Category: Market Analysis

Market Watch: U.S. Dollar Exhibits Softness, Yen Surge The US dollar remains relatively steady against the G10 currencies but shows some softness. Remarks by Bank of Japan Governor Ueda emphasized the importance of this month’s meeting, propelling the yen to its highest level since January 6. Meanwhile, UK consumer prices came in weaker than anticipated,… Continue reading Market Watch: U.S. Dollar Exhibits Softness, Yen Surge

Market Watch: Dollar Softens, Equities Rebound & Yields Steady The dollar softened against most G10 and emerging market currencies, indicating a corrective phase following initial gains in North American trading. With a flurry of news already absorbed, markets are eyeing October for the next Fed rate cut, amidst the release of US PPI and CPI… Continue reading Market Watch: Dollar Softens, Equities Rebound & Yields Steady

Market Watch: Market Reactions Ahead of Employment Report The US dollar is exhibiting mixed consolidation today as markets await the upcoming employment report. Recent statements from Federal Reserve officials suggest that a rate cut this month is unlikely, with the bar set very high. Next month’s employment report will include the annual benchmark revisions, which… Continue reading Market Watch: Market Reactions Ahead of Employment Report

Market Watch: Yen Gains, Pound Pressured The US dollar is generally stronger today, but the yen is resisting this trend, boosted by strong wage data and a softer 10-year US Treasury yield, rising nearly 0.2%. In contrast, the British pound is under pressure, hitting a new low for the year near $1.2240, weighed down by… Continue reading Market Watch: Yen Gains, Pound Pressured

Market Watch: Job Data & FOMC Minutes The US dollar is showing strength today, buoyed by a constructive sentiment and stronger-than-expected data from the JOLTS and ISM reports. These developments align with the narrative of American exceptionalism. Meanwhile, the new US administration’s disruptive policies are making waves. Controversially, the administration has not ruled out military… Continue reading Market Watch: Job Data & FOMC Minutes

Market Watch: Tariff Application, U.S. Dollar Pullback The foreign exchange market continues to show corrective movements today, following recent volatility sparked by the US President-elect’s rebuttal of a narrowed tariff application. Antipodean currencies, which had been under pressure last year, are gaining strength alongside most G10 currencies, staying within yesterday’s range. However, the yen and… Continue reading Market Watch: Tariff Application, U.S. Dollar Pullback

Market Watch: Global Markets Show Mixed Reactions The US dollar, which rallied last week, has pulled back today but remains mostly within the range set last Thursday and Friday. The Japanese yen is an outlier among the G10 currencies, weakening against the dollar despite the Bank of Japan Governor Ueda’s commitment to raising rates if… Continue reading Market Watch: Global Markets Show Mixed Reactions