Key Takeaways: 💰 The New Zealand dollar fell after the Reserve Bank of New Zealand cut interest rates. 📉 UBS expects the New Zealand dollar to fall further against the US dollar. 📊 UBS predicts another 50bp interest rate cut in November. 🌏 Global markets are adjusting expectations for rate cuts. 🇳🇿 NZD is expected … Read more
Key Takeaways: 💵 Dollar rose to a 10-week peak against the yen as confidence in Fed’s approach increased 📊 Dollar index close to two-month top, traders reducing bets on U.S. rate cuts 📈 Sept’s CPI likely to show steady core U.S. inflation at 3.2% year-on-year 🏦 Fed’s focus on keeping labor market healthy, less concern … Read more
Key Takeaways: 💰 U.S. dollar hits a 10-week high against the yen 📉 Dollar index close to a two-month top as traders reduce bets for U.S. rate cuts 📊 Economists predict core U.S. inflation to hold steady at 3.2% year-on-year 🇺🇸 Fed reinforces focus on keeping labor market healthy 🔮 Traders put 85% odds on … Read more
Key Takeaways 💹 Most Asian currencies firmed slightly after recent losses 📉 Doubts over Federal Reserve interest rate cuts impacted regional currencies 🌏 Improving sentiment towards China boosted Asian currencies 📈 Dollar index remained near seven-week highs in Asian trade 📊 Focus on consumer price index inflation data for Fed’s interest rate plans 💰 Traders … Read more
Key Takeaways: 💹 Traders are optimistic that the Federal Reserve will not continue easing rates aggressively 📉 The U.S. dollar reached a two-month high against the euro 📊 Traders see an 83% chance of a 25 basis point rate cut at the November Fed meeting ✨ The New Zealand dollar tumbled after interest rates were … Read more
Key Takeaways: 💵 US dollar edges up with confidence in reduced central bank easing 📉 Euro falls to two-month low against dollar 🇯🇵 Yen fluctuates after Japan’s PM comments on monetary policy 🔝 Dollar index rises to highest since August 📉 Australian and New Zealand currencies hit hard by demand worries 📈 Expectations of Fed … Read more
Key Takeaways: 💰 Buying Australian dollar recommended by HSBC 🇨🇳 Policy support from China a crucial factor 📈 Growing easing bias among major central banks 💸 Aussie dollar appears undervalued and cheap 🌍 Global financial conditions becoming more supportive for risky assets 🛡️ Tricky near-term trading environment for AUD due to Fed repricing and geopolitical … Read more
Key Takeaways: 💵 UBS advises caution over potential US dollar weakness 📈 Limited selective opportunities for a quick reversal of recent USD strength 🇺🇸 Markets close to US elections, outcomes too close to call 📊 "Red Sweep" in elections could be USD-bullish 🔄 Reversal in favor of weaker USD may not be rewarding 💱 More … Read more
Key Takeaways: 💵 The dollar had its best week in two years, showing strength against other currencies 🌍 Central banks in Europe and Japan signaled they would match any rate cuts by the Fed 💰 Huge demand for U.S. assets from overseas investors is keeping the dollar strong 🇺🇸 U.S. investors show little interest in … Read more
Key Takeaways: 💵 The dollar steadied after a strong rally, with investors monitoring the interest rate outlook for the U.S. 👉🏼 The New Zealand dollar dropped to its lowest point following a substantial interest rate cut by the RBNZ. 📉 Markets have scaled back expectations of strong interest rate reductions after robust U.S. jobs report … Read more