Foreign Exchange
Shigeru waning hawks push yen into further weakness
The incumbent Japanese Prime Minister managed to secure his seat despite the Liberal Democratic Party (LDP) fails to secure a majority in the Diet.
The Red wave is backing the dollar strength, 105.00 target exceeded. Bank Of England is expected to cut 25 bps
The Dollar Index (DXY) has exceeded our target of 105.10 in the Asia hours after Donald Trump is seen leading the Presidential race. The
Aussie strength to be muted in near term as RBA remain hawkish and uncertainty in the U.S Presidential elections
The Reserve Bank of Australia remain their interest rate at 4.35% and hinted that rates may stay longer than expected as Australia’s labour force
Dollar Index (DXY) reached 103.00 target as expected, drove by strong retail sales and ECB rate cuts
Stronger-than-expected US retail sales and a dovish ECB rate cut are driving the dollar's surge, which goes in tandem between the 2 largest central
Dollar index (DXY) broke above 102.00 resistance as expected, likely heading to 103.00 on the back drop of strong employment data. Yen may weakened in near-term
The US dollar maintained its strength as expected from our last report dated 16 Sep 24 as dollar remained well supported above the 100.00
Aussie Dollar continue to strengthen against major currencies as RBA kept its Hawkish stance
The Reserve Bank of Australia (RBA) maintain its interest rate at 4.35% as inflation despite inflation showing signs of progressive downward pressure. Rate is
Bearish pressure of the Dollar (DXY) remains but 102.00 resistance target remain achievable
The US dollar continues to consolidate between 100.50 to 101.98 region as the market is digesting between a 25bps or 50bps cut this coming
Non-farm Payroll may performed better than expected. Dollar may have a boost towards 102.00
The US dollar has rebounded as anticipated and is approaching our resistance level of 102.31. This recovery was supported by an oversold condition and
Powell’s commitment to rate cut in September weakens the US dollar, all other major currencies rose in strength, boosted by the weak dollar
The US dollar dip after Jerome Powell’s acknowledgement of a significant drop in inflation, bringing it closer to the Federal Reserve's 2% target. Labor
Dollar Index (DXY) regained strength after closing above 103.00 psychological level, along with the Aussie gaining back bullish sentiment
The US dollar regained control after rebounding at 102.00 and closing above 103.00 psychological level attributed to better-than-expected jobless claim data. However, sentiment remains
Dollar Index (DXY) declined after disappointing employment data, Fed cut in September is raised
The US Dollar declined after July's disappointing jobs report, leading to heightened expectations of a rate cut in September. The Federal Reserve has signaled
Japanese Yen outlook: Bank Of Japan Quantitative tightening and raising of interest rates proceeded as planned
BOJ rate hike and the reduction in Bond buying program came as expected. The 0.25% hike was the highest since 2008, which was a
