Key Takeaways: 💱 Most Asian currencies traded in a tight range with focus on U.S. presidential race and Fed meeting 🇦🇺 Australian dollar strengthened after RBA kept interest rates unchanged 🇨🇳 China’s National People’s Congress expected to outline plans for fiscal spending 🇺🇸 Market speculation on U.S. election outcome impacting Asian currencies 💹 Dollar index … Read more
Key Takeaways 💱 Dollar slipped due to investors pulling out of Trump trades before the election 📊 Harris has gained in some polls, showing a tight race against Trump 💰 Tariffs and immigration policies by Trump expected to stoke inflation and influence U.S. Treasury yields and the dollar 🇺🇸 Market likely to see bigger moves … Read more
Key Takeaways: 💵 Dollar slips as traders unwind Trump trades 📉 Implied volatility for euro/dollar at highest since March 2023 🇨🇳 Offshore Chinese yuan gained 0.53% 🇲🇽 Mexican peso strengthened 1.49% 💱 Implied volatility for yuan at record high 🧾 October’s jobs report showed weak job gains 🏦 Federal Reserve expected to cut rates by … Read more
Key Takeaways: 💲 The dollar dropped to a two-week low against a basket of currencies 📉 U.S. Treasury yields dropped 8 basis points 🗳️ The U.S. election is causing uncertainty, with polls showing a close race between Harris and Trump 📊 Investors are adjusting positions due to the possibility of a Harris win 🎲 The … Read more
Key Takeaways: 💵 The U.S. dollar is retreating ahead of the presidential election and amid expectations of a Fed interest rate cut 📊 Markets are showing abnormal swings in USD crosses due to tight volatility conditions before the tightly contested election 🇪🇺 EUR/USD traded higher due to dollar weakness and positive recent data in the … Read more
Key Takeaways: 💵 The dollar weakened as elections and a potential Fed rate cut approach 🇺🇸 U.S. candidate polling and policies impact the dollar, inflation, and bond yields 🔄 Markets anticipate a 25 basis point Fed rate cut, with more cuts expected in 2025 🏦 Central banks worldwide are expected to make decisions regarding interest … Read more
Key Takeaways: 💵 Asian currencies strengthened as the dollar weakened due to soft labor data and uncertainty before the U.S. election 🇦🇺 Focus on Reserve Bank of Australia meeting and China’s National People’s Congress for fiscal stimulus cues 📉 Regional currencies benefited from dollar weakness, with the dollar index falling about 0.6% 🏛️ Markets expecting … Read more
Key Takeaways 💵 BCA Research advises investors to take a tactical long position on the U.S. dollar 🌍 Persistent geopolitical risks position the greenback as a solid hedge ⚠️ Anticipated hawkish shift in U.S. trade and foreign policy regardless of election outcome 🛡️ Dollar seen as a defensive asset amidst escalating global tensions 🔥 Middle … Read more
Key Takeaways 💰 If Republicans win big on Tuesday, sell the euro and French bonds quickly 📉 Eurozone already battling economic crisis, France’s deficits and debt are concerning 📊 History suggests parallels between 2020 U.S. election and Reagan’s policies in 1984 🇺🇲 Republicans potentially gaining control of Congress could impact economic policies 📈 Increased return … Read more
Key Takeaways 💵 U.S. dollar edged higher ahead of payrolls report release 📊 Inflation by Fed’s measure came in at 2.1% in September 📈 Dollar expected to face some negative impact after jobs report 🇪🇺 Euro trading lower as eurozone inflation accelerated 🇬🇧 GBP rose with traders digesting UK budget and tax increases 🇯🇵 Yen … Read more