Market News
The latest news impacting economies, business, and finance around the world, specifically curated to focus on currency markets.
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Latest Analysis
Latest Analysis
Rising Unemployment Hits Both US and Canadian Dollars
06 December, 2024
The US job creation engine came back to life in November after October’s strike- and hurricane-related slowdown, but the rebound likely wasn’t strong enough to derail the Federal Reserve’s easing plans....
US jobs report in focus
05 December, 2024
• Marking time. Markets essentially in a holding pattern ahead of tonight’s US jobs report. Easing French political concerns support EUR.• US jobs. Non-farm payrolls in focus. Reaction likely to...
Subpar growth weighs on the AUD
04 December, 2024
• Positive vibes. Equities power ahead. USD treads water. AUD underperforms. US data solid but not spectacular overnight.• AUD tumbles. Weaker than expected GDP weighs on AUD. Growth has slowed across...
Markets Steady After South Korean Shock
04 December, 2024
The dollar is pushing higher, Treasury yields are steadying, and equity futures are advancing as the French government moves closer to collapse and Federal Reserve chair Jerome Powell prepares to deliver...
AUD: Temporary GDP hammer blow?
04 December, 2024
The now dated Q3 Australian GDP has exerted downward pressure on the AUD (now ~$0.6415) with the already sluggish underlying growth picture undershooting analysts forecasts. This won’t surprise businesses...
Markets calm despite political turbulence
03 December, 2024
• Political news. Political developments in South Korea & ongoing issues in France dominated the international news flow the past 24hrs.• Calm markets. However, market spillovers were limited. European...
Dollar Rally Eases on Waller Comments, Euro Remains Under Pressure
03 December, 2024
The dollar is trading with a softer bias this morning after Federal Reserve Governor Waller suggested that he would support cutting rates at the central bank’s next meeting, helping put pressure on the...
French politics rattles FX markets
02 December, 2024
• Mixed markets. Equities push higher while French political issues weighed on the EUR. This supported the USD. AUD & NZD lost ground.• US data. ISM manufacturing better than expected. US job openings...
Dollar Rallies Back, Euro Tumbles
02 December, 2024
The ‘US exceptionalism’ theme is back to driving markets this morning, helping the dollar snap a three-day losing streak against most of its rivals. The euro is coming under pressure as the French government...
US jobs in the spotlight this week
01 December, 2024
• Positive tone. A solid end to November with US & European equities rising. Bond yields dipped. AUD & NZD edged a bit higher.• JPY revival. JPY rebound has weighed on USD/JPY & the USD. Narrowing...