The U.S. dollar dropped against major currencies during the week ended March 20 despite escalations in the Middle East war and the fears of a protracted energy price shock. The Dollar’s weakness came amidst the Federal Reserve holding rates steady as well as retaining the rate cut projections made in December.
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US listed TSMC shares ↑ almost 80% YTD Less than 4% away from all-time high created in July Forward guidance for Q4 in focus FXTM’s TWN index could see fresh volatility Technical levels for TSMC – $192.65, $183.00 and $177.00 Another slew of key data releases and corporate earnings could rock markets in the week…
Bitcoin jumped on Monday, advancing 2.7% until early US trading, as softer tones on tariffs from Trump’s administration revived positive sentiment. Fresh strength emerges above multi-day range and generates positive signal on break of the upper boundary of triangle on daily chart. Daily close above triangle (upper line lays at 86113) will be minimum requirement…
US Dollar Index hits new yearly low after PCE inflation report came in softer than expected. PCE data shows personal income rose less than expected, PCE price index increased by 0.1% MoM, and core PCE increased by 0.1%, below expectations. DXY is on the edge of a cliff as rate cut bets and dovish Fed…
The Japanese yen has posted strong gains on Thursday. In the European session, USD/JPY is trading at 154.34, down 0.70% on the day. Ueda says rate decision will depend on data Bank of Japan Governor Ueda’s remarks are always closely monitored and often move the financial markets. That was the case today as the yen…
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Thursday Roundup December 11, 2025 Many other central banks made interest rate announcements the day after the Federal Reserve’s fed funds target was cut on Wednesday by 25 basis points by a split vote of 10-2-1 with District Presidents Schmid and Goolsbee preferring to leave the rate unchanged at 3.75-4.0% and Governor Miran promoting a…