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...
328 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...
198 Views
FX Daily - USD Mixed as EUR Slides on Weak PMIs
FX Market Update—The USD is trading mixed to firmer on the day to extend the DXY’s rebound back through the low 101 area where I had expected...
177 Views
Global FX Strategy - USD Sentiment Deteriorates Sharply
Speculative Accounts’ overall positioning against the USD versus the major currencies reflected an aggregate short position of USD 19.9bn in the...
176 Views
FX Daily - GBP Tumbles on Lower UK CPI
USD edged off its lows Tuesday, perhaps reflecting the concerns I noted here yesterday that the sell-off had extended too far, too quickly.
191 Views