Topic: Daily Market Updates
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USD/CNH nears six-month highs as bond yields rebound
USD index at two-week highs. Bond yields bounce back. Thai manufacturing headwind for THB.
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DXY extends recovery with fading Fed rate-cut bets
Dollar poised for worst month of 2024.Pound extends gains as Labour majority eyed. ECB’s Knot hints at four cuts in 2024. CAD weakens as it awaits a new catalyst.
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Dollar up a second day, Fed’s Kashkari hints of a rate hike
Dollar poised for worst month of 2024.Pound extends gains as Labour majority eyed. ECB’s Knot hints at four cuts in 2024.
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Aussie near highs ahead of CPI at 11.30am AEST
US bond yields at highs as Fed worries persist. Australian CPI key for RBA’s next move. Euro lower as inflation expectations fall.
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Dollar retreats as UK and US reopens after holidays
Dollar drifts lower ahead of inflation data. Sterling at multi-month highs. Euro rebounds after first weekly loss in six.
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Pro-cyclical currencies pounce amid upbeat risk tone
Dollar drifts lower ahead of inflation data. Sterling at multi-month highs. Euro rebounds after first weekly loss in six.