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USD: Powell takes the stage – ING
The dollar has been modestly stronger since the start of the weekend but there was nothing close to an earthquake in markets following the French election result, and FX volatility has continued to fall from its mid-June peak, ING’s FX strategist Francesco Pesole notes.Fxstreet
Jul 9, 2024
USD: Inflation and Powell in focus this week – ING
The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies lower and fuelled some safe-haven demand, with the Japanese Yen (JPY) and Swiss franc (CHF) rising, ING’s analyst Francesco Pesole suggests.Fxstreet
Jul 8, 2024
US Dollar on the back foot with French political outcome applauded by markets
The US Dollar (USD) whipsaws on Monday, with markets celebrating the outcome of the second round of elections in France. In a surprise move, the left-wing coalition New Popular Front of Jean-Luc Mélenchon won and claimedFxstreet
Jul 8, 2024
US Dollar under pressure ahead of NFP report
The US Dollar (USD) dips again on Friday, painting red numbers across the board for the US Dollar against most major currencies. The main adversaries that stand out are the Swiss Franc (CHF) and the Japanese Yen (JPY), which are gaining against theFxstreet
Jul 5, 2024
