USD rises to 4-month peak vs major peers. Key factors: Investors betting on Trump administration policies Euro at 7-month low, yuan at 3-month low Potential Trump tariffs targeting Europe and China Trump's crypto stance: Vows to make US "crypto capital of the planet" Analyst Gautam Chhugani: "regulatory tailwind zone" Expectations of crypto-friendly SEC under Trump Dollar index up 0.38% to 105.83 (highest since July). Drivers: US equities, interest rates, and dollar pushing higher Reports of hawkish China policy team (Rubio, Waltz) Republican control of Congress Currency movements: Onshore yuan at 7.2378 (lowest since Aug 1) AUD down 0.45% to $0.6545 EUR at $1.0611 (lowest since late April) GBP down 0.36% to $1.2824 JPY at 154.04 per dollar Market expectations: Reduced likelihood of Dec Fed rate cut (69% vs 80% week ago) Inflationary tariffs and immigration policies German political uncertainty (Feb 23 elections) UK wage growth slowing, unemployment rising #ForexMarkets #TrumpEffect #BitcoinRally #DollarStrength #GlobalEconomics

Bitcoin's record-breaking rally approaches $90,000, pushing overall crypto market value above pandemic-era peak. BTC hit all-time high of $89,599, up 32% since US election. Current price: $87,063 as of 7:02 a.m. New York time. Trump's pro-crypto stance driving surge: Promises friendlier regulations Plans for strategic Bitcoin stockpile Aims to boost domestic mining Goal: Make US the global crypto capital Sharp contrast to SEC crackdown under Biden administration. Market dynamics: Total crypto market cap reaches $3.1 trillion Bitcoin options traders betting on $100K by year-end CME futures for BTC and ETH hit record open interest MicroStrategy purchased 27,200 BTC ($2B) in early November 2024 performance: Bitcoin up 110% YTD Outperforming global stocks and gold BlackRock's iShares Bitcoin Trust sees record turnover Analysts warn of potential "digestion" period after steep rise Political landscape: Crypto companies heavily invested in pro-industry candidates Trump's crypto support marks significant policy shift Bitcoin joins other "Trump trades" (US stocks, USD) Focus on economic growth, tax cuts, and protectionist policies #Bitcoin #TrumpEffect #CryptoMarkets #BTC

Euro just hit a 6.5-month low against the dollar as fears of U.S. tariffs mount. Investors are spooked by potential moves from President-elect Trump, who might tap trade hawk Robert Lighthizer for his team. The euro is down 0.6%, trading at $1.0657 – the lowest since May. Dollar bulls are charging ahead. German politics also added fuel to the fire. Olaf Scholz paving the way for snap elections means more uncertainty around Germany's fiscal future. Meanwhile, mixed views about the Fed's next move are keeping traders on their toes. ING is bullish, betting that tariffs and easing Fed policy will support the greenback, while others aren't so sure. Bottom line: A clean U.S. election result has strengthened the dollar, but global uncertainty is on the rise. The market's now waiting for clarity on U.S. trade policy and Fed direction. Buckle up, this ride isn't over yet.

European shares poised for gains, following Wall Street's Friday rally. Euro Stoxx 50 futures up 0.5%. Hong Kong's Chinese stock index down 1.7%, CSI 300 recovers to close with slight gains. Bitcoin surges past $81,000, boosted by Trump's pro-crypto stance and supportive lawmakers. Dollar and euro steady, yen slips as BOJ hints at caution on rate hikes. Japan PM Ishiba leads in party vote despite election setback. Fed's Kashkari suggests less easing than expected, citing strong US economy. Key data ahead: AU jobs, CN retail/industrial, US/EU inflation, UK/JP growth. Multiple Fed speakers to provide post-election policy insights.

