FX Markets Weekly Wrap Strong US data & hawkish Fed add to the dollar rebound Another round of robust US economic data and renewed hawkish rhetoric from Fed officials has given the US dollar a boost this week. With economic activity holding up better than we and most others had... 17th February 2023 · 10 mins read
FX Markets Weekly Wrap Dollar edges higher ahead of US CPI data next week The US dollar is set to end the week a touch stronger against most currencies, adding to its gains last week. But, aside from the Japanese yen round-tripping on news over the next BoJ governor, it’s... 10th February 2023 · 11 mins read
FX Markets Weekly Wrap Robust US economic data spark a rebound in the greenback The US dollar looks likely to record its largest weekly rise against other major currencies since its cyclical peak in September of last year. While investors’ dovish interpretations of announcements... 3rd February 2023 · 11 mins read
FX Markets Weekly Wrap US dollar remains rangebound ahead of key central banks The US dollar looks set to end another week broadly unchanged against most major currencies. Activity data released this week seemed consistent with resilience in European economies and near... 27th January 2023 · 13 mins read
FX Markets Weekly Wrap BoJ pushes back while the dollar continues to tread water The US dollar looks set to end the week broadly flat against major currencies after, by recent standards, a quiet week in FX markets. But Wednesday may have offered a glimpse of what is to come over... 20th January 2023 · 9 mins read
FX Markets Weekly Wrap Yen rally continues as Yield Curve Control circles the drain The US dollar has remained under pressure as hopes of a “soft landing” continue to build and risk sentiment improves. While yesterday’s key US CPI data came out roughly in line with consensus... 13th January 2023 · 10 mins read
FX Markets Weekly Wrap Dollar rebound stalls on softening US economy Financial markets have begun 2023 on a cautious note, see-sawing on mixed data. Although it has dropped back today, the US dollar has started the new year on the front foot, rising against most other... 6th January 2023 · 9 mins read
FX Markets Weekly Wrap BoJ ends chaotic year in currency markets with a bang The BoJ’s surprise decision to widen the tolerance band around its yield curve control target earlier this week will hopefully prove the final curveball of what has been an eventful year across... 23rd December 2022 · 12 mins read
FX Markets Weekly Wrap ECB steals the show, but the dollar rebounds After a choppy few days in financial markets, the US dollar is ending the week a touch stronger against most other major currencies as risk sentiment has worsened sharply in the wake of the latest... 16th December 2022 · 10 mins read
FX Markets Weekly Wrap FX markets calm ahead of central bank meetings & US CPI Even after a small boost following the release of US PPI data today, the US dollar seems set to end this “data-light” week broadly unchanged against most major currencies. By contrast, we suspect next... 9th December 2022 · 11 mins read
FX Markets Weekly Wrap Dollar’s struggles continue on Powell’s mixed messages Today’s US non-farm payrolls data provided some relief to the US dollar, but it still looks set to end the week lower against most major currencies. This weakness mostly reflects the market reaction... 2nd December 2022 · 10 mins read
FX Markets Weekly Wrap “Pivot” hopes keep the dollar on the back foot The US dollar came under renewed pressure and is set to end the week lower against most major currencies. To a large extent, this weakness came in response to surprisingly strong durable goods data... 25th November 2022 · 9 mins read
FX Markets Weekly Wrap Hawkish Fed-speak stabilises the dollar The dollar has recouped a bit of ground this week as Treasury yields have stabilised and the rally in risky assets has stalled, but the greenback remains well below its late September peak. As we... 18th November 2022 · 11 mins read
FX Markets Weekly Wrap Soft CPI data derail the dollar amid hopes for a Fed “pivot” The dollar is set to end the week substantially lower, adding today to its broad-based weakness following the softer-than-expected US October CPI report. The data were in line with our view that... 11th November 2022 · 9 mins read
FX Markets Weekly Wrap Hawkish Powell trumped by payrolls & China optimism After another turbulent week in currency markets, the US dollar looks set to end the week a touch lower against most major currencies after a mixed US payrolls report and hopes that China is about to... 4th November 2022 · 9 mins read
FX Markets Weekly Wrap Dollar can climb higher even if the Fed “steps down” The US dollar looks set to end the week lower amid a rally in most riskier assets and currencies, driven in large part by renewed hopes that the Fed and other major central banks will soon slow the... 28th October 2022 · 10 mins read
