Key Takeaways: 💰 Rising odds of Trump winning the U.S. election are boosting the dollar 📉 European Central Bank’s dovish rate cut affected currency moves last week 📈 Trump’s improving prospects are lifting bitcoin due to softer approach on crypto regulation 🔒 Market focus on corporate earnings, U.S. election risk, and rise in hedging costs … Read more
Key Takeaways: 💱 Most Asian currencies stuck in a tight range on Monday 📈 Dollar hit over 2-½ month high, boosted by risk aversion 🇨🇳 Doubts over Chinese stimulus impact weighed on regional markets 🇯🇵 Yen stayed close to recent lows amid uncertainties over BOJ’s rate hikes 🏦 PBOC cut benchmark loan prime rate more … Read more
Key Takeaways 💵 UBS believes that the dollar has received a boost due to the return of the "Trump trade" 📈 Dollar rallies should be sold as Trump may not be outright positive for the greenback in the medium term 🗳️ U.S. election is too close to call, but Trump has gained ground and has … Read more
Key Takeaways: 💵 USD expected to weaken by mid-single digits over the next 12 months 🔄 Falling US rates likely to undermine the USD’s strength 🌍 CHF, GBP, and AUD are identified as attractive alternatives to USD 🇨🇭 Switzerland expected to benefit as the CHF’s yield differentials improve 🇬🇧 UK and Australia’s high yields may … Read more
Key Takeaways: 💰 USD/CNH currency pair could rise by 11% if Trump imposes 60% tariff on China 📊 Historical data shows $10 billion tariffs increased USD/CNH exchange rate by 1.7% 📈 Nomura projects 10.7% increase in USD/CNH with 60% tariff 💹 Nomura maintains a long position on USD/CNH pair 🤔 Potential risks include Chinese government … Read more
Key Takeaways 💵 The U.S. dollar slipped lower after strong gains, but is on track for a third weekly gain 📈 Expectations for a 25 basis point rate cut by the Federal Reserve next month 🇬🇧 British retail sales unexpectedly rose in September, boosting the sterling 🇪🇺 Euro remains on course for a weekly loss … Read more
Key Takeaways: 💴 Most Asian currencies remained steady as the dollar strengthened 📈 Strong US economic data increased expectations of smaller interest rate cuts 🇨🇳 The Chinese yuan firmed slightly after GDP data matched expectations 📉 The dollar index and futures fell in Asian trade after hitting over 2-½ month highs 🇯🇵 Japanese yen briefly … Read more
Key Takeaways 💵 U.S. dollar rises to an 11-week high on expectations of no hefty interest rate cut from the Fed 📉 Sterling falls to a two-month low due to softer-than-expected British inflation data 🇺🇸 Trump’s potential election victory and tariffs seen as positive factors for the dollar 🌍 Major central banks might undergo larger … Read more
Key Takeaways 💵 Dollar strengthened to a 10-week high on expectations of no hefty Fed rate cut 📉 Sterling dropped, reflecting potential BOE rate cut after softer inflation data 🗳️ Market focus shifted to U.S. elections and Fed interest rate path 🇺🇸 Trump’s election prospects viewed as positive for dollar 📊 Euro at a 10-week … Read more
Key Takeaways: 💷 British pound dropped to a two-month low due to softer than expected inflation data 🇬🇧 Bank of England might cut rates more aggressively in the upcoming months 🇪🇺 Euro at a 10-week low ahead of European Central Bank meeting 💵 Euro hurt by traders pricing out rate cuts from the Federal Reserve … Read more