Hedge funds were most bearish on yen since August before US election. CFTC data shows yen shorts increased for 4 straight weeks. Post-Trump win, USD/JPY saw initial surge, then retreat. Yen outlook: Potential for continued carry trade appeal But beware of potential reversals BOJ rate hike expectations add uncertainty Watch US-Japan yield spreads for direction USD drivers post-election: Trump's fiscal policies (tax cuts, tariffs) Inflation expectations Treasury yield projections Upcoming CPI data crucial for Fed policy Market sentiment: "Trump trade" initially favors USD Long-term trends may differ from knee-jerk reactions Volatility expected across major pairs Stay alert for economic data and policy signals #JPY #USD#ForexStrategy #TrumpEffect

Bitcoin reached a new all-time high of $81,899, more than doubling from its yearly low of $38,505. The surge is attributed to expectations of a favorable regulatory environment under President-elect Donald Trump and newly elected pro-crypto Congress members. Key factors driving the rally: Trump's promise to make the U.S. the "crypto capital of the planet" Anticipation of Gary Gensler's removal as SEC Chair Success of pro-crypto candidates in congressional elections Trump's personal involvement in the crypto sector with World Liberty Financial Market Impact Broad gains across cryptocurrencies (Ether above $3,200, Dogecoin at 3-year high) 'Trump trades' in other markets losing steam, while crypto momentum continues Crypto industry's $119 million investment in pro-crypto candidates paying off Outlook Potential for deregulation and more crypto-friendly policies Increased institutional interest and mainstream adoption Volatility expected as market adjusts to new political landscape Caution: Despite positive sentiment, regulatory changes and policy implementations may take time. Investors should remain vigilant and consider potential risks in this rapidly evolving market.

Kashkari downplays Fed-Trump tension, citing bipartisan inflation concerns. This alignment could support continued Fed independence in policy decisions. Markets may react positively to reduced political interference risk in monetary policy. Strong economic resilience surprises Kashkari, hinting at potentially higher rates. This outlook suggests the Fed may maintain a more hawkish stance than previously expected. Investors should prepare for possible upward pressure on yields and USD strength. Outlook: Cautiously hawkish. Fed likely to maintain focus on inflation fight despite political shifts. Watch for signals of extended high-rate environment in upcoming Fed communications. Trading analysis: Kashkari's comments suggest potential USD strength. Consider bullish USD positions against major pairs like EUR/USD, USD/JPY, and GBP/USD. Rate-sensitive pairs such as USD/CHF and USD/CAD may also benefit from Fed's hawkish stance. Monitor economic data and Fed speeches closely to confirm this trend. #FedPolicy #ForexOutlook #USDTrend

Hurricane Rafael's impact: 25%+ crude, 17% gas offline in US Gulf. Potential for extended production cuts as storm lingers. Expect short-term price spikes in oil and natural gas markets, particularly if outages persist beyond initial forecasts. Market implications: Supply disruptions could support higher energy prices near-term. Watch for ripple effects on US inflation data and Fed policy expectations. Energy sector stocks may see increased volatility as production recovery timeline unfolds. Outlook: Bullish for energy prices short-term. Monitor weather forecasts for production restart estimates. Consider hedging strategies for energy-intensive portfolios. Long-term impact likely limited unless storm damage proves extensive. Keep eye on inventory reports for supply shock duration. #Oil #WTI

CAD weakens as markets price 60% chance of 50bps BoC cut in December. Record-high 112bps US-Canada yield spread fuels USD strength. This policy divergence likely to drive further CAD depreciation, impacting cross-border trade and investment flows. Trump victory adds trade uncertainty for Canada's export-heavy economy. Oil's 3% drop compounds CAD pressure. Investors should brace for volatility in CAD pairs, particularly USD/CAD. Watch for potential shifts in Canada's trade-sensitive sectors. Outlook: Bearish CAD, bullish USD short-term. Flattening Canadian yield curve signals economic worries. Consider increasing USD exposure, hedging CAD risks. Monitor BoC communications for policy clues. US assets may outperform as capital seeks higher yields and safety. #CADOutlook #ForexTrends #MonetaryPolicy

October US inflation data suggests stalled progress, potentially forcing Fed to reconsider its dovish stance. This unexpected inflation persistence could lead to a stronger dollar as markets price in delayed rate cuts. Investors should prepare for increased volatility in currency and bond markets. Core CPI holding steady signals stubborn inflationary pressures. If this trend continues, Fed may need to maintain higher rates for longer, supporting USD strength. Watch for Treasury yields to potentially rise, impacting global capital flows and emerging market currencies. Short-term market outlook: Cautious. Dollar likely to strengthen against major currencies if inflation remains elevated. Equity markets may face headwinds as higher rates could pressure valuations. Investors should consider defensive positions and reassess exposure to rate-sensitive sectors. #FX #FedPolicy #DXY