三菱日联金融集团策略师Derek Halpenny写道，近期美元走强更多受到非美国地区经济增长前景变弱的推动。The Bloomberg US dollar exchange rate index recorded weekly gains for the eighth time, making it the longest continuous weekly rise in more than a year. The euro fell to a two-year low as traders increased their bets on the ECB's sharp interest rate cut next month.
Bloomberg's dollar spot index rose 0.4%, and the Russia-Ukraine conflict spurred demand for some safe-haven assets.
USD/CHF once rose 1% to an intraday high of 0.8957, and the weak euro dragged down the exchange rates of other European currencies.
Mitsubishi UFJ Financial Group strategist Derek Halpenny wrote that the recent strengthening of the US dollar was driven more by weakening economic growth prospects in non-US regions.
EUR/USD once fell 1.3% to 1.0335, the weakest since November 2022, then rebounded slightly to 1.0411.
The unexpected contraction of business activity in the Eurozone in November reflected the impact of political chaos and trade imbalances.
Traders expect the ECB to cut interest rates by about 37 basis points in December, up from about 29 basis points on Thursday.
EUR/GBP's 1-cycle risk reversal briefly fell below parity, the first time since early August.
Volatility jumped across the board. The implied volatility of EUR/USD in one cycle rose 147 basis points to 9.80%, the highest since November 5.
Note: FX traders are betting that market volatility will return with Trump
USD/JPY rose 0.2%
Earlier, the exchange rate fell 0.4%, as Japan's core CPI data further supported the Bank of Japan's prospects for raising interest rates in December.
GBP/USD fell 0.5% to 1.2529, the lowest since May.
The UK private sector economy slumped from steady growth to stagnation as a closely watched survey showed that businesses had a negative attitude towards Chancellor of the Exchequer Rachel Reeves' fiscal plan.
The AUD/NZD rose to a two-year high, and the Bank of New Zealand's position before next week's meeting hit a key technical level.
The AUD/NZD rose 0.6% to 1.1180 at one point, the highest since October 2022.
Note: Some of the above information comes from forex traders who know about transactions but are unwilling to be named due to lack of authorization to comment publicly.
