Weekly market update 21 November - Dollar continued its climb, RBNZ's monetary policy meeting in focus this week 1. The Dollar extended its rally, reaching levels not seen since July 2020 as traders anticipate earlier Fed rate hikes to rein in inflation. Money markets are currently...
Weekly market update 14 November - Dollar extended its rally, RBA’s monetary policy meeting minutes in focus next week 1. The Dollar pared gains to close the week at around 94.3 after the first week of November, following a stronger-than-expected jobs data performance from the U.S....
Weekly market update 07 November - Dollar pared gains after Non-Farm Payrolls topped market forecasts, Bank of England surprised investors by leaving interest rates unchanged 1. The Dollar pared gains to close the week at around 94.3 after the first week of November, following a stronger-than-expected...
Weekly market update 31 October - Dollar rebounded with positive economic data, investors look forward to Fed policy meeting next week 1. The Dollar edged higher to 94.2, nearing its one year high of 94.6, supported by bets that rising inflationary pressure will force central...
Weekly market update 24 October - Dollar extended its decline, BOJ, ECB, and BoC monetary policy meetings in focus this week 1. The U.S. dollar dipped during the week, closing around 93.7 on Friday, as investors digested Fed Chair Jerome Powell’s speech which indicated that...
Weekly market update 17 October - Dollar pared gains, while riskier assets rallied after FOMC minutes cemented expectations of a Fed taper by the end of this year 1. The US Dollar snapped a 5-week winning streak as investors shifted their gaze to riskier assets...
Weekly market update 10 October - Dollar strength muted after disappointing jobs data, FOMC minutes in focus this week 1. The US Dollar’s bullish momentum was muted after Nonfarm Payrolls data released on Friday disappointed. The U.S. economy added only 194,000 jobs in September, a...
Weekly market update 01 October - Dollar extended its gains, US NonFarm Payrolls, RBA and RBNZ monetary policy meeting in focus next week 1. The US Dollar extended its gains to reach the highest level in nearly a year, boosted by expectations that the Fed...
Weekly market update 24th September - Dollar steadied after FOMC statement was released, Euro and Sterling suffered against the greenback 1. The U.S. dollar edged up to 93.5 as investors digested the latest FOMC statement and prospects for slower growth. Reflecting growing optimism for the...