Currency futures were mixed on Friday amid economic data from different countries and anticipation of Trump’s inauguration speech. Meanwhile, the greenback eased after downbeat economic data and slightly dovish Fed remarks. By Monday, they fell as the dollar rebounded ahead of Trump’s speech. The dollar ended the week lower, snapping its six-week winning streak as Read More…
Currency futures jumped on Monday as the dollar collapsed on news that Trump might only impose tariffs on critical goods. At the same time, the recent greenback rally paused as market participants awaited crucial employment data for clues on the Fed’s easing cycle. Dollar Index (Source: Bloomberg) The dollar fell almost 1% on Monday after Read More…
Most currency futures eased on Thursday as the dollar started the year strong. Earlier in the session, there was some relief as the dollar fell. However, it resumed last year’s rally when investors refocused on the looming US administration change. At the same time, the less dovish outlook for the Fed in 2025 helped support Read More…
Currency futures collapsed on Monday as the dollar regained momentum after a brief pause on Friday. The dollar’s rally last week came after a hawkish FOMC policy meeting. However, it paused on Friday as US inflation figures came in softer than expected, allowing currency futures to rebound. The Greenback had a bullish week amid upbeat Read More…
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…
