by Anne Bannerman | Feb 20, 2024
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...
by Anne Bannerman | Feb 13, 2024
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...
by Anne Bannerman | Feb 6, 2024
Last week the US Dollar claimed the title of strongest currency of the week as the markets priced in rate cut rationale began to dissipate. This was also coupled with a strong risk on week as equities continued their stella run. The Fed dismissed any rate cut in March...
by Anne Bannerman | Jan 30, 2024
Last week the US Dollar gained slightly as we saw stiff resistance being met but the overall trend remains in place. Economic data was mixed including a stronger GDP number but softer CPE. The DXY gained a marginal 0.2% during the week. The Euro remains on the back...
by Anne Bannerman | Jan 23, 2024
Last week we saw a reversal of the previous week in Yields. Equities continue to remain strong as S&P reached new all-time highs, but bonds sold off. The Dollar moved higher after the previous weeks pause as US Yields rose. the DXY rallied 0.9% to close above 103....
