Yields Continue to Slip

Yields Continue to Slip

So, with the first full week of 2024 we saw a similar theme. Yields continued to slide, and equities were strong. US Data continued to beat expectations but overall, the week for FX ended reasonably unchanged. The Dollar ended the week unchanged. US data came in...
Yields Continue to Slip

Happy New Year

So, 2024 has arrived and we hope everyone had a fantastic Christmas break. Last week saw the markets still in semi holiday mode with some reversals of previous trends with the USD and Yields moving higher. The Dollar started 2024 on the front foot powering ahead...
Yields Continue to Slip

Dollar Regains Strength

Last week we expected US Yields to be the focus but, in the end, it was commodities. With Friday also being US Payrolls the beat that we saw Yields creep, but commodities sold off. The Dollar finally had a positive week. The DXY gained 0.8% to close just below 104 as...
Yields Continue to Slip

Yields Move Lower

Last week continued the theme as Yields broke lower and Bond buying picked up pace. Dollar selling was the currency trade of the week. The Dollar fell 0.2% despite some positive economic data. Core PCE was in line and despite GDP being revised higher this failed to...
Yields Continue to Slip

Yields Find Support

Last week was quieter than normal on the economic data side. The main focus remained Yields and the US Dollar. The Dollar was slightly lower on the week with the DXY down by just shy of 0.5%. Mixed economic data is not giving the US Dollar any way to gain traction at...