FX Daily - USD Supported by Rising Yields
FX Market Update —The USD remains firm after yesterday gains. US Treasurys remain under pressure following the Fitch news and, perhaps more...
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Pent-Up Demand, Resilient Economy, and Rising Interest Rates (August 2, 2023)
Since 2020Q2, actual consumption has been below desired. The gap between the two —a measure of pent -up demand —explains in large part the...
482 Views
FX Daily -USD Mixed into Month-End, Eyes on NFP
The USD is mixed to slightly lower in quiet trade overnight. Stocks are trading in the green, mostly, while bond markets are weaker (rising yields...
245 Views
FX Daily - USD Softer Ahead of ECB and US GDP, PCE
FX Market Update —The FOMC decision largely delivered on expectations —a 1/4 point hike and Chairman Powell stressing data dependency on future...
392 Views
FX Daily - USD Slips Ahead of the Fed
FX Market Update —The Fed is widely expected to tighten 25bps today, taking the Fed funds target rate to 5.50%, but markets will be more intently...
286 Views