Key Takeaways 💹 Yen weakened to 158.19 against the dollar 📉 Euro fell by about 0.5% and traded at $1.0351 🔍 U.S. job openings rose in November, leading to a possible inflation warning 📈 10-year U.S. bond yields touched an eight-month high of 4.699% 🇳🇿 New Zealand and 🦘 Australia currencies hit multi-year lows against … Read more
Key Takeaways: 💵 Asian currencies weakened on growing bets for slower U.S. interest rate cuts 🇨🇳 U.S.-China trade relations worsened with companies added to blacklist 📉 Chinese yuan steadied after touching weakest level in 17 years 🇰🇷 South Korean won rose amid political uncertainty 💰 Job openings data boosted dollar in Asian trade 📈 Strong … Read more
Key Takeaways: 💰 Dollar strengthened due to stable jobs market and robust services sector 📉 U.S. rate futures market sees a high chance of a pause in rate cuts this month 🔺 Market anticipates a little more than one Fed rate cut for the year, delayed to July 💲 Investors are considering Trump’s tariff policies … Read more
Key Takeaways: 💵 U.S. dollar gained after stable jobs market and strong services sector data 📈 Dollar rose to a near six-month peak against the yen 🇪🇺 Euro slipped against the dollar after the data release 📊 U.S. job openings unexpectedly increased in November 🏢 U.S. services sector activity accelerated in December with strong demand … Read more
Key Takeaways: 💵 U.S. dollar near one-week low due to uncertainty about Trump’s tariff policies 🌐 Market focus on U.S. economic data including JOLTS job openings and ISM Services index 🇪🇺 Euro zone targeted by Trump’s tariff threats affecting euro/dollar exchange rate 📈 Money markets pricing in an ECB deposit facility rate increase despite economic … Read more
Key Takeaways: 💱 BofA analysts question sustainability of Swiss Franc weakness 📈 Swiss Franc trading near overvalued levels from beginning of 2024 🏦 SNB hesitancy in adopting unconventional policy measures 📉 Effectiveness of future policy measures questioned once rate reaches 0.25% 🌍 Euro volatility and upcoming German elections impact Swiss Franc movements 🔒 BofA recommends … Read more
Key Takeaways: 💵 The U.S. dollar is close to a one-week low as markets await U.S. economic data and assess Trump’s tariff policies 💼 Investors are considering how widespread tariffs could boost U.S. inflation, impacting the Federal Reserve’s interest rate cuts 🕰️ Market uncertainty exists regarding future U.S. policy moves and potential adaptation of Trump’s … Read more
Key Takeaways: 💹 UKX index down by 0.5% 📉 France’s annual inflation rate at 1.3% in December 🏗️ France’s Construction PMI decreased to 42.60 points 💵 Dollar is weakening 🌍 Euro is waiting for key inflation data 📈 Eurozone health is improving 💰 EUR/USD is holding onto gains after overshooting on the downside last week … Read more
Key Takeaways 💵 The U.S. dollar dipped towards a one-week low against major peers as traders considered the impact of Trump’s proposed tariffs. 🇪🇺 The euro added 0.08% to $1.039825 and jumped to a one-week high following Trump’s tariff threats aimed at the euro zone. 📉 Investors cautious as trade tensions impact currency market 💲 … Read more
Key Takeaways 💵 The U.S. dollar is weakening against major peers as traders speculate about Trump’s tariffs 📉 Dollar index dipped to 108.16 after hitting a low of 107.74, strongest since November 2022 🇪🇺 Euro zone has been a target of Trump’s tariff threats 📈 Euro rose to $1.0437 and sterling climbed to $1.2550 🇯🇵 … Read more