CURRENCY ROUNDUP – FEBRUARY 2023
What Happened Per the Bloomberg Dollar Spot Index, USD fell by 2.0% with growing faith the global economy will not recede. Equities around the world...
Weekly updates
FX Weekly Update – January 30th, 2023
The economic data released last week, PCE and PPI, confirmed that inflation is decelerating. Durable Goods, precisely the "ex-defense" number, jumped an impressive 6.3%. The...
FX Weekly Update – January 23rd, 2023
Currency markets remained steady last week. The dollar drifted between new short-term lows and weak rallies and lost ground against most currencies. Inflation in the...
FX Weekly Update – Jan 17th, 2023
U.S. CPI, released last week, did confirm that inflation continues to move lower. The YoY level fell to 6.5% and the MoM printed -0.01%. Consequently, the...
FX Weekly Update – January 9th, 2023
The dollar fell hard after the U.S. employment situation was reported Friday morning. The dollar's rally into the New Year ended abruptly when non-farm payrolls...
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...
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...