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Dollar Slides

January 24, 2025
Overview: The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies and nearly all of the emerging market currencies. While the market remains vulnerable to pronouncements from Washington, and next week's policy diver…
Dollar Slides Dollar Slides Reviewed by Marc Chandler on January 24, 2025 Rating: 5
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Foreign Exchange Market Becalmed (Momentarily?)

January 23, 2025
Overview:  After wild swings in recent days, there is a nervous calm in the foreign exchange market so far today. The US dollar is narrowly mixed against the G10 currencies and is +/- about 0.15%. The dollar bloc and Scandis are softer. Among emerging market currencies, central European currencies and the Mexican peso lead the advancers, while Asi…
Foreign Exchange Market Becalmed (Momentarily?) Foreign Exchange Market Becalmed (Momentarily?) Reviewed by Marc Chandler on January 23, 2025 Rating: 5
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US Dollar Extends Losses after North America Faded Yesterday's Tariff-Threat Induced Gains US Dollar Extends Losses after North America Faded Yesterday's Tariff-Threat Induced Gains Reviewed by Marc Chandler on January 22, 2025 Rating: 5
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Tariff Tuesday

January 21, 2025
Overview: The little emphasis on tariffs initially yesterday saw the US dollar pullback, the renewed threat of 25% tariffs on Canada and Mexico as of February 1 roiled the foreign exchange market and the dollar has come back bid. The Canadian dollar, among the G10, and the Mexican peso, among emerging market currencies have been the hardest hit, b…
Tariff Tuesday Tariff Tuesday Reviewed by Marc Chandler on January 21, 2025 Rating: 5
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Week Ahead: Book-Ended by Trump's Inauguration and the BOJ Rate Decision

January 18, 2025
There were four important macro developments to note in recent days. First, the recent string of US economic data was firmer than expected and GDP looks to have expanded close to 3% in Q4. With the help of guidance by Federal Reserve Waller, who is thought to be a possible successor to Chair Powell, played up the possibility of a cut in H1, and th…
Week Ahead: Book-Ended by Trump's Inauguration and the BOJ Rate Decision Week Ahead: Book-Ended by Trump's Inauguration and the BOJ Rate Decision Reviewed by Marc Chandler on January 18, 2025 Rating: 5
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Chinese Economy Grew 5% in 2024 (if You Believe it), UK Retail Sales Disappoint, and "Day One" Looms Chinese Economy Grew 5% in 2024 (if You Believe it), UK Retail Sales Disappoint, and "Day One" Looms Reviewed by Marc Chandler on January 17, 2025 Rating: 5
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Yen Jumps on Growing Confidence of a Hike Next Week, While Disappointing November GDP Pulls Sterling Lower Yen Jumps on Growing Confidence of a Hike Next Week, While Disappointing November GDP Pulls Sterling Lower Reviewed by Marc Chandler on January 16, 2025 Rating: 5
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