Key Takeaways: 💱 EUR/USD projected to climb towards 1.16 by 2025 📊 USD has made a comeback in October due to strong US labor market report and PMI data 🌍 ECB cut rates in response to lower European inflation 📈 US election poses short-term risks for EUR/USD ⚖️ UBS recommends selling USD strength, especially in … Read more
Key Takeaways: 💵 U.S. dollar is close to its August high on expectations of measured Fed policy easing 📈 Benchmark 10-year Treasury yields are rising, keeping pressure on yen, euro, and sterling 📉 Markets are pricing in an 87% chance of a 25 bps rate cut next month 🇺🇸 U.S. election uncertainty is influencing market … Read more
Key Takeaways: 💲 US dollar trading above implied fair value 📈 3% increase in dollar compared to currency basket 🗳️ Trump favored to win election despite some divergence 🛡️ Trump victory could support dollar through policy proposals 🏦 Overseas central banks expected to cut interest rates, supporting dollar 🏛️ Possible outcomes include a win for … Read more
Key Takeaways: 💰 Goldman Sachs predicts euro could drop 10% 📉 Euro may fall below $1 if Trump enacts tariffs and tax cuts 🌍 Global tariff and import levy on China could trigger dollar rally 💸 Domestic tax cuts in the US could lead to euro depreciation by 8-10% 🇪🇺 The European economy could face … Read more
Key Takeaways 💵 The U.S. dollar is at a 2-1/2-month high due to expectations of a measured approach to rate cuts by the Federal Reserve 📉 Markets anticipate an 89% chance of a 25 bps rate cut next month 🇺🇸 Rising odds of Donald Trump winning the election boosting the dollar due to the perceived … Read more
Key Takeaways: 💱 Most Asian currencies are trading flat to low 📉 Growing bets on slower rate cuts by the Federal Reserve have boosted the dollar 💵 Dollar steadied near recent peaks with focus on interest rates and upcoming presidential election 🇨🇳 Yuan weakened after People’s Bank of China cut benchmark rates more than expected … Read more
Key Takeaways: 💵 Dollar rose due to an increase in U.S. bond yields after strong economic data 📉 Markets are less certain about size and speed of potential rate cuts from the Fed 📉 Expectations for a 25 bps cut in November with 13% chance rates will remain steady 📈 Yield on U.S. 10-year notes … Read more
Key Takeaways: 💵 Dollar climbed due to rise in US bond yields and positive economic data 📉 Markets pricing in 91.7% chance of 25 bps rate cut at Fed’s November meeting 📈 Yields on benchmark US 10-year notes rose to 3-month high 🇪🇺 European Central Bank cutting rates, Eurozone inflation expected to return to target … Read more
Currency and Market Trends: 💸 Dollar rose due to U.S. bond yield increase and upcoming presidential election 📉 Euro and sterling weakened against the dollar 🇯🇵 Yen weakened against the dollar 📐 Economic divergence between U.S. and Europe impacting currency moves 📈 Trump’s improving odds in the election are supporting the dollar 💹 The U.S. … Read more
Key Takeaways: 💹 USD/CHF pair may be reaching its upper limit 📈 Recent strong US dollar performance influencing movement 📉 Pair dropped from 0.90 to 0.84 due to weak US labor market reports 🏛️ Swiss National Bank’s guidance on rate cuts not impacting pair significantly 🔍 Focus on upcoming labor market reports for confirmation of … Read more