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  • Dollar pressure deepens amid global policy split

    The dollar’s sharp reversal yesterday has extended into overnight trading, pushing the Dollar Index to its lowest level since early October, as expectations of further Fed rate cuts contrast with other central banks signaling the end of easing cycles and even debating future tightening.

  • Global markets eye BOJ, Fed speak, key data

    The US dollar is starting the week slightly softer, led by losses against the Japanese yen after comments from Japan’s Chief Cabinet Secretary suggested monetary policy decisions should remain firmly with the Bank of Japan, reinforcing expectations that political influence will stay limited and allowing for a more hawkish BOJ stance ahead of Friday’s final […]

  • Dollar slide deepens

    The dollar extended its post-Fed slide in European trading, with the Dollar Index breaking below 98.50 for the first time since October as Fed Chair Powell’s cautious tone and clear divisions within the FOMC continued to weigh on sentiment, helping lift the Euro.

  • Markets on hold ahead of key data

    The dollar is modestly softer as markets await key US labor data, with mixed US small business signals, hawkish central bank messages from Australia and Japan, political uncertainty in Europe, and fresh comments from President Trump on rates and tariffs shaping the global macro backdrop.

  • Markets eye fed cut

    Global markets open the new day with the dollar little changed from Friday, as investors look ahead to an expected Fed rate cut on Wednesday, even as a broader shift in central bank thinking begins to take hold.

  • Dovish Fed chatter drives FX moves

    Asian trading briefly paused the recent wave of dollar selling, but Europe pushed the move further, driving the Dollar Index to a fresh five-week low after weak ADP payrolls, growing expectations of a December—and possibly January—Fed rate cut, and speculation around Kevin Hassett as the next Fed Chair.

  • Dollar sinks as Hassett odds surge

    The dollar index is sliding to its weakest level since late October as markets increasingly price in Kevin Hassett—now seen with roughly 85% odds—as the next Fed Chair following President Trump’s public signaling, a development expected to weigh on the dollar, steepen the curve, and support risk assets.

  • FX tone firms as macro tensions linger

    The dollar is firmer heading into the new day, extending its rebound from yesterday’s dip and reinforcing what appears to be a solid floor after several failed breaks in November.

  • Dollar stumbles into December start

    The dollar opened December on the back foot—especially against the yen—as USDJPY fell to a two-week low after BoJ Governor Ueda offered his strongest signal yet of a potential rate hike this month, pushing Japan’s two-year yield above 1% for the first time since 2008.

  • US holiday lull lifts Europe to center stage

    With the U.S. offline for Thanksgiving, global markets are taking their cues from Europe, where German consumer confidence improves slightly and euro-area sentiment indicators firm modestly alongside a steady uptick in money supply.

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