No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
According to the Bank of America (BofA) model, market participants remain bearish on the dollar, particularly against the euro and the British pound.
Despite the market participants' uncertainty about the Japanese currency's outlook, asset managers remain optimistic. According to the Commodity Futures Trading Commission (CFTC), their bullish bets on the yen rose by 3,218 contracts in the week ending May 27.
According to Bloomberg, the crypto industry in South Korea is poised to receive governmental backing, regardless of the presidential election outcome. Both leading candidates support easing regulations due to significant public interest in this sector.
An increase of the indicator value may contribute to the rise in quotes of GBP.
In 2025, the US began actively regulating the cryptocurrency market. One of the upcoming changes will be new rules from the Internal Revenue Service (IRS) on wallet-by-wallet cryptocurrency cost basis calculations, which will come into effect on January 1, 2026.
According to data from ANZ Banking Group and job search website Indeed, job vacancies advertised in Australia decreased for the second month in May. This could suggest a gradual cooling of the country's labor market.
According to Sarah Breeden, Deputy Governor of the Bank of England, the UK labor market is showing signs of weakening. At the same time, she believes the disinflation trend in the country is continuing.
Morgan Stanley forecasts the dollar to fall by mid-2026 to the level last seen during the COVID-19 pandemic. The decline will be driven by the Federal Reserve’s rate cuts and slower US economic growth. The US dollar index will lose 9% and hit 91.
An increase of the indicator value may contribute to the rise in quotes of JPY.
A decrease of the indicator value may contribute to the fall in quotes of JPY.