Kiwi and Aussie Rise on China’s Market Boost, Dollar Weakens Ahead of FOMC Minutes

Swiss Franc traded broadly lower in Asian session today, amidst a backdrop of general market inactivity with all other major pairs and crosses staying inside Monday’s range. Still, it remains to be seen whether the Franc’s sell-off could extend beyond last week’s lows, a downturn initiated by SNB’s unexpected rate cut. Meanwhile, Euro and Sterling […]

Euro continues to be under significant pressure due to increasing political uncertainty in France. President Emmanuel Macron’s call for a snap election has heightened fiscal consolidation risks, with Moody’s describing this development as “credit negative.” Investor confidence has further eroded following a poll suggesting the National Rally could significantly increase its seats in the upcoming […]

Dollar took a significant hit in early US session, following the release of weaker-than-expected consumer inflation data. A particularly notable point is that headline CPI remained flat for the month, a scenario not seen since November last year. Annual core CPI also continued its steady disinflationary trend. In response to this data, US stock futures […]