Results for $USD
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Japan's Tankan was Uninspiring and UK Disappoints with Contracting Economy in October Japan's Tankan was Uninspiring and UK Disappoints with Contracting Economy in October Reviewed by Marc Chandler on December 13, 2024 Rating: 5
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SNB Slashes Policy Rate in Half

December 12, 2024
Overview:  The US dollar is mostly softer today, but the tone is mostly one of consolidation. The Swiss National Bank surprised with a 50 bp cut and the franc is the only G10 currency that has not edged up against the greenback today. Australia reported a stronger than expected employment report. This boosted Australian yields and the Aussie, whic…
SNB Slashes Policy Rate in Half SNB Slashes Policy Rate in Half Reviewed by Marc Chandler on December 12, 2024 Rating: 5
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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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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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French Government on Precipice, Presses Euro Lower

December 02, 2024
Overview: The US dollar is beginning the new week and month on a firm note. It is rising against all the G10 currencies and nearly all the emerging market currencies. US-President-elect Trump's threat to BRICS if they abandon the dollar is symbolic than substantive, as we have argued, despite the occasional claim to the contrary, a BRICS curre…
French Government on Precipice, Presses Euro Lower French Government on Precipice, Presses Euro Lower Reviewed by Marc Chandler on December 02, 2024 Rating: 5
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