Key Takeaways: 💸 U.S. dollar facing selling pressure, especially from hedge funds and corporates 💶 EUR, JPY, and GBP seeing gains due to USD selling 📈 Hedge funds offering strong support for sterling despite being weakest G10 currency 🌍 Positive investor flows for EM FX currencies, with specific currency movements highlighted 🌐 Overall EM FX … Read more
Key Takeaways 💵 Dollar hits 7-month low, awaiting comments from Fed Chair Jerome Powell 👑 Swedish crown volatile after central bank rate cut, potential for quicker policy easing 📈 Euro touches highest level since December 28th 📉 Dollar index at lowest since January 2nd 🏛️ Focus on Powell’s speech at Jackson Hole conference and Fed’s … Read more
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