Inflation Continues to Quell Fed Cuts

Inflation Continues to Quell Fed Cuts

Last week we saw the US inflation report come in higher than expected. YoY dropped to 3.1% but it fell less than markets expected. The led the DXY Index to new 3-month highs and push lower yielding currencies like Yen to new lows. Any hopes of a March rate cut are now...
Inflation Continues to Quell Fed Cuts

Inflation Continues to Quell Fed Cuts

Last week we saw the US inflation report come in higher than expected. YoY dropped to 3.1% but it fell less than markets expected. The led the DXY Index to new 3-month highs and push lower yielding currencies like Yen to new lows. Any hopes of a March rate cut are now...
Inflation Continues to Quell Fed Cuts

Quiet week with volatility on the horizon

Last week was a quiet one as lack of further data coupled with the expectations of early rate cuts from the Fed diminishing. The Fed is currently holding rates with a March cut priced at 20% compared to 65% at the beginning of 2024. The USD broadly moved in a sideways...
Quiet week with volatility on the horizon

Quiet week with volatility on the horizon

Last week was a quiet one as lack of further data coupled with the expectations of early rate cuts from the Fed diminishing. The Fed is currently holding rates with a March cut priced at 20% compared to 65% at the beginning of 2024. The USD broadly moved in a sideways...
Inflation Continues to Quell Fed Cuts

Quiet week with volatility on the horizon

Last week was a quiet one as lack of further data coupled with the expectations of early rate cuts from the Fed diminishing. The Fed is currently holding rates with a March cut priced at 20% compared to 65% at the beginning of 2024. The USD broadly moved in a sideways...