Currency futures eased as the dollar extended gains after a strong week due to a drop in 2025 Fed rate cut expectations. Meanwhile, markets nearly fully priced a rate cut during the Fed policy meeting this week as inflation figures accelerated in line with expectations. December Fed rate cut bets (Source: Bloomberg) The greenback had Read More…
Currency futures eased on Friday as the dollar rose after a mixed nonfarm payrolls report. At the same time, a US consumer sentiment report revealed higher expectations for inflation, boosting the dollar. However, the trend slowly reversed on Monday as the focus shifted from employment to the upcoming US consumer inflation figures. Data on Friday Read More…
Currency futures extended Friday’s move when the dollar ended the week down amid the US Thanksgiving holiday. At the same time, the greenback was weak as market participants geared up for key US economic reports. The dollar had a bearish week as market focus shifted from Trump’s win to the looming Fed policy meeting. However, Read More…
Currency futures held steady on Monday as the dollar traded near a one-year high. Most currencies ended last week down, as the dollar gained over 1.6% on the Trump trade. Meanwhile, mixed US data had little impact on market sentiment. Currency futures had a rough week as markets continued to price the impacts of Trump’s Read More…
Currency futures extended declines as the dollar ended another week with gains due to upbeat data and increased bets for a Trump win. At the same time, downbeat economic data from countries like Japan and Canada weakened their currencies. The greenback had another strong week as economic data showed a resilient economy. Last week, data Read More…
Currency futures ended nearly flat on Friday as the dollar paused after a set of mixed data barely changed the outlook for Fed rate cuts. Although consumer inflation jumped, producer prices missed forecasts. The dollar ralied last week before pausing on Friday. The rally came after consumer inflation figures beat forecasts. The CPI increased by Read More…
