛️ Trump is expected to be nominated as the 2024 Republican frontrunner 🌐 Dollar’s future direction may be influenced by Fed Chair … Read more
Key Takeaways 💵 The dollar rose due to safety bids following the attempted assassination of former U.S. President Donald Trump 📉 The yen struggled despite intervention efforts by Tokyo 🇪🇺 The euro and sterling fell against the dollar in early trading 🦘 Risk-sensitive currencies like the Australian and New Zealand dollars also declined 📈 Market … Read more
Currency Market Updates: 💵 The dollar rose on safety bids after the attempted assassination of former U.S. President Donald Trump 📉 Market reactions to Trump’s presidency expected to include stronger U.S. dollar and higher U.S. Treasuries yields 💰 Dollar is gaining as a safe-haven asset 🇯🇵 Yen 0.3% lower against dollar, marking potential intervention by … Read more
Key Takeaways 💸 Dollar steadied against basket of currencies after softer-than-expected inflation data 📉 Dollar index and futures fell to one-month low after CPI data 🇯🇵 Japanese yen volatile amid speculation on government intervention in currency markets 💶 Euro steady after weak German inflation data 🇬🇧 British pound remained flat despite strong economic growth data … Read more
Key Takeaways: 💵 Dollar fell to three-week low after weaker U.S. economic data 🇪🇺 Euro gained 0.5% versus the dollar 🏭 U.S. manufacturing sector shrank in 18 of the last 19 months 📉 U.S. dollar posted its first monthly decline of the year in May 💶 Eurozone’s ECB is expected to cut rates in its … Read more
Key Takeaways: 💵 Dollar weakened to one-month low after softer-than-expected inflation data 📉 Japanese yen strengthened sharply amid speculation of government intervention in currency markets 🇪🇺 Euro and British pound remained stable against the dollar, with pound buoyed by strong economic growth data 📈 Dollar index and futures steadied after tumbling to one-month low 🏦 … Read more
Key Takeaways 📉 Most Asian currencies weakened on Friday amid yen volatility and government intervention speculation 💹 Dollar steadied at one-month low due to soft CPI data, sparking interest rate cut optimism 🇨🇳 Chinese yuan weakened slightly despite better-than-expected trade surplus and export surge 🔍 Questions over Japanese government intervention in currency markets remain 📊 … Read more