FX Markets Weekly Wrap FX Weekly: Dollar falters as fiscal and trade policy concerns grow President Trump’s recommendation of a 50% tariff on the EU gave the dollar only a short-lived boost and the DXY index is still on track to snap a four-week ‘winning’ streak. This looks likely to be... 23rd May 2025 · 5 mins read
FX Markets Weekly Wrap Trade truce keeps the greenback on the front foot, mostly The de-escalation in the US-China trade war gave the dollar a renewed boost against most G10 currencies this week. But, a fall back in Treasury yields has taken away some of those gains as we head... 16th May 2025 · 5 mins read
FX Markets Weekly Wrap Wait-and-see FOMC gives the dollar some respite The dollar has edged higher against most major currencies over the week as a whole, supported by the FOMC’s pushback against expectations of policy easing in the near term. The turmoil in some Asian... 9th May 2025 · 5 mins read
FX Markets Weekly Wrap “Heads I lose, tails you win” for the dollar The dollar is ending the week on the backfoot, despite the ongoing normalisation and returning risk appetite across financial markets, as well as a generally decent set of US economic data. Somewhat... 2nd May 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Dollar rebound probably has a bit further to run Financial markets have continued to stabilise and the dollar has finally rebounded a little over the past few days. More than anything, that appears to reflect relief after the Trump administration... 25th April 2025 · 5 mins read
FX Markets Weekly Wrap Dollar keeps sliding despite calmer markets While the turmoil across financial markets has eased a bit this week, the dollar has continued to weaken across the board. The gap between actual exchange rates and what short-term interest rate... 17th April 2025 · 5 mins read
FX Markets Weekly Wrap USD: How to lose a safe haven status in 10 days? After another tumultuous week across financial markets, the dollar is on track for one of its worst weeks on record. At this point, the main question for the dollar is no longer what the direct... 11th April 2025 · 5 mins read
FX Markets Weekly Wrap Sorting through the post-liberation mess in currencies President Trump’s extraordinary “Liberation Day” announcement has prompted a major risk-off event across financial markets, sending safe-haven currencies soaring and commodity currencies crashing. It... 4th April 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Taking stock ahead of “Liberation Day” Despite President Trump’s decision to jump the gun with tariffs on the auto sector this week (ahead of next week’s widely trailed announcement on 2nd April), the dollar is ending the week broadly flat... 28th March 2025 · 5 mins read
FX Markets Weekly Wrap Dollar consolidating as tariff deadline draws nearer The dollar is ending the week broadly flat on net, continuing its stabilisation after February’s sell-off. With the latest round of central bank policy announcements in the rear-view mirror (having... 21st March 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Dollar stabilises ahead of FOMC The dollar has stabilised after its historic tumble last week, with the DXY index set to end broadly flat on the week. At the margin, the greenback was lifted by relatively hot CPI and PPI data this... 14th March 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Taking stock of the euro’s epic rally The dollar has suffered one of its largest weekly falls on record in the wake of President Trump’s latest tariff flip-flop, continued jitters around the health of the US economy and, most importantly... 7th March 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: A closer look at Trump tariff risks and currencies The greenback has rebounded this week as market participants have started to take President Trump’s continued tariff threats a bit more seriously and risk sentiment has soured. Even so, we think that... 28th February 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: US dollar going nowhere fast, but the yen is on the move Despite a continued steady stream of headlines out of the Trump administration, currency markets have remained remarkably calm this week. The dollar has stabilised today but remains around its lowest... 21st February 2025 · 5 mins read
FX Markets Weekly Wrap Dollar falters further as tariffs & Ukraine trump hot CPI Despite Wednesday’s hotter than expected US CPI report, the greenback remains on the backfoot as the dollar “Trump trade” has gone into reverse. Between news on President Trump’s tariffs plans, his... 14th February 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Tariff relief may prove fleeting for currency markets The dollar’s boost from tariff announcements last weekend proved short-lived and, despite rallying a bit in response to the latest Employment Report, the greenback is set to end the week lower against... 7th February 2025 · 5 mins read