Monday, 08 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar Rises on Trump's Win
Wednesday, 6 November 2024 16:08 WIB | US DOLLAR |DOLLARDolar AS

The reaction to the US election so far in the FX market has been, as expected, a strong dollar across the board.

"There is no major divergence in the performance of G10 currencies, with daily losses totaling around 1.0-1.7% except for the Canadian dollar, which is down less than 1%. This reflects the view that a landslide Republican victory is positive for the US economy and, by extension, Canadian exporters, as well as the fact that the CAD will be less exposed to tariffs in China and geopolitical developments under a new Trump presidency."

"The sharp rise and broad sell-off across the Treasury yield curve reflects broad expectations for an inflationary mix of domestic (fiscal and migration) and external (tariff) policies from Trump. We also observe some action in short-term USD swap rates related to the aggressive repricing of Fed rate expectations."

"In line with our expectations and consensus, the market still holds out hope for a 25bp FOMC rate cut to 4.75% tomorrow, but the OIS curve has already priced in about 10bp+ of price adjustments to the 2025 tenor. That entrenches the policy rate near 4.0% in June 2025, almost 100bp higher than the mid-September pricing."

 Source: FXStreet

RELATED NEWS
Dollar drops against peers after weaker-than-expected jobs report...
Saturday, 6 September 2025 03:15 WIB

The U.S. dollar fell sharply against major peers on Friday after crucial monthly jobs data showed that American employers hired fewer workers than expected, which affirms weakening labor market condit...

Dollar Holds, Cracks In US Labor Market Fuel Rate Cut Speculation ...
Thursday, 4 September 2025 16:46 WIB

The US dollar held steady on Thursday (September 4) amid a volatile week as investors grappled with a fragile bond market and data showing a weakening labor market, which has reinforced expectations t...

Dollar steadies after recouping some losses amid fiscal concerns, rate cut bets...
Wednesday, 3 September 2025 23:31 WIB

The U.S. dollar was broadly steady on Wednesday, after a sell-off in some parts of bond markets globally in the prior session weighed on its currency peers and allowed the greenback to gain back some ...

Dollar Strengthens to Month-Highest as Traders Seek Safe Havens ...
Tuesday, 2 September 2025 19:21 WIB

The dollar strengthened to its highest level in a month, as investors sought safe havens amid weakening global stock and bond markets. The Bloomberg Dollar Spot Index rose 0.7%, its biggest intraday ...

Dollar inches up as gold hovers near record high...
Tuesday, 2 September 2025 13:02 WIB

The U.S. dollar clawed back some ground in Asian trading on Tuesday following five days of selling, ahead of the return of U.S. traders from the Labor Day holiday. The dollar index was last up 0.2% a...

LATEST NEWS
US Stocks Fall on Weak Jobs Data

US stocks closed lower on Friday after weaker-than-expected August jobs data raised concerns about a slowing economy, even as expectations for Federal Reserve rate cuts firmed. The S&P 500 gave up earlier gains, ending 0.3% lower and below...

Dollar drops against peers after weaker-than-expected jobs report

The U.S. dollar fell sharply against major peers on Friday after crucial monthly jobs data showed that American employers hired fewer workers than expected, which affirms weakening labor market conditions and likely guarantees a Federal Reserve...

Oil prices settle down more than 2% after weak US jobs report

Oil prices fell on Friday as a weak U.S. jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after OPEC and allied producers meet over the weekend. Brent crude futures settled at $65.50 a barrel, down $1.49,...

POPULAR NEWS
S&P 500 And Nasdaq Hit New Record Highs
Friday, 5 September 2025 20:48 WIB

US stocks rallied on Friday (September 5th), with the S&P 500 rising 0.4% and the Nasdaq gaining 0.6% to new record highs, while the Dow Jones...

Asia-Pacific markets open higher after Trump formalizes lower Japanese auto tariffs
Friday, 5 September 2025 07:37 WIB

Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto...

European Stocks Swing Lower
Saturday, 6 September 2025 00:38 WIB

European stocks closed on Friday, tracking the pullback in US equities after pessimistic labor data from the US sounded alarms over the world's...

U.S. adds 22,000 jobs in August
Friday, 5 September 2025 20:07 WIB

The U.S. economy added fewer jobs than anticipated in August, possibly bolstering the case for the Federal Reserve to slash interest rates at its...