Currency futures eased on Monday as the dollar gained ahead of a meeting between Trump and Ukraine’s Zelensky. The high-stake meeting has increased demand for the safe-haven dollar and hurt risk appetite. Meanwhile, market participants are looking forward to key events this week, including the Jackson Hole symposium. Last week, the dollar collapsed while currency Read More…
Currency futures were mixed on Monday after having a strong week amid dollar weakness. The dollar fell last week as Fed rate cut expectations rose due to poor economic data and Trump’s Fed nominations. Meanwhile, market participants kept from making large moves on Monday as they awaited the crucial US consumer inflation report. Dollar Index Read More…
Currency futures held onto gains from the previous session on Monday despite a slight recovery in the dollar. Most ended Friday with gains after the US released a poor monthly employment report that led to a surge in Fed rate cut expectations. US jobs (Source: Bureau of Labor Statistics) The nonfarm payrolls report on Friday Read More…
Currency futures fell on Monday as the dollar rallied on optimism about the trade deals. The US signed yet another trade deal with the European Union over the weekend, easing concerns about a slowdown in the US economy. At the same time, market participants were preparing for the Fed policy meeting where Powell might keep Read More…
Currency futures gained on Monday as the dollar paused last week’s rally, with market participants weighing the outlook for Fed rate cuts. Even the yen gained after Sunday’s election, which led to a loss of majority seats in the Upper House for the ruling party. Last week, most currency futures eased as the dollar gained. Read More…
Currency futures remained subdued on Monday as Trump’s tariff threats rekindled trade concerns. At the same time, market participants remained cautious ahead of crucial US inflation figures that will shape the outlook for Fed rate cuts. The dollar gained most of last week after the US president announced higher tariffs on several countries. The move Read More…
