Introduction to the Current State of the US Dollar The US Dollar seems to be losing its vigour right before the much-anticipated release of the US PCE Price Index. Factors such as a somewhat hawkish stance by BoJ Governor Kazuo Ueda and unexpectedly strong Eurozone GDP figures are exerting downward pressure on the USD. Meanwhile,U.S. Dollar Declines for the Fourth Consecutive Day as Markets Focus on PCE Inflation Report
What’s Happening Here? The Australian and New Zealand dollars have taken a tumble. It seems weak economic data from China and tepid stimulus measures are ruffling the feathers of currency markets. Historically, these two currencies often reflect the state of the Chinese yuan due to their close economic connections. Signs of a Slump The AustralianAustralian and New Zealand Currencies Weaken Due to China’s Economic Troubles
US Dollar Dynamics: What Lies Ahead? Shifting Market Expectations and Interest Rate Speculation The market, as it stands, has rather astutely priced out any further jumbo rate cuts from our friends at the Federal Reserve. Now, folks are more inclined to anticipate modest 25 basis point reductions for the upcoming November and December meetings. DespiteUS Dollar Strengthens Amid Market Adjustments to Rate Cuts and FOMC Minutes
