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The Dollar Remains Soft Ahead of the Employment Report

June 07, 2024
Overview: The dollar is little changed against the major currencies ahead of the US jobs report. It has been trading heavier than we expected given that two more G10 central banks cut interest rates ahead of the Federal Reserve. Next week is its meeting and the market-sensitive CPI. US rates have fallen, and as we note below, the US two-year premi…
The Dollar Remains Soft Ahead of the Employment Report The Dollar Remains Soft Ahead of the Employment Report Reviewed by Marc Chandler on June 07, 2024 Rating: 5
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The Euro Remains Firm Ahead of the First Time the ECB will Cut Rates Before the Federal Reserve The Euro Remains Firm Ahead of the First Time the ECB will Cut Rates Before the Federal Reserve Reviewed by Marc Chandler on June 06, 2024 Rating: 5
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Yen Unwinds Yesterday's Gains, while the Mexican Peso and Indian Rupee Stabilize Yen Unwinds Yesterday's Gains, while the Mexican Peso and Indian Rupee Stabilize Reviewed by Marc Chandler on June 05, 2024 Rating: 5
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Dollar Recovers from Yesterday's Slide, but Slumps Against the Yen

June 04, 2024
Overview: The dollar's losses scored after yesterday's disappointing ISM manufacturing report were extended initially in Asia Pacific turnover earlier today before it recovered. The recovery has stretched the intraday momentum indicators, warning against expected strong follow-through dollar buying in North America, without fresh impetus. …
Dollar Recovers from Yesterday's Slide, but Slumps Against the Yen Dollar Recovers from Yesterday's Slide, but Slumps Against the Yen Reviewed by Marc Chandler on June 04, 2024 Rating: 5
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Election Results Lift India But Weigh on Mexico

June 03, 2024
Overview: The dollar has returned from the weekend with a better bid tone. It is firmer against all the G10 currencies but the yen, Swiss franc, and Swedish krona, which are marginally firmer. The market seems reluctant to extend the euro or Canadian dollar upticks ahead of the central bank meetings this week, though, ironically, sterling's 0.…
Election Results Lift India But Weigh on Mexico Election Results Lift India But Weigh on Mexico Reviewed by Marc Chandler on June 03, 2024 Rating: 5
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June 2024 Monthly

June 01, 2024
There are two forces that shape the investment climate: politics and economics, and they are both at the fore in the coming weeks.Among the highlights will be the European Central Bank meeting that will mostly likely begin its easing cycle. The Bank of Canada is a close call. If it does not cut rates in June, it will probably do so in July. The Sw…
June 2024 Monthly June 2024 Monthly Reviewed by Marc Chandler on June 01, 2024 Rating: 5
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