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KEY TAKEAWAYS: ● Markets expect another 25 basis point cut in October as growth and inflation have shown further signs of cooling in the Eurozone.● Very limited forward guidance expected as...
DXY is testing key resistance amid strong economic data and geopolitical tensions. Fed remains cautious on more rate cuts, with upcoming retail sales data possibly swaying sentiment. Meanwhile,...
USD: Range-bound Casting around the globe to identify key FX drivers, we note the following: Saturday's China fiscal stimulus measures lack detail, oil is steady as markets await Israel's...
The big drop in Chinese markets we have seen over the past two sessions has kept the pressure on commodity dollars, although European majors EUR/USD and GBP/USD have been largely unaffected, with the...
USD After a quiet Tuesday session, there are two stories front of mind this morning. The first is Hurricane Milton, which is barrelling towards Florida, and due to make landfall this afternoon. Our...
USD: Awaiting the Fed minutes The dollar is staying relatively bid as the market digests the factors that have driven it 2% higher this month. These have largely been the intensifying conflict in...
Another record jobs day, with a stronger USD, now opens the next week for further downside for EURUSD. Gold and the global markets show some hesitation- is a correction on the horizon? Bitcoin...
The EUR/USD pair struggles near 1.1050 amid upbeat US data and declining inflation in Europe. Traders brace for volatility ahead of crucial US employment data impacting rate expectations. A...
Headline inflation in the eurozone cooled to 1.8% in September, a sharp drop from the 2.2% recorded in August. More to the point, this leaves price growth across the bloc tracking below the ECB’s...
The EUR/USD bounced off the resistance at 1.12 amid softening Eurozone inflation data. Investors anticipate a pivotal US labor market report that could influence future direction. A breakout from...
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