Key Takeaways: 💰 G10 FX positioning has become more balanced compared to Q2 📉 Vulnerabilities persist, particularly with hedge funds’ USD long positions 🔄 Demand for USD-JPY has partially reversed in the third quarter 💼 Real Money is neutral on EUR-USD and focused on emerging market currencies 📊 Futures market is more balanced, but FX … Read more
Key Takeaways: 🇪🇺 Euro at highest point this year, sterling near one-month peak 🇸🇪 Swedish crown falls after central bank rate cut 📈 Euro up 2.4% in August, set for strongest monthly performance since November 🇦🇺🇳🇿 Australian and New Zealand dollars near one-month highs 🇯🇵 Japanese yen slightly weaker, moving away from recent highs 🏦 … Read more
Key Takeaways: 💵 Dollar near a seven-month low due to rate cut speculation 📊 Markets have reduced the odds of a 50 bps cut in September 🌍 Euro at its highest this year, up 2.4% in August 🇯🇵 Japanese yen slightly weaker, around 146.98 per dollar 🎙️ Focus on Federal Reserve Chair Powell’s speech and … Read more
Key Takeaways 💹 Dollar steadied at a more-than seven-month low with expected rate cuts by the Federal Reserve 📉 Japanese yen strengthened due to weaker dollar and potential interest rate hikes by the Bank of Japan 📈 Asian markets expected to gain strength from lower rates and dollar outflows 💹 Asian currencies reached a 7-month … Read more
Key Takeaways 💵 Dollar hits a 7-month low, yen strengthens as traders await Powell’s comments 📉 Markets pricing in 75% chance of 25-basis-point rate cut by end of 2025 🛑 Overestimate of speed and extent of Fed rate cuts 🔍 Federal Reserve officials hint at potential interest rate cuts in September 📊 Markets correcting after … Read more
Key Takeaways: 💱 The yen rose sharply as the dollar dropped, influenced by potential rate hikes in Japan. 📉 The dollar weakened amid expectations of dovish signals from the Federal Reserve and Chair Jerome Powell’s upcoming speech. 🏦 Analysts anticipate rate cuts from the Fed and potential rate hikes in Japan, impacting the dollar-yen exchange … Read more
Key Takeaways: 💼 Zara and H&M facing challenges in Bangladesh 🏦 Impact of HC order on I-Sec delisting on ICICI Bank 🏥 Importance of protecting scarce and long-trained doctors in India 📉 Earnings growth at a 14-quarter low, need to prepare 💰 Potential problems if the market increases too much 📊 TCS might reach record … Read more
Key Takeaways: 💱 The yuan is on the rise due to broad dollar selling and investor bets on U.S. rate cuts 📈 Yuan climbs against the dollar, reaching 7.1314 per dollar 🌐 Weakening dollar contributes to yuan’s gain, pushing it back near daily trading band 💰 Yen strengthens against other currencies, putting pressure on the … Read more
Key Takeaways: 💵 The U.S. dollar declined broadly on Monday, particularly against the yen 📆 Main drivers of currency movement for the week include Fed’s July policy meeting minutes and Powell’s upcoming speech 🇯🇵 Big move lower against yen attributed to potential U.S. and Japan policy divergence 💥 Bank of Japan’s hawkish tilt last month … Read more
Key Takeaways 💱 The dollar fell against the yen on Friday as traders took profits and investors analyzed economic data to anticipate interest-rate cuts by the Federal Reserve. 📉 U.S. single-family homebuilding declined in July, reflecting muted market activity due to higher mortgage rates and house prices. 📈 Despite a daily decline against the yen, … Read more