FX Markets Chart Pack FX Markets Chart Pack (Feb. 2024) The US dollar has made further gains against most major currencies over the past month or so. Interest rate expectations have edged higher in the US and in most places outside Asia, weighing... 28th February 2024 · 1 min read
FX Markets Chart Pack FX Markets Chart Pack (Jan. 2024) After its sharp fall at the end of 2023, the US dollar has risen against most major currencies so far this year. Interest rate expectations have rebounded a bit in the US and in most places outside... 30th January 2024 · 1 min read
FX Markets Chart Pack FX Markets Chart Pack - November 2023 Despite a rebound over recent days, the dollar fell sharply in November and, in aggregate, is now roughly flat on the year as a whole. With interest rate expectations shifting down decisively in the... 30th November 2023 · 1 min read
FX Markets Chart Pack FX Markets Chart Pack (Oct. 2023) The dollar stayed strong in October but failed to add much to its broad-based rally since July. We think elevated US yields are likely to keep the greenback on the front foot, particularly if risk... 31st October 2023 · 1 min read
FX Markets Chart Pack FX Markets Chart Pack (Aug. 2023) Our FX Markets Chart Pack has been updated with the latest data and our analysis of recent developments. The dollar has rebounded in August but remains broadly unchanged on the year so far. We... 31st August 2023 · 1 min read
FX Markets Chart Pack FX Markets Chart Pack (Jul. 2023) The dollar remains broadly unchanged on the year so far, but we continue to think that it (and the yen) will rally over the second half of the year as the long-anticipated recessions finally takes... 31st July 2023 · 0 mins read
FX Markets Chart Pack Crosswinds continue in currency markets The US dollar has rebounded in recent weeks as resilient US economic data and renewed hawkish noises from the FOMC have revived the “higher for longer” narrative, shifting relative interest rate... 31st May 2023 · 8 mins read
FX Markets Chart Pack We think a rebound in the US dollar is still on the cards The US dollar has weakened again over the past month or so, leaving it only somewhat higher in trade-weighted terms since the start of its rally at the start of 2022. In other words, the greenback has... 26th April 2023 · 10 mins read
FX Markets Chart Pack We expect the US dollar to continue to edge higher Stronger-than-expected data out of the US have pushed up US yields more than elsewhere and drove the greenback higher against most currencies for the first time since its cyclical peak in October of... 23rd February 2023 · 11 mins read
FX Markets Chart Pack We still think safe-haven demand will push up the USD Optimism around China’s rapid re-opening and stronger-than-expected data out of Europe have put continued pressure on the US dollar over the past month or so. In turn, we have revised down our... 26th January 2023 · 11 mins read
FX Markets Chart Pack We expect the dollar to rebound in the new year The dollar has stabilised over the past month after its sharp fall in November, and we continue to think that a slowing global economy and worsening risk sentiment will lead to another (possibly final... 21st December 2022 · 9 mins read
FX Markets Chart Pack US dollar skids on rebound in risk sentiment Renewed optimism in global markets – in large part tied to hopes for a Fed “pivot” – pushed the US dollar down against most major currencies last month. But with a global recession on the horizon, we... 1st December 2022 · 11 mins read
FX Markets Chart Pack We don’t think the US dollar has peaked yet While the dollar has dropped back sharply over the past week, we continue to think that its rally has further to run as the global economy slows further and safe-have demand intensifies. 4th October 2022 · 11 mins read
FX Markets Chart Pack We now expect more weakness in European currencies While the euro, sterling, and most other European currencies have already fallen significantly against the dollar over the past year or so, we now expect them to weaken further over the next twelve... 1st September 2022 · 11 mins read
FX Markets Chart Pack We expect the US dollar to continue trending higher While the strength of the US dollar already reflects expectations that the Fed will continue its aggressive policy tightening, we think that disappointing global growth and weak risk sentiment will... 30th June 2022 · 11 mins read
FX Markets Chart Pack We think the dollar rally will eventually resume While the US dollar has fallen back over the past couple of weeks after a strong run, we think that the key underlying drivers of the greenback’s appreciation this year remain in place. 27th May 2022 · 11 mins read