Topic: Market Insights
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Volatility remains subdued, but for how long?
The end of complacency? Pound appears vulnerable to a correction. Low FX cadence favours euro.
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Chinese yuan back at lows as PBoC cuts
PBoC cut hits APAC FX. USD can stage comeback despite housing market weakness. Taiwan dollar hits eight-year lows.
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Dollar remains soft on US politics turmoil
Biden out, Kamala in? $1.30 comes and goes. Euro in a holding phase.
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Greenback eases as Biden quits race
USD lower after Biden quits. China’s loan rate, BoC decision and US data in focus. Korean won eases despite strong export growth and tech demand.
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Trade tensions lead to volatile trading
The dichotomy between politics and monetary policy remains the central theme in FX – the so-called Trump trade versus Fed trade. The dollar has rebounded with safe haven demand amid rising geopolitical and trade tensions, despite weaker macro and Fed factors of late.