Key Takeaways: 💵 The dollar strengthened ahead of central bank meetings in Japan and the U.S. 🌐 Other central banks on the agenda this week include those in Britain, Australia, Norway, Switzerland, Mexico, Taiwan, Brazil, and Indonesia. 📈 Markets have reduced expectations for aggressive Fed rate cuts, with less than three cuts anticipated in 2024. … Read more
Key Takeaways: 💵 The dollar edged lower as traders awaited central bank meetings, particularly the BOJ ending negative rates and the Fed’s rate cut projections 🌍 Central banks in various countries, including Japan, US, UK, Australia, Norway, Switzerland, Mexico, Taiwan, Brazil, and Indonesia are set to meet 📉 The dollar index was down 0.12% at … Read more
Key Takeaways: 💵 The U.S. dollar decreased ahead of the Federal Reserve meeting after gaining last week 📈 Markets expect around 75 basis points of rate cuts this year, with possibilities of the first cut by June 🏦 Analysts predict potential changes in Fed rate cut projections during the upcoming meeting 💶 Euro marginally increased … Read more
Key Takeaways 💵 The dollar dipped slightly on Monday as traders await central bank meetings 🏦 Bank of Japan may end negative rates, Fed expected to reveal rate cut projections 🌍 Multiple central banks worldwide set to meet, including Britain, Australia, Switzerland, and Brazil 📉 Markets are pricing in fewer rate cuts for the year, … Read more
Key Takeaways 💵 The dollar was steady as central bank meetings worldwide are anticipated, including the BOJ potentially ending negative rates and the focus on the Fed’s rate cuts projection 🇯🇵 BOJ expected to herald a new era by ending negative interest rate policy 💱 Yen fluctuated, reaching a one-month high against the dollar 🇦🇺 … Read more
Key Takeaways: 💱 Most Asian currencies were stable on Monday, while the dollar was steady near two-week highs 🏦 Focus was on central bank meetings by the Bank of Japan (BOJ) and Federal Reserve 💹 Speculation surrounded the possibility of the BOJ ending its ultra-loose policies, with wage hikes and inflation data playing a role … Read more
Key Takeaways: 💵 The US dollar is poised for its biggest weekly gain since mid-January. 📊 Mixed data on the US economy suggests the Federal Reserve may keep interest rates higher for longer or reduce planned rate cuts. 📈 Dollar index flat at 103.43. 🏭 US manufacturing sector showed solid output rebound in February. 🛒 … Read more
Key Takeaways: 💵 Euro could drop to $1.05 from $1.08 in the base case scenario of a 10% increase in tariffs on Europe 🚗 Possibility of euro reaching parity against the dollar if 20% tariffs are imposed on Europe’s carmakers by Trump 📉 Barclays’ global chairman of research predicts potential effects of Trump winning the … Read more
Key Takeaways: 💵 The U.S. dollar is on track for a positive week after hot inflation data 📈 Markets are closely watching the Federal Reserve for clues on future monetary policies 🤑 Japanese yen weaker due to uncertainty around Bank of Japan’s policy movement 🔗 Bitcoin and Ether prices rising in the cryptocurrency market 💼 … Read more
Key Takeaways: 💵 Most Asian currencies fell and the dollar reached a 1-week high due to hot inflation data and fears of hawkish Fed signals 🏦 Central bank meetings in Japan and Australia expected to offer more hawkish signals to currency markets 📈 Dollar index and dollar index futures rose in Asian trade after stronger-than-expected … Read more