Tag Archives: Dollar
Week Ahead: Fed Mulls Policy as Inflation Softens
The latest U.S. Consumer Price Index (CPI) data reveals that inflation edged up by 2.4% year-over-year in September, narrowly surpassing forecasts but still reflecting a steady descent from its mid-2022 peak of 9.1%. -vtmarkets.com
Dollar Dips from Weak Jobs and Fed Rate Cuts
The U.S. dollar rally slows as traders bet on Fed rate cuts after weak jobless claims, while inflation concerns cloud the outlook. – vtmarkets.com
Dollar Surges as Fed Outlook Stays Cautious
The U.S. dollar hit a 10-week high, driven by strong economic data and cautious Fed expectations. – vtmarkets.com
USDCNH Steadies Against Yuan Weakness
The USDCNH pair remains steady as traders weigh China’s stimulus measures and the yuan’s drop, reflecting cautious market sentiment. – vtmarkets.com
Dollar Holds Near 7-Week High on Jobs Data
The dollar remains strong at seven-weeks high against major currencies, driven by robust job data, affecting market risk appetite. – vtmarkets.com
Dollar Pressures Soybean and Wheat Prices
Soybean and wheat prices continue to drop as the U.S. dollar strengthens, with forecasts of record U.S. crop supplies adding downside pressure. – vtmarkets.com
U.S. Labour Data Lifts Dollar & Asian Stocks
Strong U.S. labour market data pushed Asian equities higher. Traders are recalibrating rate-cut expectations after the unexpected payrolls surge. – vtmarkets.com
Week Ahead: Strong Jobs Data Fuels Fed Dilemma
For traders, this presents a challenging puzzle. A strong labour market often points towards inflationary pressures, which raises expectations that the Federal Reserve may lean towards more rate hikes. -vtmarkets.com
Yen Weakens as Policymakers Delay Rate Hikes
Japanese yen stabilises but faces pressure from cautious domestic policy and a stronger U.S. dollar. – vtmarkets.com
USDCNH on the Move Amid Beijing’s Stimulus
Beijing’s stimulus package is boosting Chinese stocks, but its effect on the yuan is under scrutiny as USDCNH continues its bullish momentum. Traders are closely watching the interplay between China’s economic recovery efforts and U.S. economic data for market direction. – vtmarkets.com
