Week Ahead: Will Renewed Speculation of Fed Cut Next Month Cap the Greenback? north All of the G10 currencies weakened against the dollar last week, and six fell by more than 1%. With the help of an explicit threat to intervene by Japan's Ministry of Finance, the yen bounced almost 0.7% before the weekend and lifted off the 10-month low. The Swiss franc was the weakest of the [...]
Risk-Off Friday north Overview: The sharp fall in global equities after the stunning reversal in the US yesterday is the main development today. The largest markets in the Asia Pacific region fell more than 2% today. Europe's Stoxx 600 is off more than 1%. It is selling off for the sixth session in the past seven. [...]
Budget 2025: Seizing the opportunity of digital assets north With the UK Chancellor set to deliver the 2025 Budget, the government faces a defining moment: Beyond the headlines about tax and spending, this Budget carries wider significance for Britain’s long-term competitiveness.
Euro Stabilizes above $1.15, while the Yen Remains Vulnerable north Overview: The US dollar is little changed against most of the G10 currencies as the North American session is about to get underway. There were some follow-through greenback gains after yesterday's advance but limited. The dollar's rally against the yen continued. It reached almost JPY157.80 [...]
The Japanese Yen Continues to Fall north Overview: The US dollar is firmer today. It has reached a new ten-month high against the yen, a little above JPY156 and the euro saw a five-day low near $1.1565. Emerging market currencies are mixed. The PBOC set the dollar's reference rate at a new high for the month. The news stream is [...]