Topic: Currency News
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Markets cheer Bessent appointment
Dollar’s rally cools after US Treasury Secretary pick. Euro’s downward trajectory is poised to continue. Slowing UK economy to weigh on pound.
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Dollar eases on US Treasury Secretary pick
Dollar dips after Bessent nomination by Trump. Economic data calendar drives markets this week. Singapore inflation dips; SGD ranges.
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Weak PMIs raise European recession bets
Safe haven injection boost for dollar. Pound sinks further after retail sales miss. Euro breaks below key support.
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Pound and euro break below key support levels
Safe haven injection boost for dollar. Pound sinks further after retail sales miss. Euro breaks below key support.
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Haven flows dominate as JPY outperforms
Safe-haven assets shine brightly, with DXY index at YTD highs. Kiwi at risk as RBNZ looms. Momentum divergence signals consolidation phase.
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Haven demand gathers pace
Risk on, risk off; geopolitics in focus. Testing the $1.05 handle. Pound erases inflation gains.
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