Key Takeaways: 💵 Dollar near two-week high awaiting U.S. economic data 🇯🇵 Yen strengthens after Bank of Japan governor’s interest rate raise comments 🇪🇺 Euro and sterling lose value against the dollar 📊 U.S. payrolls data on Friday crucial for Fed interest rate cut decision 📈 Markets expect 69% chance of 25 bps cut in … Read more
Key Takeaways 💵 Dollar remains close to a two-week high as investors await key economic data. 📉 Euro and sterling have weakened against the dollar. 🇺🇸 U.S. payrolls data on Friday will be a major focus for markets. 💼 Markets expect 25 or 50 basis points cut in interest rates by the Federal Reserve. 📈 … Read more
Key Takeaways: 💵 The U.S. dollar was trading higher near a two-week high ahead of the key jobs report 📉 Markets are anticipating a rate cut by the Federal Reserve, with a quarter-point reduction expected 📈 Strong dollar reflected anticipation of a rate cut, propelled by an increase in long-term Treasury yields 🔍 Jobs report … Read more
Key Takeaways 💴 Weakening dollar provides relief to economies globally 📉 Yen intervention speculation cancelled as yen rebounds 💹 China concerned about yuan strength due to dollar weakness 💸 Emerging market currencies in Asia see gains, Latin America faces challenges 💱 Sterling and Euro strengthen, support central banks’ policies 👑 Swedish crown rallies as currency … Read more
Key Takeaways: 💵 The U.S. dollar index saw a modest decline 📉 Markets are anticipating a rate cut by the Federal Reserve 📊 Recent inflation data suggested a smaller rate cut possibility 📈 The outcome of the upcoming jobs report will impact the dollar’s trajectory 💼 A strong jobs report could provide confidence in economic … Read more
Key Takeaways: 💵 Dollar remains close to highest level in two weeks as focus shifts to upcoming U.S. jobs report 📉 Markets expect a 25-bps rate cut by the Federal Reserve, with a 33% chance of a larger 50-bps cut 🌎 Global economic figures are influencing the dollar’s strength, with expectations for dollar weakening in … Read more
Key Takeaways: 💲 Dollar gained due to rising geopolitical tensions and safe-haven appeal 🇬🇧 Pound fell after Bank of England cut interest rates ⚔️ Concerns about conflict in the Middle East escalated 📉 Yen edged higher after Bank of Japan’s rate hike 📉 Euro touched a three-week low 📉 Bitcoin fell by 2.68% Global Markets … Read more
Key Takeaways: 💲 U.S. payrolls report on Friday crucial for Fed rate cut 📈 Greenback strengthened by rise in long-term Treasury yields 💱 Euro gains slightly as dollar weakens 🏛️ Political uncertainty in Europe with AfD far-right party gaining power 📉 ECB money markets reduce bets on rate cuts 💼 Non-farm payrolls expected to show … Read more
Key Takeaways: 💵 The U.S. dollar has fallen to its lowest level this year on expectations of Fed rate cuts 📉 UBS predicts further losses for the dollar in the coming months 📈 UBS forecasts a mid single-digit decline for the greenback over the next 12 months 📊 Factors contributing to the dollar’s weakness include … Read more
Key Takeaways: 💵 Dollar edged lower ahead of payrolls, showing potential for Federal Reserve interest rate cuts 📈 Euro gained against the dollar, despite Eurozone manufacturing activity in contraction territory 🇪🇺 European Central Bank likely to cut interest rates again after low inflation numbers in Eurozone 🇩🇪 German far-right party AfD won a state legislature … Read more