Key Takeaways: 💷 Sterling remained at a five-month low against the dollar and steady against the euro 📈 UK unemployment rate rose to 4.2% from 3.9% 💼 Regular wages growth slowed to 6.0% compared to 6.1% in the previous period 📉 Market expectations of Bank of England rate cuts with the first likely cut in … Read more
Key Takeaways: 💵 The dollar strengthened after strong U.S. retail sales, hitting a five-month high against the pound and euro 📈 U.S. economy shows solid growth, reducing the likelihood of the Fed cutting interest rates 🇺🇸 Markets predict a 41% chance of the Fed cutting rates in July, down from 50% 🗣 Federal Reserve Chair … Read more
Key Takeaways: 💷 Pound at 5 month low against the dollar 📉 Wages excluding bonuses grew by 6.0% 📉 Pound slightly weaker against the euro 💰 Trading financial instruments and cryptocurrencies involves high risks 📉 Prices of cryptocurrencies are extremely volatile and may be affected by external factors 📊 Trading on margin increases financial risks … Read more
Key Takeaways: 💱 Most Asian currencies weakened, while the dollar rose to over five-month highs 🇨🇳 Chinese GDP data showed growth, but other economic indicators pointed to slowing momentum 💰 People’s Bank of China set a weak midpoint for the yuan, signaling more weakness ahead 📈 Dollar index and futures hit highest levels since early-November … Read more
Key Takeaways: 💹 U.S. dollar index up 4.6% this year 📊 Fed may need to maintain current interest rates due to inflation concerns 🤔 Investors expect U.S. to maintain higher rates compared to other central banks 📈 Yield differentials between U.S. and other economies have widened 💰 Net bets on the dollar in futures markets … Read more
Key Takeaways 💵 Dollar reached its highest level since November against a basket of currencies 📈 US retail sales increased more than expected in March 🏦 US central bank expected to make fewer interest rate cuts than previously anticipated 🚨 Japanese yen at lowest level since 1990 due to US dollar strength 💼 Japanese monetary … Read more
Key Takeaways 💴 The yen weakened against the dollar to its lowest level since June 1990 📈 Markets are monitoring for potential intervention from Japanese authorities to support the yen 🌍 Stronger dollar supported by economic data shifting Fed rate cut expectations and tensions in the Middle East 👀 Anticipation of currency intervention has increased … Read more
Key Takeaways 💵 Dollar was steady holding big weekly gain 🔥 Prospect of high U.S. interest rates and Middle East conflict supports dollar 📉 Initial currency moves on Monday based on Fed rate cut expectations 🇮🇷 Iran attack on Israel caused only modest damage 💹 Dollar index near 5-1/2 month high 👀 Yen marks 34-year … Read more
Key Takeaways: 💹 Dollar remains elevated and edged lower in early European trade 🌍 Heightened Middle East tensions dent risk appetite 📉 Western allies urge restraint amid Israeli-Iranian conflict 📊 US dollar saw profit-taking while remaining in demand 💸 Dollar seen as the best safe-haven currency currently 📈 Fed cut hopes diminish with just 50 … Read more
Key Takeaways: 💵 The dollar was steady due to expectations of high U.S. interest rates 📉 The yen hit a 34-year low against the dollar 🇮🇷 Iran launched a drone and missile attack on Israel 🤝 The dollar is seen as a safe-haven currency 💸 Investors reduced bets on Fed rate cuts 📈 Two-year Treasury … Read more