Key Takeaways: 🏦 Yen weakened to a 3-month low after Japan’s election results 💱 US dollar on track for largest monthly rise in 2.5 years 📉 Markets are anticipating interest rate hikes due to US economic strength 📈 Euro down more than 3% in the month 📆 Euro zone data and US election results could … Read more
Key Takeaways: 💰 Yen slumps to a three-month low against the dollar and euro 🇺🇸 Dollar set for largest monthly rise in two and a half years 🔄 Australian and New Zealand dollars weaken due to China’s stimulus plans 📈 U.S. economy strength lifting bets on Donald Trump presidency 🤝 Coalition wrangling expected after ruling … Read more
Key Takeaways: 💱 Most Asian currencies weakened on Monday ⬆️ Yen slid to a three-month low 🇺🇸 Dollar rose to a near three-month high 📉 Limited gains for regional currencies due to smaller U.S. interest rate cuts 🗓️ Anticipation of key economic readings this week 🗳️ Loss of parliamentary majority for Japan’s ruling party 📈 … Read more
Key Takeaways: 💼 British business confidence declined ahead of the budget plan 📉 Lloyds Bank’s business barometer dropped by 3 percentage points to +44% in February 📈 Firms were more optimistic about their own prospects than the broader economy 🧐 Increase in hiring intentions indicates employers want to grow their workforce 📊 Two surveys reported … Read more
Key Takeaways: 📈 Dollar is on track for fourth straight week of gains 💵 Positive economic data has soothed expectations of Fed rate cuts 🏗 European sentiment and outlook are showing signs of improvements 🎌 Japanese election may complicate monetary policy plans 💰 The dollar has slightly decreased after recent data releases 📉 Market analysts … Read more
Key Takeaways: 💵 US dollar is on track for a weekly gain of around 0.6% 📉 Euro is on track for a weekly loss of more than 0.3% 🏴 GBP/USD is heading for a weekly loss of around 0.5%, but has edged away from a two-month low 📉 Reduced expectations of aggressive Fed rate cuts … Read more
Key Takeaways: 💵 Most Asian currencies weakened slightly on Friday as dollar held weekly gains 🗳️ Japanese yen steadied near its weakest level in three months ahead of general election 📉 Yen was worst performer this week among Asian currencies 🇯🇵 Sentiment towards Japanese markets tense before general election on Sunday 🏛️ Government warnings of … Read more
Key Takeaways: 💵 South Korea to regulate cross-border transactions of virtual assets to enhance investor protection and prevent money laundering 📋 Registration and reporting requirements start in the second half of 2025, after completing legislative requirements 🏦 Businesses must register and report transactions to the Bank of Korea 🛡️ Focus on combating foreign exchange-related crimes … Read more
Key Takeaways: 💥 Putin warns of a potential all-out war in the Middle East, particularly between Israel and Iran 🕊️ China and Xi Jinping advocate for political settlement in Ukraine and a two-state solution in the Middle East 🔥 Iranian President criticizes international organizations, especially the United Nations, for failing to end conflicts in the … Read more
Key Takeaways 💸 Cross-border payments for trade between BRICS countries are facing difficulties 🌍 Russian President Putin stated that no plans for a special payment system are currently in place 🤝 Alternative payment system in national BRICS currencies was outlined by Russia 📈 Delays in payments with major partners like China and Turkey are causing … Read more