Noticias del mercado
Mantente al día de las noticias, datos y análisis que mueven el forex y los mercados financieros globales.
Fed's Schmid warns inflation fight has a “way to go”
Kansas City Federal Reserve (Fed) President Jeffrey Schmid said on Tuesday that the labor market remains in a good place, and he remains concerned about the high cost of living, saying “inflation is frustrating, must be fixed.”
US Dollar Index slips from its 18-month high
Brent fell below $98 a barrel as Gulf exports picked up, and bond yields in Europe and the US fell with it. France got the most relief, as the extra yield investors want for holding its 10-year debt over Germany's narrowed to about 1.3 percentage points from more than 1.5 on Friday.
US Dollar: Softer jobs data shapes Fed path – UOB
UOB’s Alvin Liew highlights that weaker US September Payrolls and softer wage growth have reduced expectations for an October Federal Reserve rate hike, with markets now focused on September CPI.
Japanese Yen underperforms despite signals of further BoJ tightening
USD/JPY holds firm on Tuesday as the Japanese Yen (JPY) trades on the defensive across the board. However, a softer US Dollar (USD), weighed down by a pullback in US Treasury yields, and intervention concerns around the 160 level limit the upside, keeping the pair range-bound.
US Dollar: Resilient but upside seen limited – TD Securities
TD Securities notes the US economy and labor market are resilient but not overheating, leading them to push Fed rate hike calls to December 2026 and March 2027. They believe market pricing for Fed hawkishness has peaked and see it as hard to derive persistently bullish Dollar signals from Fed and data alone, even as their scorecard still ranks the USD highest.
US ADP Employment Change 4-week average increases to 23.750K
Private-sector hiring in the US has gained some pace in early September. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 23.750K jobs per week in the four weeks ending September 19.
US Dollar: Supported by ISM and Fed pricing – BBH
Elias Haddad at Brown Brothers Harriman highlights that the Dollar has trimmed some recent gains but retains support from strong US data and Fed expectations. September ISM services and manufacturing indexes point to resilient growth, while Prices Paid suggest intensifying inflation.
US Dollar: Staying supported as Fed hike base case – ING
ING’s Francesco Pesole notes that the Dollar remains supported early in the week, helped by Euro-specific weakness and higher global bond yields, even as strong equities cap gains. The ISM services data were slightly hawkish but not enough to shift expectations for an October Federal Reserve hold.
Dow Jones futures rise due to easing Fed rate hike expectations
Dow Jones futures gain by 0.47% to trade near 51,800 during European hours on Tuesday. S&P 500 futures advance by 0.24% to trade around 7,840, while Nasdaq 100 futures rise by 0.27% to trade near 31,400.
US Dollar Index Price Forecast: Hovers around 102.00 within overbought region
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding its position after posting modest gains the previous day and hovering around 102.10 after pulling back from nearly 18-month highs during the European hours on Tuesday.
United States Dollar Index holds above 102, remains supported by firm bond yields
The US Dollar (USD) trades broadly firm against its major currency peers as United States (US) bond yields remain higher due to persistent inflation fears.
Japanese Yen weakens as wide yield gap supports US Dollar
The Japanese Yen (JPY) remains on the back foot against the US Dollar (USD) on Monday as the wide yield differential continues to favour the Greenback, while broader structural headwinds weigh on the Japanese currency. At the time of writing, USD/JPY trades around 158.10, up 0.17% on the day.
Forex Today: PMIs in Europe and Fedspeak will do the rounds
The US Dollar (USD) has picked up extra pace on Monday, reaching fresh tops on the back of persistent safe-haven demand, while fiscal concerns in Europe continued to weigh on the broader risk complex.