Key Takeaways: 💱 Euro remained steady against the dollar in volatile trading 📈 Australian and New Zealand dollars rose after China’s loose monetary policy announcement 📊 U.S. inflation data awaited by investors for potential Fed interest rate cut 🌐 China’s shift to support economic growth with loose monetary policy and proactive fiscal measures 💹 Dollar … Read more
Key Takeaways: 💼 US job market remains solid 🔍 Party leadership meeting due to disappointing election results 🤝 BP and JERA agree on offshore wind deal 💰 Profits only expected to increase with rising PGMs prices 🌏 SA needs holistic view of mining for environmental protection and community benefit 🏕️ Refugees in Turkey, Lebanon, and … Read more
Key Takeaways: 💵 Euro steady against dollar as investors await U.S. inflation data 📊 Markets expect U.S. Fed to cut rates by 0.25 points 📈 Australian and New Zealand dollars rise on China’s loose monetary policy 🇨🇳 Chinese yuan strength affecting other currencies like kiwi and Aussie 🌀 Central banks like ECB, BoC, SNB, and … Read more
Key Takeaways: 💵 Dollar Index traded 0.1% lower 🛡 Dollar retains support as a safe haven due to geopolitical tensions 🏦 US consumer inflation data for November will influence interest rate trajectory 🇪🇺 EUR/USD edged higher, awaiting ECB rate decision ➡️ ECB expected to agree on another 25-bps rate cut 🇬🇧 GBP/USD traded 0.3% higher, … Read more
Key Takeaways 💱 Market is focused on Canadian dollar and Australian dollar ahead of central bank meetings this week 🌍 Euro and major currencies are losing ground to a strong U.S. dollar 📊 Analysts recommend shorting U.S. dollars into year-end due to overvaluations 🔍 Geopolitical developments and trades support staying long on the dollar 💰 … Read more
Key Takeaways: 💹 South Africa’s rand firmed early on Monday, trading at 17.94 against the dollar 📊 Week filled with key data releases to gauge the health of the economy 📈 Investors watching mining production, manufacturing, retail sales, and inflation data 📉 Johannesburg Stock Exchange Top-40 index slightly down 💸 Benchmark 2030 government bond yield … Read more
Key Takeaways 💵 The Canadian and Australian dollars are focused on this week for their central bank meetings 📉 The U.S. dollar is gaining strength against major currencies 🔄 Analysts recommend being short on U.S. dollars into the year end 📈 Dollar index rose to 106.20 🪙 Bitcoin reached a record of $103,649 🇪🇺 Main … Read more
Key Takeaways 💵 Most Asian currencies dipped, with South Korean won leading losses 🌍 Geopolitical tensions in Middle East affecting investor sentiment 🇰🇷 South Korean won depreciated nearly 10% in 2024 🇹🇼 Taiwan dollar and 🇸🇬 Singapore dollar saw slight gains 🇦🇺 Australian dollar awaiting Reserve Bank rate decision 🇮🇳 Indian rupee ticked up after … Read more
Key Takeaways: 💲 US dollar rose on Friday, showing gains against euro and yen 📉 Unemployment rate in the U.S. slightly increased to 4.2% 📊 Marks in favor of another Fed rate cut as data suggests a softer labor market 📈 Dollar regained losses post-positive consumer sentiment and inflation expectations 🌏 Dollar was mixed against … Read more
Key Takeaways: 💶 ECB expected to deliver fourth rate cut due to deteriorating euro area economy 🇦🇺 Australia’s central bank faces challenges with sputtering economy, low inflation 🇺🇸 Federal Reserve policy trajectory uncertain despite expectations of 0.2% inflation rise in November 🚀 Bitcoin surpasses $100,000 after Trump’s election promises and potential influence of SEC appointment … Read more