Should we be concerned about a decline in liquidity?
13.08.2021
- University of Michigan Consumer Sentiment Index (Preliminary)
- Turkey's Current Account Balance
Yesterday, the three major U.S. stock indices rose slightly, resulting in a market environment characterized by rising stock prices, falling interest rates, and lower oil prices. The number of new U.S. unemployment insurance claims for July, released yesterday, came in at 375,000, marking an improvement. The result was in line with market expectations and represented the lowest figure since the onset of the COVID-19 pandemic. The Russell 2000 fell by about 0.28% to around 2,244.
A slight decline in the yield on 10-year U.S. Treasuries is weighing on the dollar, causing USD/JPY to trade within a very narrow range of 110.3 to 110.5. However, the pound is showing even greater weakness than the dollar, with GBP/USD falling by about 80 pips yesterday from 1.387 to 1.379.The AUD/USD pair has also declined, falling from 0.737 to 0.732.
Today’s economic indicators include Swiss producer import prices at 15:30 Asia time, the French consumer price index (final reading) at 15:45, Turkey’s current account balance at 16:00, the Eurozonetrade balance, and during U.S. trading hours, the U.S. Import Price Index at 21:30 and the U.S. University of Michigan Consumer Sentiment Index (preliminary) at 23:00. We will be watching these closely to see if they trigger any significant shifts in the strength of European and U.S. currencies.
Past Market Reports
20.04.2026
With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall
17.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
16.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
15.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
14.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
13.04.2026
Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures
10.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
09.04.2026
Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?
08.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
07.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
