Key Takeaways: 💵 Dollar has rebounded against most currencies 📈 Yen weakened for the first time this month 📉 Market reassessment resulted in dollar gaining ground 🔀 Swiss franc also weakened, used in carry trades like yen 💹 Euro and pound lost ground against the dollar 🔁 Equity markets attempted to recover after recent losses … Read more
Key Takeaways: 💵 The U.S. dollar rebounded after recent losses as calm returned to the foreign exchange markets 📉 Traders are expecting significant rate cuts from the Federal Reserve this year 📈 German industrial orders rose in June, providing hope for Europe’s largest economy 💰 The yen weakened for the first day in August, benefiting … Read more
Key Takeaways: 💹 Japanese yen and Swiss franc weakened as market volatility eased 📈 Dollar gained against yen, euro, and pound after recent declines 🇺🇸 Traders expect 110 bps Fed easing this year, 80% chance of 50 bps cut in September 💱 Market moves influenced by U.S. Federal Reserve policy expectations 🇦🇺 Australian dollar remained … Read more
Key Takeaways: 💹 The U.S. dollar is facing steep losses, while the yen is weakening. 📉 Global sell-off in stocks and high-yielding currencies is happening due to softer U.S. job data, disappointing tech firm earnings, and concerns about the Chinese economy. 🌍 Central banks’ divergent paths are causing market volatility. 🔍 Speculators’ bearish bets against … Read more
Key Takeaways: 📉 Most Asian currencies weakened slightly on Tuesday as the dollar steadied from a recent rout 💵 The Japanese yen fell from seven-month peaks 🏦 The Australian dollar firmed after the Reserve Bank of Australia kept rates unchanged and indicated a hawkish tone 🌍 Sentiment remains fragile in regional markets 🇯🇵 The Bank … Read more
Key Takeaways 💰 Weaker-than-expected U.S. jobs data and disappointing earnings reports have led to a global sell-off in stocks, oil, and high-yielding currencies as investors turn to cash for safety 📉 U.S. Treasury yields have been falling sharply following Fed Chair Jerome Powell’s hint at a possible rate cut in September, with stock indexes in … Read more
Key Takeaways: 💰 Mexican peso weakened against U.S. dollar due to U.S. recession fears 📉 Peso trading at 19.37 per greenback, down 1.1% 🌍 Global trade unwind led to peso’s fall 🇲🇽 Mexico’s economy impacted by U.S. economic developments ⚙️ Uncertainties in U.S. and Mexico affecting peso’s performance 🎙️ Radio Schuman offers relevant news and … Read more
Key Takeaways: 💵 U.S. dollar dropped to a 7-month low against a basket of peers 📉 Dollar sold off sharply against the Euro & the Japanese yen 📉 Weaker-than-expected U.S. jobs data & disappointing earnings reports affected markets 📉 U.S. Treasury yields fell further, stock indexes were in the red 💲 Fed fund futures show … Read more
Key Takeaways: 💰 Dollar slumps amid recession fears 📉 U.S. Treasury yields drop significantly 💵 Market expects U.S. Federal Reserve to cut interest rates in September 🗓 Wells Fargo projects two 50 basis-point rate cuts at upcoming meetings 🇨🇭 Swiss Franc and yen see safe-haven demand 📈 Swiss Franc soars to seven-month high against the … Read more
Key Takeaways 💹 Swiss franc rises to highest level against euro in nearly a decade 📉 Franc has increased by 3.5% against euro since U.S. Federal Reserve interest rate decision 🗓 Franc hits highest level since January 2015 when Swiss National Bank scrapped euro cap 🏦 Swiss National Bank declines comment on franc’s strength and … Read more