Results for $CNY
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Consolidation Featured, but the Yen and Mexican Peso are Under Pressure, While PBOC Fixed the Dollar Lower Consolidation Featured, but the Yen and Mexican Peso are Under Pressure, While PBOC Fixed the Dollar Lower Reviewed by Marc Chandler on September 20, 2024 Rating: 5
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Little Discussion about the US Budget Deficit in the Debate, But Falling Yields Drag the Greenback Lower Little Discussion about the US Budget Deficit in the Debate, But Falling Yields Drag the Greenback Lower Reviewed by Marc Chandler on September 11, 2024 Rating: 5
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Greenback Consolidates Last Week's Surge

March 25, 2024
Overview: After surging at the end of last week, the dollar is consolidating today. Stepped up verbal intervention by Japan's currency chief Kanda and a slightly weaker dollar fix by the PBOC seemed to take the wind from the dollar sails. Except for the Swiss franc and Swedish krona, the G10 currencies are showing a slightly firmer tone. Emerg…
Greenback Consolidates Last Week's Surge Greenback Consolidates Last Week's Surge Reviewed by Marc Chandler on March 25, 2024 Rating: 5
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Key Chart Points Hold and the Dollar's Rally Stalls Ahead of the Weekend

May 19, 2023
Overview: Hawkish comments from Fed officials and the first decline in continuing unemployment claims below 1.8 mln in two months boosted US rates and the odds of a June rate hike rose to about 37%. This represents a near tripling of the probability in the past week. It has been a trend with the odds rising in 9 of the past 11 sessions. The two-ye…
Key Chart Points Hold and the Dollar's Rally Stalls Ahead of the Weekend Key Chart Points Hold and the Dollar's Rally Stalls Ahead of the Weekend Reviewed by Marc Chandler on May 19, 2023 Rating: 5
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Hawkish ECB Comments Boost Risk of a 50 bp Hike Next Month

April 14, 2023
Overview: The 0.5% decline in US March producer prices pushed on the door opened by the softer-than-expected CPI on Wednesday. The Fed funds futures market sees the year end rate to a 4.33%, while still pricing in a nearly 70% chance of a hike on May 3 to 5.25%. The dollar tumbled to new lows for the year against the euro, sterling, and Swiss fran…
Hawkish ECB Comments Boost Risk of a 50 bp Hike Next Month Hawkish ECB Comments Boost Risk of a 50 bp Hike Next Month Reviewed by Marc Chandler on April 14, 2023 Rating: 5
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Dramatic Swing in Sentiment Extends the Greenback's Rally

February 17, 2023
Overview:  A series of strong US high-frequency data points after a poor finish to last year has spurred a dramatic shift in market expectations. And talk among a couple of (non-voting) FOMC members of a 50 bp hike has provided added fodder. The greenback is extending its recovery today against all the major currencies, with the Australian and New…
Dramatic Swing in Sentiment Extends the Greenback's Rally Dramatic Swing in Sentiment Extends the Greenback's Rally Reviewed by Marc Chandler on February 17, 2023 Rating: 5
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US CPI Featured and Why the Fed may Still Hike by 50 bp

January 07, 2023
The most important economic report in the week ahead is the US December Consumer Price Index on January 12. To be sure, the Federal Reserve targets an alternative measure, the deflator of personal consumption expenditures. However, in this cycle, when households, businesses, investors, and policymakers are particularly sensitive to inflation, CPI,…
US CPI Featured and Why the Fed may Still Hike by 50 bp US CPI Featured and Why the Fed may Still Hike by 50 bp Reviewed by Marc Chandler on January 07, 2023 Rating: 5
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USD Stretched Ahead of Employment Report, while Yuan Jumps on Hopes of New Property Initiatives USD Stretched Ahead of Employment Report, while Yuan Jumps on Hopes of New Property Initiatives Reviewed by Marc Chandler on January 06, 2023 Rating: 5
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