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
The U.S. dollar hit a 10-week high, driven by strong economic data and cautious Fed expectations. – vtmarkets.com
The USDCNH pair remains steady as traders weigh China’s stimulus measures and the yuan’s drop, reflecting cautious market sentiment. – vtmarkets.com
The dollar remains strong at seven-weeks high against major currencies, driven by robust job data, affecting market risk appetite. – vtmarkets.com
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
Strong U.S. labour market data pushed Asian equities higher. Traders are recalibrating rate-cut expectations after the unexpected payrolls surge. – vtmarkets.com
Japanese yen stabilises but faces pressure from cautious domestic policy and a stronger U.S. dollar. – vtmarkets.com
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. …
The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside …
Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate …
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