FX Weekly Update – January 2nd, 2023
Happy New Year! The 2022 story for the dollar was evident—interest rates. While the Fed and the talking heads at financial institutions were talking about...
Weekly updates
FX Weekly Update – December 12th, 2022
The coming week is critical for markets, specifically the FX market where Britain, the EU, and the U.S. have a calendar of crucial economic data....
CURRENCY ROUNDUP – DECEMBER 2022
What Happened U.S. Dollar strength faded in November, marking its worst monthly performance since 2010. As foreseen, a messy reopening in China and evidence of...
FX Weekly Update – December 5th, 2022
The dollar rally in 2022 was based on the Fed’s aggressive interest rate hikes. Now, with the other central banks (specifically the ECB) adjusting rates...
FX Weekly Update – November 14th, 2022
Last week ended with a large amount of U.S. dollar selling. The CPI was much better than expected (7.7% v. 8.0%), which the market perceives...
CURRENCY ROUNDUP – NOVEMBER 2022
What Happened Per the Bloomberg Dollar Spot Index, the buck managed to stay afloat by a small margin as it lost value across the board....
FX Weekly Update – November 7th, 2022
The dollar fell despite the Fed increasing rates 75 bps (expected) and the U.S. employment data suggesting the U.S. economy is still creating jobs at...
CURRENCY ROUNDUP – OCTOBER 2022
What Happened Further economic uncertainty on multiple fronts advanced U.S. Dollar another 2.5% in September per the Bloomberg Dollar Spot Index. Pound Sterling dropped by...
FX Weekly Update – October 24th, 2022
Quite a week has passed what with Liz Truss, the U.K.Prime Minister, resigning after 44 days setting a record for the least amount of time...