Results for ECB
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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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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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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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Markets do Cartwheels in Response to Traditional Pick for US Treasury Secretary Markets do Cartwheels in Response to Traditional Pick for US Treasury Secretary Reviewed by Marc Chandler on November 25, 2024 Rating: 5
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US Job Report may Offer Little Relief ahead of Next Week's US Election and Meetings by Half of the G10 Central Banks

November 01, 2024
Overview: The first of what promises to be two tumultuous weeks is winding down. The US jobs data is the last big event. It is widely recognized that it will be skewed to the downside because of hurricanes and some mostly temporary factors. Anticipating the market’s reaction is also complicated by the weekend, and reports that Iran may strike back…
US Job Report may Offer Little Relief ahead of Next Week's US Election and Meetings by Half of the G10 Central Banks US Job Report may Offer Little Relief ahead of Next Week's US Election and Meetings by Half of the G10 Central Banks Reviewed by Marc Chandler on November 01, 2024 Rating: 5
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FX Becalmed Ahead of the Weekend and Next Week's Big Events

October 25, 2024
Overview: The dollar is trading quietly, with a slightly firmer today. There has been little follow-through selling after yesterday's setback. The Canadian dollar and sterling are faring best. The yen is a little softer after Tokyo's CPI came in lower as expected due to the government's energy subsidy. The election for the lower house …
FX Becalmed Ahead of the Weekend and Next Week's Big Events FX Becalmed Ahead of the Weekend and Next Week's Big Events Reviewed by Marc Chandler on October 25, 2024 Rating: 5
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The Dollar and Gold Firm

October 21, 2024
Overview: The US dollar is firm to start the new week. The Japanese yen and Australian dollar are the heaviest with in the G10 (~0.30%). The euro and sterling are trading heavier but inside the pre-weekend range. The market anticipates the Bank of Canada to deliver a 50 bp rate cut in the middle of the week, and the Canadian dollar is threatening …
The Dollar and Gold Firm The Dollar and Gold Firm Reviewed by Marc Chandler on October 21, 2024 Rating: 5
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