#FXTHISWEEK

A weekly roundup of key currency movements and trends.

In under five minutes, our weekly update, #FXThisWeek, will provide you with analysis and insight on the factors and trends impacting the currencies that matter.

FX Weekly Update - July 6th, 2021

07.05.21
The dollar continued to remain “bid” against most currencies last week and the economic data pointed to more inflationary pressures. Friday’s employment report was a very good surprise for those who want to see the economy growing! 850,000 non-farm jobs...

FX Weekly Update - June 28th, 2021

06.27.21
The previous week has been one of mixed economic reports, inflation talk and a dollar that has held steady versus most currencies but fell against both Canada and Mexico. U.S retail sales were lower by 1.7%, while the GDP number...

FX Weekly Update - June 21st, 2021

06.20.21
A reversal in the dollar has caught the attention of the dollar bulls! The Fed’s Powell said that the transitory inflation from the opening economy may lead to a more inflationary long-term issue which suggests the Fed may be...

CURRENCY ROUNDUP - June 2021

06.14.21
What Happened U.S. Dollar weakness continued in May as the Bloomberg Dollar Spot Index fell 1.3% Pound Sterling reached a three-year best as the U.K. navigates through economic recovery as well as political concerns in a post-Brexit reality WTI...

FX Weekly Update - June 14th, 2021

06.13.21
Last week was a confusing one for the dollar and for markets in general. First, the yield on the U.S. 10-year fell below 1.50% and ended the week at 1.45%. Oil has rallied and is now dealing at $70.78/bbl. U.S...

FX Weekly Update - June 7th, 2021

06.07.21
Last week was an “exercise in futility” for the dollar. It rallied, fell, rallied, and ended the week close to where it began. Throughout the week economic data was released which was highlighted by both U.S. and Canadian employment...

FX Weekly Update - June 1st, 2021

05.31.21
This week the dollar begins in familiar territory sitting near its recent low, even after some positive economic news! Durable goods ex. transportation (1.0%) GDP (6.4%), initial jobless claims (406k), personal consumption expenditures (3.6%) and finally, personal income (-13.1%). All of these numbers...

FX Weekly Update - May 24th, 2021

05.24.21
GreenshootsFX is committed to providing the most accurate, and up-to-date market information. Our focus is to give the corporate treasury, risk managers or any individual, that is tasked with reducing the cost of foreign currency transactions. We will be introducing...

FX Weekly Update - May 17th, 2021

05.16.21
Last week’s theme was inflation. CPI and PPI were released in the U.S. and both surprised with the CPI printing 4.2% year over year (forecasts were 3.6%) and PPI beat forecasts (5.9%) with a 6.2% number. Equity markets fell for three days...

FX Weekly Update - May 10th, 2021

05.10.21
What a week we’ve just been through! The much-anticipated U.S. employment report was disappointing, adding only 266,000 non-farm jobs versus the forecast of circa 1MM. In any other economic recovery, this would have been a strong number. The 10-year...