EN

Download App

fed

Showing results for: "fed"

Dollar Dives on Soft NFP Reading

Market Summary The dollar continued to face selling pressure after U.S. jobs data released last Friday showed significantly lower-than-expected numbers. While the unemployment rate aligned with market expectations at 4.1%, the Nonfarm Payroll came in at just 12,000—one of the lowest figures since the Fed began its tightening cycle. This has fueled …

Read More

Investment Rationale: Impact of the 2024 U.S. Presidential Election on Forex and Gold

Executive Summary The 2024 U.S. Presidential Election is a critical event with anticipated effects on forex and commodities markets, particularly for the U.S. dollar and gold. Each candidate’s economic policy direction—Donald Trump’s nationalistic trade stance and Kamala Harris’s focus on infrastructure and social programs—presents unique implications for these asset classes. As volatility …

Read More

Dollar Pauses as Jobs Data Looms

Market Summary Despite strong U.S. economic data, the U.S. dollar saw a slight retreat as investors await the upcoming U.S. election and Nonfarm Payrolls report. Resilient figures, including a stable Core PCE Price Index at 2.70% and reduced Initial Jobless Claims (216K), highlight steady U.S. economic strength, which may influence future dollar …

Read More

Countdown to Chaos? U.S. Election Set to Rock Markets

Tuesday, 5 November 2024, 05.30 – RBA Interest Rate Decision (Nov) The latest update from the Reserve Bank of Australia (RBA) shows that rates were held steady at 4.35% for the seventh meeting in a row in September, reflecting its cautious approach amid mixed economic signals. Under the leadership of Governor Michele …

Read More

Yen Strengthen Following BoJ Hawkish Remarks

Fundamental Analysis * Hawkish Shift: The Japanese Yen has gained strength against the dollar following hawkish remarks from BoJ Governor Kazuo Ueda, hinting at a potential rate increase. During its Thursday meeting, the Bank of Japan (BoJ) chose to keep short-term interest rates steady at 0.25% and projected that inflation will stay …

Read More

Dollar Eases as GDP Come Soft

Market Summary The dollar faced pressure from the GDP reading released yesterday, which came in lower than market expectations. However, amidst prevailing risk-off sentiment, the dollar managed to find support above the $104.00 mark. Today’s highly anticipated U.S. PCE reading, the Fed’s preferred inflation gauge, is expected to provide crucial insights into …

Read More

Gold Sky-rocket with the U.S. Election Jitters

Market Summary Gold surged to an all-time high in the last trading session, climbing above the $2,780 mark. Multiple bullish factors have fueled this rally, including intensifying geopolitical tensions in the Middle East and Eastern Europe, which have heightened demand for safe-haven assets. Additionally, as markets brace for the U.S. election, investors …

Read More

Kiwi Remains Weak On Dovish Mood Around RBNZ

Fundamental Analysis * Kiwi Drift: The New Zealand Dollar remains under pressure, continuing its downward trend due to the dovish outlook surrounding the Reserve Bank of New Zealand (RBNZ). The RBNZ is anticipated to implement an additional 50-basis-point rate cut at its policy meeting of the year in November, with markets even …

Read More

Gold Rally Ahead of the U.S. Election

Market Summary As the U.S. election draws near, safe-haven assets are gaining traction, with gold rallying back to its all-time highs and the U.S. dollar hovering close to recent peaks. Historical trends indicate that the Japanese yen tends to attract strong safe-haven demand during election years, having outperformed the dollar, Swiss franc, …

Read More

Yen Capitulate Amid Political Uncertainty

Market Summary Japan’s political landscape took centre stage this week after the Prime Minister called a snap election, following the ruling party’s loss of its parliamentary majority. This political uncertainty has led markets to believe the Bank of Japan may delay its next rate hike, causing the Yen to soften to a …

Read More

Loading...

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!