Understanding the strength of CHF: BoA Securities analysis

Key Takeaways: πŸ’ͺ Consensus trade expected Swiss Franc weakness πŸ“ˆ USD/CHF 0.1% higher, up 1.3% YTD πŸ”„ Year has seen significant FX weakness in H1, recovery in H2 πŸ‡¨πŸ‡­ Switzerland has factors for FX weakness, but CHF not weakening as expected πŸ“‰ Below expected Swiss CPI inflation in August, stable on monthly basis πŸ“ˆ Swiss … Read more

Dollar Hits Two-Week Highs as Yen Takes Center Stage

Key Takeaways: πŸ’΅ Dollar near two-week high ahead of U.S. payrolls data πŸ‡―πŸ‡΅ Yen breaks losing streak after Bank of Japan governor’s comments πŸ“‰ Euro and sterling edging lower against the dollar πŸ“ˆ Dollar index up at 101.80, highest in two weeks πŸ“Š Markets pricing in 69% chance of 25 bps Fed rate cut πŸ‡¦πŸ‡Ί … Read more

Currency Update: Dollar Hits Two-Week Highs with Yen Stealing the Spotlight

Key Takeaways: πŸ’΅ Dollar near two-week high awaiting U.S. economic data πŸ‡―πŸ‡΅ Yen strengthens after Bank of Japan governor’s interest rate raise comments πŸ‡ͺπŸ‡Ί Euro and sterling lose value against the dollar πŸ“Š U.S. payrolls data on Friday crucial for Fed interest rate cut decision πŸ“ˆ Markets expect 69% chance of 25 bps cut in … Read more

Currency Market Braces for Labour Data Deluge as Dollar Holds near Two-Week Highs

Key Takeaways πŸ’΅ Dollar remains close to a two-week high as investors await key economic data. πŸ“‰ Euro and sterling have weakened against the dollar. πŸ‡ΊπŸ‡Έ U.S. payrolls data on Friday will be a major focus for markets. πŸ’Ό Markets expect 25 or 50 basis points cut in interest rates by the Federal Reserve. πŸ“ˆ … Read more

Investors on Edge as Dollar Moves Ahead of Crucial Jobs Report

Key Takeaways: πŸ’΅ The U.S. dollar was trading higher near a two-week high ahead of the key jobs report πŸ“‰ Markets are anticipating a rate cut by the Federal Reserve, with a quarter-point reduction expected πŸ“ˆ Strong dollar reflected anticipation of a rate cut, propelled by an increase in long-term Treasury yields πŸ” Jobs report … Read more

Global Policymakers Find Relief as the Dollar Strengthens

Key Takeaways πŸ’΄ Weakening dollar provides relief to economies globally πŸ“‰ Yen intervention speculation cancelled as yen rebounds πŸ’Ή China concerned about yuan strength due to dollar weakness πŸ’Έ Emerging market currencies in Asia see gains, Latin America faces challenges πŸ’± Sterling and Euro strengthen, support central banks’ policies πŸ‘‘ Swedish crown rallies as currency … Read more

Market Watch: Dollar Fluctuates as Investors Await Jobs Report and Fed Actions

Key Takeaways: πŸ’΅ The U.S. dollar index saw a modest decline πŸ“‰ Markets are anticipating a rate cut by the Federal Reserve πŸ“Š Recent inflation data suggested a smaller rate cut possibility πŸ“ˆ The outcome of the upcoming jobs report will impact the dollar’s trajectory πŸ’Ό A strong jobs report could provide confidence in economic … Read more

Currency Market Update: Dollar Strengthens Amid Geopolitical Tensions, Pound Weakens Following Rate Cut

Key Takeaways: πŸ’² Dollar gained due to rising geopolitical tensions and safe-haven appeal πŸ‡¬πŸ‡§ Pound fell after Bank of England cut interest rates βš”οΈ Concerns about conflict in the Middle East escalated πŸ“‰ Yen edged higher after Bank of Japan’s rate hike πŸ“‰ Euro touched a three-week low πŸ“‰ Bitcoin fell by 2.68% Global Markets … Read more

Dollar’s Two-Week High Eases as US Job Data Looms Ahead

Key Takeaways: πŸ’² U.S. payrolls report on Friday crucial for Fed rate cut πŸ“ˆ Greenback strengthened by rise in long-term Treasury yields πŸ’± Euro gains slightly as dollar weakens πŸ›οΈ Political uncertainty in Europe with AfD far-right party gaining power πŸ“‰ ECB money markets reduce bets on rate cuts πŸ’Ό Non-farm payrolls expected to show … Read more