Forex

99% rate cut odds in election week?

With both the election and an upcoming Fed meeting in focus, markets could face a surge in volatility this week. According to the CME Group’s FedWatch Tool, traders are placing a 99% probability on a quarter-point rate cut at the...

Dollar hit early on US election volatility | FX Research

Momentum has swung back towards Harris over the weekend and this is having a clear impact on the dollar-bullish Trump trade. Inflation data is pointing up, and ECB speak has been decidedly less dovish. The US dollar has sold off...

RBA Holds, BoE Expected to Cut in Volatile Week

Two major central bank decisions this week join the U.S. election as key events for markets, with interest rate reductions from the Reserve Bank of Australia and the Bank of England being considered....

Trump or Harris? Markets Awaits Outcome

This week, the U.S. presidential election will command everyone's attention. Market watchers will be focused on a handful of pivotal swing states, including Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. Pennsylvania is potentially the most critical....

Renewed demand for the Euro | FX Research

Most of what we've been seeing in recent sessions has been Euro-supportive. Economic data out of the zone has been on the better side of expectations. Inflation data is pointing up, and ECB speak has been decidedly less dovish....

NFP Data: Can it Sway Election?

Just days before the U.S. heads to the polls, the last employment report before Election Day will offer a snapshot of hiring and unemployment, key factors in a race where the economy remains top of mind for voters....

Dollar won’t go down without a fight | FX Research

Currencies were attempting to run higher against the dollar earlier today. Before giving back many of those gains as the North American market opened, the euro had benefited early on from a run of mostly supportive economic data and higher...

HSBC & JPM: No Bullish Outlook for EUR/USD?

HSBC foresees a brief rally in EUR/USD should Kamala Harris secure the U.S. presidency. However, the bank expects the rally to be a temporary knee-jerk reaction, with the pair resuming a downward trajectory....

Traditional markets quiet, bitcoin making moves | FX Research

It’s been fairly quiet out there in the world of traditional markets. Currencies are sideways, stocks are steady, and commodities have been consolidating. We mention traditional markets because cryptocurrencies have been running hot, with Bitcoin pushing back towards its record...
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