Forex Weekly Analysis Report - Currency Review, Market News, Forecast and Outlook, Strategy, US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar (2024)

Weekly Report

Dollar Dives, Yen Soars, A Week of Divergent Fortunes

Dollar and Yen had contrasting fortune last week, responding to divergent central bank expectations. Dollar found itself as the week's worst performer, a reflection of solidified expectations for Fed's first rate cut in June, reinforced by Fed Chair Jerome Powell's semiannual testimony. The cooling job US market is seen...

Weekly Report

Yen Rises on BoJ Rate Speculation, But Gains Muted

Yen ended as the best performer last week amidst intensifying discussions around BoC rate hike, spurred by comments from the central bank's officials. The anticipation of policy tightening propelled Yen forward, although gains were tempered by uncertainties surrounding the timing of the first move, and the path of subsequent...

Weekly Report

Continued Euphoria Pushes Global Markets to New Records

The past week marked a significant milestone in global financial markets, as major indices like DOW, S&P 500, DAX, CAC, and even Nikkei all reached new record highs, buoyed by the widespread euphoria surrounding artificial intelligence related sectors. This wave of optimism to eclipsed the recalibrated expectations that some...

Weekly Report

Market Optimism Endures Through a Week of Economic Paradoxes

This past week showcased a rollercoaster of economic revelations and market responses. Despite a mix of apprehensions, especially surrounding inflation and monetary policies, the prevailing mood remained decidedly risk-on. That culminated in DOW and S&P 500 reaching unprecedented highs, even though both concluded the week on a relatively subdued...

Weekly Report

Central Bankers Work to Recast Rate Expectations, Yet Market Optimism Remains Unwavering

Last week's financial markets were characterized by a mix of resilience, speculation, and divergent central bank signals.In the US, the narrative remained steadfast with Fed officials emphasizing a patient approach towards monetary policy, firmly pushing back against the market's eager anticipations for imminent rate cuts. This cautious did little...

Weekly Report

Investor Optimism Pushes Stocks to New Heights, While Dollar Rallies as March Fed Cut Speculation Subsides

This past week in the financial markets has been nothing short of a rollercoaster, with Dollar clinching the title of the strongest currency amidst considerable volatility. The narrative that dominated was the dissipating likelihood of a March rate cut by Fed. But at the same time, investor sentiment took...

Weekly Report

A Week of Contrasts: US Resilience, Hawkish BoJ, ECB Cut Speculations, China’s Reversal

The past week in the financial markets was a blend of the anticipated and the unforeseen, creating a cloud of indecision among traders. Central bank decisions by ECB, BoC, and BoJ unfolded largely as anticipated. But BoJ's slightly hawkish communication provided a temporary lift to Yen. Despite ECB President's...

Weekly Report

Dollar Soars and Stocks Hit Records as Markets Rethink Rate Cut Timing

Last week's market development suggest growing skepticism among traders on their own aggressive bets on early rate cut by major central banks. After a batch of economic data from US and UK, as well as the chorus of central banker comments, Q2 is starting to look much less likely...

Weekly Report

Dollar’s Indecisive Week, Rate Cut Bets Hold Despite Inflation Surprises

Dollar demonstrated a distinct lack of decisiveness in its trading last week, encapsulating a theme of uncertainty that has become characteristic since the start of the year. The greenback has indeed close the week within prior week's range against most major counterparts, with Canadian Dollar being the only exception.This...

Weekly Report

Year’s Start Sees Shift in Risk Sentiment, Dollar Ended Higher Despite Jitters

The onset of 2024 marked a notable shift in global market sentiment. Major U.S. stock indexes ended their nine-week winning streak, closing lower, while major benchmark treasury yields experienced a notable recovery. Concurrently, this shift in market dynamics was accompanied by a scaling back of bets on an immediate...

Weekly Report

Risk-On Wave Sweeps Markets, Stocks Hit Records, Dollar Declines

The financial markets concluded last week on a robust risk-on sentiment, driven primarily by the flurry of central bank activities. The stock markets, in particular, resonated with a bullish tone, cementing their position after Fed's dovish shift. This sentiment propelled key indices like the DOW, DAX, and CAC to...

Weekly Report

A Week of Market Shifts, Yen Skyrockets on BoJ Speculations

The global financial markets last week were primarily influenced by three pivotal themes: Yen's dramatic rise, Dollar's strength following robust US employment data, and repercussions of Moody's downgrading China's rating outlook.The most striking was the Yen's significant surge, driven by intensified speculation about an impending exit from negative interest...

Weekly Report

Market Upturn as Inflation Cools; Stocks Climb, Euro and Dollar Falter

Financial markets were dominated by themes of cooling inflation, a slowing economy, and increasing expectations of policy easing by both ECB and Fed last week. This convergence of factors ignited a full risk-on mode among investors, propelling major US stock indexes and Germany's DAX to sharp gains. In tandem,...

Weekly Report

Dollar’s Weak Streak Continues, Sterling and Antipodean Currencies Shine

Dollar ended as the weakest performer last week, with it poor performance aligning with broader rally in both stock and commodity markets, underpinned by growing investor sentiment favoring US economic soft-landing. Furthermore, minutes from FOMC meeting suggested a potential softening of Fed's hawkish stance. As risk-on sentiment seems poised...

Weekly Report

Dollar’s Descent to Intensify Amid Sustained Global Risk Appetite, Yen Reversal to Exacerbate Pressure

Dollar notably emerged as the weakest performer among global currencies last week. This decline was primarily driven by robust risk-on sentiment pervading global markets and noticeable dip in treasury yields, not just in the US but globally. A key factor influencing this trend is the growing belief among investors...

Weekly Report

Dollar Tops Weekly Performance But Next Move Uncertain, Aussie Suffers

Dollar emerged as the best performer last week, fueled by hawkish remarks from Fed Chair Jerome Powell. The greenback's surge raises questions: is this merely a recovery from recent losses, or the beginning of a new uptrend? While Dollar gains support, rising risk-on sentiment in the markets seems to...

Weekly Report

Dollar Dives on Risk Appetite Revival and Sliding Yields

In a week marked by a significant shift in investor sentiment, Dollar found itself at the bottom of the currency heap. A rapid shift to a risk-on attitude was catalyzed by sharp decline in benchmark Treasury yields, fueling an aggressive uptick in stock prices. The surge in equity investments...

Weekly Report

Global Markets in Flux: Gold and Bitcoin Rally, Stocks Stumble, Yield and Dollar Hesitate

It was a week marked by a series of significant headlines that captured the attention of global investors. Bitcoin led the charge and surged sharply, touching 35k mark, a noteworthy move for the cryptocurrency giant. At the same time, US 10-year yield demonstrated ambition as it flirted with 5%...

Weekly Report

Geopolitical Conflicts Unravel A Week of Turmoil and its Domino Repercussions

As geopolitical tensions rise, the financial markets are inundated with heightened volatility and uncertainty. The bond market is particularly sensitive, evidenced by the 10-year Treasury yield soaring to 5% for the first time since 2007. This spike is multifaceted, driven in large part by a ballooning bond supply and...

Weekly Report

Middle East Unrest Shakes Financial Markets; Safe Havens Gain Ground

The abrupt escalation in conflicts in the Middle East significantly influenced the global financial markets last week, causing capital influx into safe-haven assets. Amidst the military confrontations, Gold and other precious metals experienced a sharp surge in value. Oil prices also saw a rebound, reflecting the geopolitical tensions. While...