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Upbeat Job Data Boost U.S. Dollar

Market Summary The U.S. Nonfarm Payrolls report last Friday exceeded expectations at 256k, with unemployment improving to 4.1%. These data points reinforced expectations that the Fed may adopt a more cautious stance while extending its rate cut path, providing strength to the U.S. dollar. However, Wall Street faced significant losses, with all …

Oil Price Surge On U.S Sanction

Fundamental Analysis * Sanction Shockwave: Oil prices surged to their highest levels in over three months during Monday’s opening, continuing their upward momentum amid expectations that expanded U.S. sanctions will disrupt Russian crude exports to major importers China and India. On Friday, the U.S. Treasury announced sanctions against Russian oil producers Gazprom …

Canadian Dollar Calm After Prime Minister Step-Down

Market Summary Canadian Prime Minister Justin Trudeau announced his resignation after nine years in office, leaving the Canadian dollar relatively steady as markets look forward to new leadership. Meanwhile, the U.S. dollar faced downward pressure amid reports that President-elect Donald Trump may ease tariff policies on imported goods, reducing concerns over trade …

Oil Strong on Improve Demand Outlook

Market Summary Wall Street surged in the last session, buoyed by a strong performance in tech stocks, with the Nasdaq Composite climbing 1.70%. However, investor focus this week shifts to key U.S. economic data, including the Nonfarm Payrolls (NFP) report scheduled for Friday, which could provide insights into the Fed’s monetary policy …

Dollar Strong on Resilient Job Data

Market Summary The U.S. dollar extended its rally, with the Dollar Index (DXY) surging to 109.00 for the first time since November 2022 following upbeat economic data. While U.S. PMI readings remained below the 50 threshold, they exceeded market expectations. Meanwhile, Initial Jobless Claims fell to 211,000—the lowest since May 2024—signaling a …

Dollar Start the Year with Strong Momentum

Market Summary The U.S. dollar delivered a strong performance in 2024, with the dollar index gaining approximately 7%, and it started 2025 on a positive note, hovering near its recent highs. The dollar remains supported by the Fed’s cautious approach to monetary policy, with hawkish expectations weighing on equities. Wall Street is …

Dollar Buoys by Strong U.S. Treasury Yield

Market Summary The financial market remains exceptionally quiet as the New Year holiday approaches, with most asset classes trading in a sideways manner. The dollar index has also been range-bound since last Monday, but the U.S. Treasury yield continues to climb, reaching its highest level since May—a factor that could potentially strengthen …

Greenback Rallies on Fed Hike Bets

Market Summary The Dollar Index gained momentum as resilient U.S. labor data, with jobless claims at 219K versus 223K forecasted, reinforced expectations of a hawkish Fed stance in 2025. Strong labor market performance continues to support the Greenback’s upward trajectory. Oil prices retreated during holiday trading due to dollar strength and profit-taking …

Markets in Flux: Fed Signals, Geopolitical Tensions, and Oil Gains

Market Summary The Dollar Index held steady amid subdued holiday trading but maintained a positive trajectory, reflecting hawkish sentiment from the Federal Reserve. Fed officials signaled potential policy tightening in 2025, supported by a resilient economic recovery, keeping investors focused on upcoming US economic indicators for further direction. Gold prices consolidated near …

Merry Christmas, Everyone! Markets Stay Subdued Amid Holiday Cheer

Market Summary The Dollar Index remained flat as markets slowed down for Christmas, with limited economic data revealing continued contraction in the US manufacturing sector. Gold prices stayed stagnant during thin holiday trading, weighed down by the Fed’s cautious stance on reducing borrowing costs, keeping a bearish tone in the market. US …

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