FX Markets Weekly Wrap FX Weekly: US dollar going nowhere fast, but the yen is on the move Despite a continued steady stream of headlines out of the Trump administration, currency markets have remained remarkably calm this week. The dollar has stabilised today but remains around its lowest... 21st February 2025 · 5 mins read
FX Markets Weekly Wrap Dollar falters further as tariffs & Ukraine trump hot CPI Despite Wednesday’s hotter than expected US CPI report, the greenback remains on the backfoot as the dollar “Trump trade” has gone into reverse. Between news on President Trump’s tariffs plans, his... 14th February 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Tariff relief may prove fleeting for currency markets The dollar’s boost from tariff announcements last weekend proved short-lived and, despite rallying a bit in response to the latest Employment Report, the greenback is set to end the week lower against... 7th February 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Dollar on the up as tariffs loom The dollar looks set to come out on top against most currencies after a week of central bank meetings, corporate earnings and economic data generally shifted yield gaps in its favour and reinforced US... 31st January 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Disappointment for the dollar in Trump’s first week back The dollar is ending President Trump’s first week back in office on the backfoot. Between the absence of immediate tariffs in this week’s flurry of executive orders, Trump’s renewed attacks on the Fed... 24th January 2025 · 5 mins read
FX Markets Weekly Wrap FX Weekly: Currency calm before Trump’s tariff storm hits? Despite further large swings in bond markets this week, moves in currency markets have for the most part remained relatively muted ahead of Donald Trump’s inauguration next week. The dollar is broadly... 17th January 2025 · 5 mins read
FX Markets Weekly Wrap Dollar starts the year with a bang; sterling tumbles 2025 is off to a hot start, with plenty of volatility across financial markets over the first full week of the year and the US dollar rallying on the back of a blockbuster US non-farm payrolls report... 10th January 2025 · 5 mins read
FX Markets Weekly Wrap Dollar ends the year with a bang; more to come in 2025? The FOMC’s hawkish surprise earlier this week has allowed the dollar to break through the top of its post-2022 range, putting it firmly on the front foot going into 2025. With the BoJ and the BoE both... 20th December 2024 · 6 mins read
FX Markets Weekly Wrap Dollar still going strong as FOMC announcement nears Halfway through the December round of central bank policy announcements the US dollar remains on the front foot, with the DXY index again close to its post-2022 high. Arguably, the dollar’s strength... 13th December 2024 · 6 mins read
FX Markets Weekly Wrap Currency calm continues ahead of key central bank meetings Despite a small rebound in the wake of another solid non-farm payrolls release, the US dollar is broadly unchanged on the week as the recent consolidation phase in currency markets continues. Neither... 6th December 2024 · 5 mins read
FX Markets Weekly Wrap Dollar consolidation for now; yen rally likely to continue The US dollar has finally hit a speedbump this week, with the DXY index registering its first weekly drop since late September. Given the continued resilience of the US economy – we expect next week’s... 29th November 2024 · 6 mins read
FX Markets Weekly Wrap Dollar goes from strength to strength The US dollar has rallied further this week as investors have continued to price in the implications of a second Trump term and digest weak economic data in key trading partners. This rally has taken... 22nd November 2024 · 5 mins read
FX Markets Weekly Wrap Making the dollar great again The US dollar continues to build on its post-election rally, with the DXY index now at its highest level in more than a year. While a period of consolidation looks likely in the near term given the... 15th November 2024 · 6 mins read
FX Markets Weekly Wrap Trump, tariffs, and the dollar While President Trump’s return to the White House and the apparent Republican sweep in Congress made a big splash in currency markets – Wednesday saw the largest single day rise in the DXY index since... 8th November 2024 · 5 mins read
FX Markets Weekly Wrap The calm before the storm for currencies? Currency markets are ending the week broadly unchanged, on net, leaving the US dollar near a three-month high ahead of next week’s pivotal election. With polls continuing to point to a very tight race... 1st November 2024 · 6 mins read
FX Markets Weekly Wrap Dollar still on the front foot as the election(s) draw nearer The US dollar has continued to edge higher this week even in the absence of much economic data, suggesting that the gradual shift in the US election odds in favour of former president Trump continues... 25th October 2024 · 5 mins read
