UK Jobs report, India CPI in Focus today FX Update The euro slipped to a 4.5-month low against the U.S. dollar on concerns over potential U.S. tariffs impacting the euro zone economy. Meanwhile, the greenback neared post-election highs as markets focused on data, Fed speakers, and awaited clarity on U.S.
U.S. CPI takes the spotlight as markets weigh Trump’s election win. Key U.S. inflation and retail sales data will take center stage this week Key U.S. inflation and retail sales data will take center stage this week as markets assess the impact of Donald Trump’s presidential win. In Asia, Chinese
Major Economic Data and Event scheduled today (Bank of Canada Labor report in Focus today) FX Update The dollar paused its upwards move Thursday after Federal Reserve Chair Jerome Powell failed to offer any strong clues that the U.S. central bank was likely to pause rate cuts in the near-term,
BOE, Fed policies set to shape the market after Trump Victory The Indian rupee sank to a record low of 84.28 on Wednesday, dropping 0.2%—its worst single-day fall in over four months—amid a surge in the dollar and U.S. bond yields following Donald Trump’s projected victory in the U.S. presidential
US election polls will keep volatility high today. FX Update The dollar index jumped above 104 mark again, up 0.72% in Early Asian Trade today, as first polls close in US presidential race. Yesterday, the U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results
Spotlight – US Presidential Election and jitters is expect to hold volatility today FX Update The dollar slid below 103.80 on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates
This week the focus will lie on the US Presidential Election, policy announcements on Fed, BoE, RBA, and US ISM Services PMI data will also be key. Major data and Events scheduled this week Tuesday US Presidential Election On Tuesday, November 5th, Americans vote in a closely contested presidential election
Today’s Focus : US GDP, ADP NFP & UK Budget Stir Volatility FX Update The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against most major currencies as traders bided their time ahead of next week’s U.S. election and a slew of
Economic Data Alert FX Update The yen sank to a 3-month low on Monday as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections would slow interest rate rises, while the U.S. dollar headed for its biggest monthly gain since April 2022. China’s yuan
This week brings significant event risks, highlighted by Japan’s election aftermath, the Bank of Japan policy meeting, the U.S. October jobs report, and the UK budget, all in the lead-up to the Nov. 5 U.S. election. Important Data and Events for this week – Japan Elections, BOJ Rates and more
