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ATFX Market Outlook 3rd December 2024

ATFX Market Outlook 3rd December 2024

ATFX Market Outlook 3rd December 2024 Euro Under Pressure: French Government Crisis Sparks Market Concerns The Nasdaq and S&P 500 closed at record highs on Monday, driven by technology companies. Investors are awaiting economic data this week, particularly the monthly employment report on Friday, since the Federal Reserve usually cuts interest rates again in December.
ATFX | 9h 5min atrás
Upbeat U.S. PMI Boost Dollar

Upbeat U.S. PMI Boost Dollar

The dollar gained yesterday, bolstered by President-elect Trump’s remarks threatening BRICS and upbeat U.S. PMI data, which supported the greenback.
PU Prime | 12h 23min atrás
Yen Falls Amid Risk Appetite

Yen Falls Amid Risk Appetite

The Japanese yen weakened against other major currencies in the Asian session on Tuesday amid risk appetite, as traders remain optimistic about an interest rate cut by the U.S. Fed in December after remarks from Fed Governor Christopher Waller that he is 'leaning toward' a December rate cut.
RTTNews | 15h 39min atrás
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews | 16h 4min atrás
Dollar Gain as Trump Warns BRICS

Dollar Gain as Trump Warns BRICS

The dollar rallied sharply following the Thanksgiving holiday, with the Dollar Index climbing nearly 0.5% in early Asian trading, holding firmly above the 106 mark. The surge was fueled by comments from U.S. President-elect Donald Trump, who urged BRICS nations to uphold the greenback's dominance while threatening 100% tariffs should they pursue alternative currencies.
PU Prime | 1 dia atrás
U.S. Dollar Rises As Trump's Tariff Threats To BRICS Nations

U.S. Dollar Rises As Trump's Tariff Threats To BRICS Nations

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, after the U.S. President-elect Donald Trump has threatened the BRICS grouping with "100 percent tariffs" if they moved to create a new currency or back any other option as the world's reserve.
RTTNews | 1 dia atrás
Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.
PU Prime | 4 dias atrás
Yen Rises As Strong Tokyo CPI Spurs BoJ Rate Hike Bets

Yen Rises As Strong Tokyo CPI Spurs BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after data showed that Tokyo's faster-than-expected inflation bolstered speculation that the Bank of Japan might raise interest rates next month.
RTTNews | 4 dias atrás