Key Takeaways: 💵 The dollar eased on Monday while remaining close to a two-week high. 📊 U.S. job data is eagerly awaited this week to assess Federal Reserve rate cut expectations. 🇺🇸 There is anticipation of a 25 basis points rate cut by the Federal Reserve this month. 💰 The dollar index against major peers … Read more
Key Takeaways: 💸 Swiss franc being used as alternative to yen for carry trades 📉 Yen carry trades imploded in August, sparking global market turmoil 🏦 Swiss National Bank has a lower interest rate, making franc borrowing cheaper 🛡️ Swiss franc is considered a safe-haven currency due to stability 📈 Analysts recommend using Swiss franc … Read more
Key Takeaways: 💱 US dollar rose after key inflation data in line with forecasts 📉 Expectation of Federal Reserve cutting interest rates by 25 basis points instead of 50 💵 Market implied a 31% chance of a 50 basis-point rate cut next month 🛒 Consumer spending and income increased, reinforcing Fed rate cut expectations 📈 … Read more
Key Takeaways 💵 Dollar has support for a rally due to upcoming Fed rate-cutting cycle 📈 Median rally in DXY after Fed eases policy is 5% 💼 Divergence in monetary policy expectations supports dollar, especially compared to UK and Euro Area 📈 Dollar sentiment already bullish, potential liquidation in long-dollar positions due to catalyst such … Read more
Key Takeaways: 💸 UBS anticipates further downward pressure on the US dollar despite recent economic data 📉 Factors contributing to this outlook include interest rate differentials, US fiscal deficit concerns, global monetary policy shifts, the Federal Reserve’s looser policy, and trade tensions 📈 UBS recommends favoring currencies like the euro, British pound, and Australian dollar … Read more
Key Takeaways 💵 The U.S. dollar received a boost from stronger second-quarter growth data 🌍 Other economies like Germany and the UK are also seeing weakness 📊 Subdued inflation prints from Germany and Spain anticipate a decline in euro area CPI inflation 💡 A weakening US economy does not always lead to a weaker US … Read more
Key Takeaways: 💹 Dollar set to end a five-week losing streak with 0.6% gain this week 📈 Markets expect Federal Reserve to cut rates next month, first time in over four years 🌍 Eurozone experiencing slowing inflation, leading to potential rate cuts by European Central Bank 💵 US Dollar Index consolidating below 101.50 after two … Read more
Key Takeaways 💵 Citi views the US election as dollar positive 📈 Increased tariffs, especially on China, could strengthen the dollar 🌍 Other global economic conditions will also impact the dollar 🇺🇸 Different election scenarios have varying implications for the dollar 💼 Market participants typically start pricing in election outcomes two to three months ahead … Read more
Key Takeaways: 💵 Most Asian currencies trading in tight range due to anticipation of key inflation data 📈 Japanese yen firming up on strong CPI data, points to hawkish Bank of Japan 📊 Chinese yuan reaches strongest level since 2024, boosted by positive policy measures 👁 Dollar seen trading down in August, despite recent steadying … Read more
Key Takeaways: 💰 Sterling has hit 2-1/2 year highs against the dollar and euro 📉 Speculative interest rate bets could unravel and cause increased volatility 📈 BoE expected to keep rates high longer than US and eurozone, but potential risk of rate cuts ⚠️ Traders wary of potential sell-offs due to carry trades and market … Read more