Three significant developments have emerged. Initially, Japan’s Prime Minister Takaichi guided the LDP to a significant victory, achieving a 2/3 “super majority.” This outcome is perceived as a strong mandate, presenting a chance to amend the constitution. Despite the sale of JGBs and the purchase of Japanese equities, following some initial volatility, the yen has Read More
The US dollar is experiencing a reduction in this week’s gains against the majority of G10 currencies today. The Australian dollar has rebounded from a two-week low established earlier today and stands out as the sole G10 currency to appreciate against the greenback this week. The Reserve Bank of Australia increased interest rates earlier this Read More
The U.S. dollar remained close to a two-week high on Friday, set for its best weekly performance since November, as a sell-off in stocks fueled by concerns over AI spending unsettled investors, while the yen strengthened in anticipation of a national election on Sunday. The dollar has appreciated following President Donald Trump’s nomination of Kevin Read More
The US dollar is exhibiting a stronger position today relative to the majority of G10 currencies. The prevailing consolidative/corrective tone persists. The outcomes of the meetings held by the European Central Bank and the Bank of England are currently anticipated. Neither central bank is expected to take action, which enhances the influence of the commentary. Read More
The dollar remained stable at the onset of Asian trading on Thursday, as market participants await interest rate decisions from the European Central Bank and the Bank of England, both anticipated to maintain current rates later in the global trading session. The U.S. dollar index, reflecting the strength of the greenback against a selection of Read More
The dollar is experiencing a generally stronger position today, although it is primarily in a phase of consolidation. The Japanese yen stands out as a significant exception. The greenback attained JPY156.85, marking its highest point since January 23, and appears to have not yet reached its peak. With Sunday’s election approaching, current polls indicate that Read More
The U.S. dollar held its ground on Wednesday as investors exercised caution following the abrupt conclusion of a partial government shutdown, while the yen slipped closer to a two-week low in anticipation of an upcoming national election that appears increasingly uncertain. The currency markets continued to process the nomination of Kevin Warsh by U.S. President Read More
The dollar maintained its strength on Tuesday, bolstered by favorable economic indicators and changing expectations regarding Federal Reserve policy, which overshadowed worries about a potential U.S. government shutdown. The Australian dollar appreciated following the Reserve Bank of Australia’s anticipated rate increase, marking the initial of three significant central bank announcements this week. The yen continued Read More
The Dollar commences the new week and new month displaying a mixed performance. Following the pre-weekend surge, there have been additional gains; however, a consolidative tone has now taken hold. The greenback maintains its strength against the Canadian dollar, Norwegian krone, and Swiss franc. It is almost unchanged relative to the yen. Emerging market currencies Read More
The dollar maintained its strength on Monday as investors considered the implications of a Federal Reserve led by Kevin Warsh, particularly his inclination towards a reduced balance sheet. The yen has regained attention among traders, following remarks from Japanese Prime Minister Sanae Takaichi over the weekend, where she highlighted the advantages of a weaker yen Read More
