FX Snapshot - Fitch Ratings Cut Not Fatal, but Not Good for the USD
Fitch’s announcement late yesterday that it was cutting the US sovereign credit rating by one notch to AA+ caught the market by surprise.
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FX Daily - Risk Off Mood Lifts USD
Market Update —The USD is trading firmer overall. Softer equity markets are casting a broadly risk -averse look to FX markets, although bonds have...
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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...
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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...
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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...
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