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Europe FXAbout EuropeFX Careers Contact EuropeFX Asia FX remains steady as traders await inflation data; yen vulnerability in focus May 14, 2024 by europefx Key Takeaways: ? Most Asian currencies stable, tracking steady dollar ? Japanese yen weak, potential government intervention ? Traders biased towards greenback, await U.S. interest rates cues ? USDJPY pair rising steadily, fears of government intervention sparking ?? Chinese yuan affected by property developer default ? Chinese economy pressured by property market slump ? Dollar … Read more Categories news Leave a comment Analysis of Dollar Movement and Inflation Data: Trends and Predictions May 13, 2024 by europefx Key Takeaways: ? Dollar Index traded 0.1% lower to 105.090 ? ?? GBP/USD gained 0.1% to 1.2531 ? ?? EUR/USD traded 0.1% higher to 1.0784 ? ?? Still uncertain on U.S. interest rate cuts after recent volatility ?? Mixed cues on Chinese inflation with USD/CNY rising to a two-week high ? The dollar has experienced … Read more Categories news Leave a comment Currency Markets Await U.S. Inflation Data Amid Global Market Highs May 13, 2024 by europefx Key Takeaways: ? Dollar consolidated against major peers as market awaits U.S. inflation data ? Expectations for rate reductions in U.S. increase after soft April payrolls report ? Markets currently predict 61.2% chance of rate cuts at Fed’s September meeting ⚖️ Fed officials have varied views on interest rates; inflation expectations complicate matters ? Recent … Read more Categories news Leave a comment Asia FX dips as dollar stabilizes ahead of inflation data May 13, 2024 by europefx Key Takeaways: ? Most Asian currencies showed minimal movement on Monday ?? Chinese inflation data impacted the yuan and other China-exposed currencies ? Producer price index inflation in China continued to decrease ? Data signals Beijing needs to do more to boost economic growth ⚔️ Trade tensions between the US and China may escalate further … Read more Categories news Leave a comment Examining the Impact of Consumer Sentiment Data on Dollar Movement and South Korea’s Economic Support Package May 12, 2024 by europefx Key Takeaways: ? The dollar strengthened slightly after a reading on consumer sentiment. ? Focus is turning towards key inflation readings next week, including the consumer price index (CPI) and producer price index (PPI), as well as retail sales data. ? Foreign exchange markets are responding to comments from Federal Reserve officials on monetary policy. … Read more Categories news Leave a comment Cuba’s Accusation: Online News Site Alleged US-Backed Plot to Sabotage Economy May 10, 2024 by europefx Key Takeaways ? Cuba accuses online news site El Toque of manipulating currency exchange rate ?? El Toque criticized by Cuban government for publishing high dollar exchange rate ? Peso currency in Cuba has lost nearly half its value against the dollar in 2024 ? U.S. State Department did not immediately respond to allegations ? … Read more Categories news Leave a comment Predicting Further Yen Weakness: Insights from BOA Securities Survey May 10, 2024 by europefx Key Takeaways ? Bank of America Securities predicts more Japanese yen weakness ? USD/JPY trading higher at ¥155.83 ? Yen has gained just under 2% this week ?? Japanese authorities spent $60 billion to pull yen away from 34-year-low ? Survey shows consistently bullish yen bias since mid-2022 ? Investors have flipped to largest JPY … Read more Categories news Leave a comment Dollar Index Stumbles as Sterling Surges on Positive Growth Data May 10, 2024 by europefx Key Takeaways: ? Dollar steadied after previous losses on weak jobs data ? Expectations for Federal Reserve interest rate cuts by September due to cooling labor market ? UK GDP expanded by 0.6% in Q1 2024, exiting recession ? Bank of England held interest rates at a 16-year high, with 2 committee members voting for … Read more Categories news Leave a comment Zimbabwe Cracks Down on Businesses Defying New Exchange Rate Regulations May 10, 2024 by europefx Key Takeaways ? Zimbabwe will fine businesses using inflated exchange rates ? Official exchange rate is 13.5 ZiG per U.S. dollar ? Fine of 200,000 ZiG ($14,815) for exceeding official rate ⚖️ Civil infringement for offering goods or services above official rate ? Some businesses charging a premium in new currency ? Informal traders rejecting … Read more Categories news Leave a comment Asia FX Dips as US Inflation Looms and China Tariff Concerns Linger May 10, 2024 by europefx Key Takeaways: ? Most Asian currencies remained stable as focus shifts to key U.S. inflation data next week ?? Chinese yuan weakened amid reports of potential U.S. tariffs on Beijing ? USDJPY pair rose amidst ongoing intervention concerns ?️ China might face fresh sanctions impacting certain industries ? Dollar fell due to larger-than-expected increase in … Read more Categories news Leave a comment Older posts Page 1 Page 2 … Page 36 Next → Home Contact Us Use Agreement Privacy Policy © 2024 Europe FX • Built with...