2023 February Outlook for G7 Currencies Dollar Fundamental perspective: The dollar retraced to the year-high of 105, after a strong rally in February on the back of robust employment data and persistent inflation figures. Non-farm employment rose by close to triple market forecasts, while unemployment dropped to the...
2023 January Outlook for G7 Currencies Dollar, Euro and Pound Dollar pared gains to reach new lows as the Fed nears the end of its tightening cycle The dollar index fell to lows last seen in June 2022, as the Fed nears its target terminal rate of 5%....
2022 December Outlook for G7 Currencies Dollar, Euro and Pound Dollar pared gains on anticipation of a slower pace of Fed tightening going forward Dollar erased gains coming into December year as markets anticipate a slower pace of interest rates hike by the Fed moving forward. Softer inflation...
2022 November Outlook for G7 Currencies Dollar, Euro and Pound Dollar index extended its decline The value of the dollar index has been volatile in recent days, falling below 106 in November, as investors assess a range of economic factors. One factor contributing to the fluctuation in...
2022 October Outlook for G7 Currencies Dollar, Euro and Pound Dollar pared gains as Fed considered easing its pace of tightening cycles Fed had previously raised rates by 75 basis points and signalled that the pace of future rate hikes may slow. However, Powell's comments led to...
2022 September Outlook for G7 Currencies Dollar, Euro and Pound Dollar extended its rally supported by hawkish Fed The Dollar Index rallied to a new 20-year high of 109.5 at the end of the month, following the strong emphasis by the Fed in continuing to tighten their monetary...
2022 August Outlook for G7 Currencies Dollar, Euro and Pound Dollar pared recent gains as Fed tempered guidance The Dollar index retreated after hitting its 20-year high of 109, with demand weighed down by recession fears and poor business sentiments. Less aggressive rate hikes of 75 bps...
2022 July Outlook for G7 Currencies Dollar, Euro and Pound Dollar remains supported as inflation showed no signs of easing The Dollar index rallied to a fresh 20-year highs of 109 on Friday, as recession fears, safe-haven inflows and prospects of higher interest rates continue to buoy demand...
2022 June Outlook for G7 Currencies Dollar, Euro and Pound Dollar rally pauses for breadth: Dollar retreated from its 20-year high following expectations that the Fed could pause its tightening cycle after hikes of 50 basis points in June and July. The latest FOMC minutes released hinted...