The US dollar is exhibiting a somewhat weaker stance against the G10 currencies today. The yen stands out as it is currently trading at a seven-day low against the greenback. The Scandinavian currencies and the Australian dollar are performing the strongest. The Reserve Bank of Australia maintained a firm stance. Governor Bullock’s remarks prompted the Read More
The US dollar is primarily stabilizing in low-volume trading against the G10 currencies as the new week begins, with expectations mounting for the Federal Reserve to implement a third interest rate cut. The Reserve Bank of Australia convenes tomorrow, and there is anticipation that it may indicate its forthcoming decision is an increase. The Bank Read More
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 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 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 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 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
The US dollar is predominantly exhibiting a narrow mix against the G10 currencies. The Japanese yen stands out as the significant exception. The major currencies are influenced by a gain of approximately 0.35%, while the dollar has declined to a four-day low close to JPY156, following a peak last week just below JPY158. The dollar-bloc Read More
The reevaluation of the perspective for the upcoming FOMC meeting, prompted by remarks from the NY Fed president prior to the weekend, has persisted today; however, the effect on the dollar remains ambiguous. The greenback shows a mixed performance, as European currencies generally outperform the dollar bloc and the Japanese yen. Overall, a broadly consolidative Read More
