External broker reports(aggregated public sources), Scotiabank

Scotiabank

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

FX & Rates

<ul><li>The USD remains range-bound in broad terms and is trading mixed on the session again in the absence of a stronger sense of direction across the major currencies.</li><li>Gains in the dollar index (DXY) peaked around 103.8 yesterday, equating to a retest of last week’s high.</li><li>The turn lower in the index tilts short-term technical risks to the downside and a test of the 103 area but whether the markets can muster the momentum to push lower ahead of Wednesday’s FOMC decision remains to be seen. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The USD remains range-bound in broad terms and is trading mixed on the session again in the absence of a stronger sense of direction across the major currencies.Gains in the dollar index (DXY) peaked around 103.8 yesterday, equating to a retest of last week’s high.The turn lower in the index tilts short-term technical risks to the downside and a test of the 103 area but whether the markets can muster the momentum to push lower ahead of Wednesday’s FOMC decision remains to be seen. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

USD

FX Daily - USD Slips on Lower Yields