The US Dollar is experiencing slight softness today, primarily maintaining the levels established in yesterday’s trading against the G10 currencies. The Australian dollar is at the forefront, achieving its highest level since September 18. The market has, however, dismissed unexpected data: a notable increase in German factory orders alongside a disappointing decline in household spending Read More
The U.S. dollar remained close to a five-week low against its major counterparts on Friday as investors prepared for a Federal Reserve rate cut anticipated next week. Markets are anticipating a quarter point reduction during the upcoming Federal Open Market Committee meeting on December 9-10, with particular attention on any indications regarding the extent of Read More
The US dollar is showing signs of stabilization against the majority of G10 currencies today following its recent downturn. As the North American markets prepare to open, the greenback is showing slight gains against the G10 currencies, with the exception of the Japanese yen and Australian dollar. The flow of news is minimal. The market Read More
The euro reached a nearly seven-week peak against the dollar on Wednesday, supported by data indicating growth in euro zone business activity. In contrast, disappointing U.S. jobs data and anticipations of additional U.S. rate cuts exerted pressure on the dollar. In November, business activity in the euro zone experienced its most rapid growth in two-and-a-half Read More
The US dollar is experiencing pressure today. The recent stronger final PMI readings from Europe, coupled with a decline in US yields, have resulted in the greenback trading below last month’s lows against multiple G10 currencies. Even in instances where the data fell short, such as Australia’s Q3 GDP or Switzerland’s CPI, the currencies are Read More
The dollar remained steady on Wednesday, as other assets took center stage, while investors with an eye on 2026 began to adjust their positions in anticipation of U.S. rate cuts impacting the greenback. During the morning session, the Australian dollar reached a three-week peak of $0.6576, subsequently pulling back slightly following gross domestic product data Read More
The dollar has experienced significant trading activity in recent days, currently consolidating within narrow ranges while exhibiting a slightly firmer bias today. US rates, which surged yesterday, are maintaining elevated levels throughout the Asia Pacific session and into the European morning. We believe the greenback has potential for further short-term corrective gains. In light of Read More
The dollar experienced a decline against the Japanese yen, as Bank of Japan Governor Kazuo Ueda offered his most robust signal yet that a potential interest rate hike in December might be on the table, thereby lending support to the struggling yen. Simultaneously, increasing anticipations for a December interest rate cut by the Federal Reserve Read More
The US dollar is exhibiting a more pronounced downward trend today. On the initial day of the new month, both equities and bonds experienced selling activity. The dollar bloc and the sterling are underperforming today, while the yen has experienced an upward movement due to increased speculation regarding a potential rate hike by the Bank Read More
The US dollar is exhibiting strength against almost all G10 currencies. The yen stands out as the top performer, remaining nearly unchanged even with the anticipated shift towards a BOJ hike next month. Anticipations have stabilized for a Federal Reserve reduction next month at approximately 80%. The November inflation reports from the largest eurozone members Read More
