Topic: Market Insights
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Dollar softens further ahead ADP, initial claims
Dollar hit by weakening labor market. Euro recovers on soft US JOLTS. The BoC cuts rates third time in a row.
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More macro weakness
Dollar hit by weakening labor market. Euro recovers on soft US JOLTS. The BoC cuts rates third time in a row
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USD back at lows in Asia after JOLTS drop
USD/JPY leads losses in Asia. Cable approaching key resistance levels. Ringgit stable ahead of BNM decision.
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CAD steady ahead of BoC rate decision
Risk aversion ahead of job data. Pound weaker on global flows. Euro more fairly priced now.
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Worst day since August 5th
Risk aversion ahead of job data. Pound weaker on global flows. Euro more fairly priced now.
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Global FX Outlook for September 2024
A falling greenback across major currencies underscores a broader market sentiment shift. Download Convera’s FX outlook for September and stay ahead of the curve.