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
Key Takeaways 💵 The US dollar is gaining strength as the US election approaches 📈 Rising odds of a Trump win are seen as positive for the USD 🗳️ Analysts expect a stronger USD in the short term with higher chances of a Trump presidency 💸 UBS incorporates the possibility of USD rebound in its … Read more
Key Takeaways 💸 Citi advises selling euro rallies around the ECB meeting 📉 Markets predict 49 basis points of easing over the next two ECB meetings ⏰ Potential tactical bounce in EUR before ECB meeting, to be faded into November 📈 Evidence suggests EUR is undervalued and Citi’s FX Positioning data suggests adding to EUR … Read more
Key Takeaways: 💵 Dollar is gaining ground on expectations of modest rate cuts from the Federal Reserve this year 🇬🇧 Sterling weakens after British inflation falls below expectations, hinting at rate cut in November 🏦 Bank of England may reduce rates at both remaining meetings this year 🇪🇺 Euro trading lower ahead of European Central … Read more
Key Takeaways 💷 British pound drops to lowest in two months on softer-than-expected inflation data 🇺🇸 Dollar remains firm on Federal Reserve outlook and potential Trump win 🏦 Bank of England expected to cut rates next month 💶 Euro at 10-week low ahead of European Central Bank meeting 📉 Euro continues to drop against the … Read more
Key Takeaways 💵 Dollar near two-month peaks against major peers, supported by expected modest interest rate cuts from Federal Reserve and increased odds of Trump re-election 🇪🇺 Euro edged lower due to expected interest rate cuts by European Central Bank 🤔 Scepticism over Chinese stimulus led to Australian and New Zealand dollar weakening 📉 Market … Read more
Key Takeaways 💵 Most Asian currencies trading in a tight range amid China stimulus speculation and Fed rate outlook 📉 Sign of resilience in U.S. economy causing bets for smaller Fed rate cuts and boosting dollar 🔄 Doubts over China’s stimulus details contributing to constrained sentiment towards Asia 📈 USD buoyed by expectations of slower … Read more
Key Takeaways: 💵 The US dollar is on an uptrend due to Federal Reserve policy support. 📈 Federal Reserve policy is contributing to the dollar’s strength. 🌐 Global economic uncertainty is also influencing the dollar’s performance. 🔍 Investors are closely monitoring the Federal Reserve’s actions. 💰 US Dollar is continuing its uptrend. 🏦 Fed’s commitment … Read more