FX Markets Weekly Wrap Hawkish Fed & China risks point to a stronger dollar In a choppy week dominated by some surprising central bank announcements and the ongoing uncertainty around China’s property sector, the US dollar continued to make some headway, especially against... 24th September 2021 · 8 mins read
FX Markets Weekly Wrap Dollar edges higher ahead of the September FOMC meeting The dollar has risen against most currencies as markets have remained quiet ahead of next week’s monetary policy announcements. In addition to the FOMC, more than a dozen central banks in developed... 17th September 2021 · 11 mins read
FX Markets Weekly Wrap Dollar rebound looks unconvincing After weakening over the preceding two weeks, the US dollar has rebounded against most other currencies this week. Nonetheless, last week’s disappointing payrolls report and the slightly less upbeat... 10th September 2021 · 9 mins read
FX Markets Weekly Wrap Dollar remains on the back foot after August payrolls The US dollar was little changed following the surprisingly weak August payrolls data, despite a small rise in US government bond yields. It looks set to end another week lower against most currencies... 3rd September 2021 · 10 mins read
FX Markets Weekly Wrap Dollar rally reverses on dovish Powell; payrolls coming up The US dollar gave back much of its gains from last week, as appetite for risk recovered and Chair Powell’s much-anticipated speech today provided some relatively dovish guidance on the path for Fed... 27th August 2021 · 9 mins read
FX Markets Weekly Wrap Dollar rally continues as Jackson Hole approaches The US dollar has risen sharply this week, reaching its highest level of the year as continued fears about the spread of the “delta” variant and further evidence of growing risks in China (around its... 20th August 2021 · 10 mins read
FX Dollar rally takes a breather as US Treasury yields stall The US dollar looks set to end the week little changed against most currencies, as US inflation data – this week’s main data release – failed to push up the currency further. Next week, the minutes of... 13th August 2021 · 11 mins read
FX Dollar resumes its rally on the back of strong US data The US dollar is ending the week higher against most currencies, extending its gains alongside rising US Treasury yields following the stronger-than-expected July payrolls data. With Fed officials... 6th August 2021 · 10 mins read
FX Markets Weekly Wrap Dollar rally pauses as Fed & US data disappoint Following a strong run over the past month, the US dollar has weakened across the board this week after some softer-than-expected US data and a non-committal FOMC. Next week’s key data releases... 30th July 2021 · 10 mins read
FX The FOMC announcement may extend the dollar rally While the US dollar has fallen back a little against most currencies in the second half of the week as the sharp sell-off in risky assets and currencies on Monday was reversed, it looks set to end the... 23rd July 2021 · 9 mins read
FX Markets Weekly Wrap Dollar continues to edge higher despite stalling US yields While the US dollar rose sharply after Tuesday’s exceptionally strong inflation print, that was partly offset by Fed Chair Powell’s relatively dovish comments in his testimony to Congress. But overall... 16th July 2021 · 9 mins read
FX Markets Weekly Wrap Growth concerns buoy the dollar despite falling US yields Although it has fallen back a bit today after China delivered a surprise cut to banks’ reserve requirements, the US dollar has otherwise continued to appreciate against most currencies. The dollar’s... 9th July 2021 · 8 mins read
FX Markets Weekly Wrap The US dollar rally may have further to run The US dollar is ending the week stronger against most currencies, although it has fallen back a little this afternoon despite the stronger-than-expected non-farm payrolls report. While that reaction... 2nd July 2021 · 8 mins read
FX Markets Weekly Wrap US ISM and payrolls could add fuel to the dollar rally The US dollar seems set to end the week slightly weaker, but has held much of its gains following last Wednesday’s FOMC announcement. With increasing focus on the prospects for monetary tightening... 25th June 2021 · 9 mins read
FX Markets Weekly Wrap Fed surprise points to further dollar strength The FOMC’s optimistic assessment of the outlook and the significant shift up in its “dot plot” projections has sent the US dollar soaring over the past couple of days. We have brought forward our own... 18th June 2021 · 9 mins read
FX Markets Weekly Wrap All eyes on Wednesday’s FOMC announcement Although Treasury yields somewhat surprisingly fell after the larger-than-expected rise in last month’s inflation in the US, the dollar is ending the week slightly stronger against most currencies... 11th June 2021 · 9 mins read
