王者走了又回来

The Dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar – as would only a 25bp rate cut from the Bank of Canada. This is because a 50bp rate cut is widely expected from the BoC and a more conservative 25bp cut

The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is largely attributed to ongoing uncertainty regarding the timing of the next interest rate hike by the Bank of Japan (BoJ). The market remains split on whether the BoJ will implement a rate incr

If anyone thought that political risk would settle down in the final weeks of 2024, they were wrong. It has been a strange 24 hours in South Korea. Firstly, to avoid impeachment from the opposition, the president of South Korea declared martial law. After a tussle with special forces, Korean MPs ent

On the radar In Serbia, 3Q24 GDP growth was confirmed at 3.1% y/y. In Romania, producer prices declined by -3.3% y/y in October In Hungary, final 3Q24 GDP growth was confirmed at -0.8% y/y (not seasonally adjusted) and -0.7% y/y (seasonally adjusted). No other releases are scheduled for today. Econo

Alright, so we all know trading is about finding your groove. Some of us love the action on the 5-min chart, while others chill with weekly charts. Let's talk about the longer-term stuff, you know, the slow-burn approach. Why Go Long-Term? Less Screen Time: You’re not glued to the charts all day. Ch

The Greenback faced strong and sudden downward pressure, retreating to multi-day lows due to lower US yields and investors’ adjustments to month-end flows. Here is what you need to know on Thursday, November 28: The US Dollar Index (DXY) sold off to multi-day lows, breaking below the 106.00 support

Bank of England (BoE) Deputy Governor Clare Lombardelli said on Tuesday that she needs to see more evidence of cooling price pressures before she backs another interest rate reduction, per Bloomberg. Key quotes It depends on what we see in the data. For me, gradual means we will need to see more evi

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The election of Donald Trump as President of the United States has raised fears that protectionist measures will be stepped up. Customs duties would be applied to all products from all of the United States’ trading partners. In addition to China, the main country targeted, concerns about the macroec