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Dovish Hold Sends the Aussie Lower

December 10, 2024
Overview: The US dollar is little changed against most of the G10 currencies today. The antipodean currencies are the main exception. A modest change in tone from the Reserve Bank of Australia, boosting the chances of a rate cut early next year sent the Australian dollar back toward yesterday's lows, and the New Zealand dollar fell in sympathy…
Dovish Hold Sends the Aussie Lower Dovish Hold Sends the Aussie Lower Reviewed by Marc Chandler on December 10, 2024 Rating: 5
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US Dollar is Offered and China's Politburo Promises more Monetary and Fiscal Support US Dollar is Offered and China's Politburo Promises more Monetary and Fiscal Support Reviewed by Marc Chandler on December 09, 2024 Rating: 5
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Week Ahead: 4 G10 Central Banks Meet, Three to Cut, Brazil to Hike 75 bp and US CPI may hold Key to FOMC Week Ahead: 4 G10 Central Banks Meet, Three to Cut, Brazil to Hike 75 bp and US CPI may hold Key to FOMC Reviewed by Marc Chandler on December 07, 2024 Rating: 5
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Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month?

December 06, 2024
Overview: There are two broad developments in the G10 currencies ahead of the US jobs report. The euro, Swiss franc, sterling, Swedish krona, and the Canadian dollar are in tight ranges with a heavier bias. The others are off a 0.3%-0.7%. There have been various distortions, like storms and industrial action, which exaggerated the weakness of the …
Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month? Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month? Reviewed by Marc Chandler on December 06, 2024 Rating: 5
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Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month Reviewed by Marc Chandler on December 05, 2024 Rating: 5
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Busy Wednesday: French Confidence Vote, Fed's Powell Speaks, ADP Jobs Estimate, and Beige Book Busy Wednesday: French Confidence Vote, Fed's Powell Speaks, ADP Jobs Estimate, and Beige Book Reviewed by Marc Chandler on December 04, 2024 Rating: 5
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US-China Exchange Export Restrictions, Yuan is Sold to New Lows for the Year, while the Greenback Extends Waller's Inspired Losses

December 03, 2024
Overview: The US dollar has extended the losses scored late yesterday when Federal Reserve Governor Waller indicated he was still leaning toward a December rate cut. The odds of a rate cut rose to around 76% from about 66% at the end of last week. The odds are slightly lower today, around 72%. A solid jobs report on Friday and another uptick in CP…
US-China Exchange Export Restrictions, Yuan is Sold to New Lows for the Year, while the Greenback Extends Waller's Inspired Losses US-China Exchange Export Restrictions, Yuan is Sold to New Lows for the Year, while the Greenback Extends Waller's Inspired Losses Reviewed by Marc Chandler on December 03, 2024 Rating: 5
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