Posts Tagged ‘foreign exchange’
After the Storm
Last week we had a busy week with Central banks. Decisions from the Fed, BoE and SNB kept the markets busy looking at the forward guidance…
Read MoreCentral Banks Back in Focus
Last week we saw The European Central Bank (ECB) raise rates by 25bps and US CPI numbers. As we saw US inflation continues to remain at elevated levels and higher for the longer has once again been brought back into focus. The USD still maintained its move higher with the DXY gaining around 0.2%.
Read MoreUS Dollar Remains in Control
Last week was quieter though the US Dollar continued its recent trend. The DXY rose 0.8% to close just above 105 and this 2-month USD rally is now beginning to look overdone.
Read MoreMixed Data and Mixed Signals
Last week we saw a plethora of important data as we moved in September. US Inflation and GDP were inbound along with the all-important payrolls.
Read MoreJackson Hole Weekend
Last week we thought might be quieter given we are in the summer months but as ever the market looked to prove us wrong. The weeks focus was on the Jackson Hole symposium…
Read MoreUS Dollar continues to rise along with China woes
Last week we saw the continuation of dollar and yields rising bringing a general risk off sentiment to equities and commodities.
Read MoreUS Dollar and Yields Rally
Last week was the first full week of August. Usually, a more peaceful time in the markets but this year continues to be the exception to the rule. US Dollar and Yields rose post CPI release.
Read MoreCentral Banks Nearing Inflection Point?
Last week we saw continued dovish tones from central banks. Firstly, the RBA left rates unchanged, surprising markets who were expecting a 25bp rise.
Read MoreFed and ECB Meet Expectations
Last week both the Fed and ECB raised rates in line. However Fed Chairman Powell continued a dovish tone on any future rate rises saying it will be data dependent. ECB Lagarde also noted that they may have reached the end of their tightening cycle.
Read MoreInflation Slowing and Fed on The Horizon
Last week we saw continued evidence of inflation starting to slow across the global economy. The UK which has the most stubborn level of inflation showed signs of slowing.
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