FX Weekly Update – May 22nd, 2023
The dollar found strength last week against most major currencies. We have been watching the gap on the weekly DXY chart, specifically last week when...
Weekly updates
FX Weekly Update – May 15th, 2023
The main suspect is likely to be market positioning. After the relentless move from below parity to above 1.10 to the dollar, positioning indicators point...
FX Weekly Update – May 8th, 2023
The Fed raised rates 0.25% to 5.25% (as expected), but employment data continues to surprise. The U.S. economy added 253K non-farm, and the rate fell...
FX Weekly Update – April 24th, 2023
Last week was another sleeper. The market has concluded that the Fed will hike on May 3 by 0.25% and the ECB the same. The...
FX Weekly Update – April 17th, 2023
The dollar begins this week near last week's opening levels. That does not mean that there were no exciting rallies or falls. The dollar fell...
FX Weekly Update – March 20th, 2023
The dollar moved lower following last week's volatile session. Inflation remains in a downward trend, but employment remains solid. The SVB/Signature bank collapse has kept...
FX Weekly Update – March 13th, 2023
The dollar was hit by a little bit of everything last week. The Fed's Powell testified early in the week and his comments were clear;...
FX Weekly Update – February 27th, 2023
The dollar is trending higher to begin the trading week. Friday's PCE data was higher than expected, pushing U.S. interest rates north, which put support...
FX Weekly Update – February 6th, 2023
Last week's Fed announcement and the U.S. employment situation were the highlights for a wary U.S. dollar. The Fed raised rates 25 bps to 4.75%....