FX Weekly Update – November 27th, 2023
The main market movers were the PMIs of business activity in the Eurozone and the UK, the former remained weak, while the latter was stronger...
Weekly updates
FX Weekly Update – November 20th, 2023
The dollar begins this week under pressure. Currency support levels held last week and the interest rate story is weighing on the greenback. The U.S....
FX Weekly Update – November 13th, 2023
Oil prices fell to $76 last week, supporting the dollar when the currency market was quiet after the dollar moved higher. There needed to be...
FX Weekly Update – November 6th, 2023
The Fed, along with several other G7 central banks, left rates unchanged. This was widely expected, but the Fed's language was dovish and so interest...
FX Weekly Update – October 30th, 2023
The greenback rallied against every major currency except the yen and a handful of Latin American currencies. The latter continue to shine in 2023, whereas...
FX Weekly Update – October 23rd, 2023
The dollar has held up throughout the last two weeks. It remains well "bid" against most currencies. This week, there are several economic data releases,...
FX Weekly Update – October 10th, 2023
The dollar has not reacted to the bombing of Israel and has remained within a narrow range against all currencies. The U.S. banking holiday may...
FX Weekly Update – October 2nd, 2023
The dollar continues to move higher. The FX market is leaning toward U.S. interest rates remaining where they are for a more extended period than...
FX Weekly Update – September 11th, 2023
It has become difficult to vote against the U.S. dollar. The market continues to buy dollars and sell currencies. This past week saw a USD/MXN...