Forex

Trump Trade & Japan politics push USDJPY higher

Japan's ruling coalition losing its parliamentary majority in weekend elections is currently weighing on the Japanese yen. Adding momentum to the dollar's strength, long-term U.S. Treasury yields continued their surge, despite the Federal Reserve’s recent 50-basis-point rate cut....

US Dollar retains US election risk bid | FX Research

The market seems to be reacting to the latest ABC News and Washington Post national election poll, which shows Kamala Harris extending her lead over Donald Trump....

XAU/USD: Final NFP before Election

Americans continue to rank the economy as their top issue, and the final Non-Farm Payrolls (NFP) report before voting day, offers a crucial signal this coming Friday....

Euro and Yen weakness stands out | FX Research

We continue to see broad-based demand for the US dollar, though it's clear that most of the dollar strength of late has been against the Euro and the Yen. A new report has been making headlines, discussing a growing group...

Election 2024: Bitcoin to $80k?

The cryptocurrency market is turning downwards, in tandem with the broader stock market. This decline might be dashing hopes of BTC/USD breaking the $70,000 threshold....

Gold, Bitcoin Poised for US Election Gains?

On November 5, approximately 250 million Americans are expected to vote in the presidential election. The outcome, though, may not be immediately clear. The official result could take anywhere from a few hours to several weeks, depending on the margin...

USD/JPY: Japan’s Snap Election Opportunities

Japan is holding a snap election this Sunday, triggered by a scandal within the ruling Liberal Democratic Party (LDP), despite a general election not being due until late 2025....

BRICS Summit 2024: Big Promises, Little Impact?

Russia will host the BRICS summit in Kazan from October 22-24, where President Vladimir Putin will push for a new SWIFT-like payment system to challenge US dollar dominance....

USD/CAD: What to Expect from BoC Next Week?

Canada’s central bank is set to announce its next rate decision on Oct. 23, with Canadian banks largely anticipating a 50-basis-point cut. A similar reduction is also expected at the BoC's final meeting of the year on Dec. 11....
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