BEAR TERRITORY AHEAD

The dollar’s downward trajectory against major currencies is influenced by rate cut speculations, while key economic data this week will further define global interest rate and equity market trends.

DOLLAR BEARS TAKE CHARGE

Current market trends and data points indicate a complex landscape shaped by inflation, rate cut speculations and geopolitical shifts influencing major currency pairs and global indices.

YEN POUND EURO EYE DOLLAR

Despite the recent up moves against the USD, the yen, the euro and the pound have not yet discounted for uncertainties, tighter financial conditions, and potential geopolitical risks amid stagnant growth for the eurozone and Japan.

US DOLLAR: AT CROSSROADS

US DOLLAR

Investors should stay vigilant, watch out for corporates’ outlook and commentary and monitor the above-mentioned key factors that could influence market sentiment and direction in the weeks ahead. Be prepared for continued volatility and sharp market movements in the coming weeks.

YEN UNDER PRESSURE

Yen’s susceptibility to short-selling due to low yields in Japan, coupled with its attractiveness for funding trades, will keep the USD/JPY above 145 in the medium term.