May 14, 2022
  • May 14, 2022

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Australian Dollar Outlook: Commodities Dominate AUD

by on March 7, 2022 0
The Australian dollar gained ground last week as turbulence from the Russian invasion of Ukraine rippled through markets. While central banks and underlying fundamentals still have a role to play, the bigger picture could see capital flows dominate the AUD. Trade data released during the week came in better than expected at AUD 12.9... Read More

Upcoming week: February 28, 2022

by on February 26, 2022 0
It’s been quite a week of volatility as investors reacted to events unfolding in Ukraine and the West’s response in terms of sanctions against Russia. Stocks fell on Monday, rallied on Tuesday, plunged again on Wednesday, then rose sharply on Thursday, before extending those gains on Friday. The final result ? A roller coaster... Read More

Forex movements reflect various factors

by on February 15, 2022 0
Reuters reported that Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the central bank‘s offer to buy unlimited government bonds reflected his view that the recent rate hike long-term interest of the country was due to factors unrelated to its economy. “We don’t plan to conduct such an operation frequently. We will... Read More

Upcoming week: February 14, 2022

by on February 12, 2022 0
It’s been a hell of a week in the markets and a great Thursday for volatility. Consumer inflation beat expectations again in the United States, reaching its highest level since 1982 at 7.5%. This caused panic from at least one Fed official and investors stepped up their bets on a rate hike. The result?... Read More

January’s US CPI may not benefit the DXY

by on February 10, 2022 0
Rising inflation impressions from the US could hurt rather than support the US Dollar Index (DXY). A big beat on the January CPI is needed Rising inflation is printing damage in the US rather than supporting the US Dollar Index (DXY). The median consensus already calls for a print of 7.3% y/y with a... Read More

S&P 500 rises after Amazon earnings, jobs report

by on February 4, 2022 0
The S&P 500 and Nasdaq Composite rose on Friday, pushing major stock indexes to weekly gains, after a better-than-expected January jobs report showed the economy continues to grow solidly. The tech-focused Nasdaq Composite jumped 219.19 points, or 1.6%, to end at 14098.01, a day after the index posted its biggest loss since September 2020.... Read More

Sterling rises as UK inflation jumps

by on January 19, 2022 0
The British pound is in positive territory after falling for three consecutive days. GBP/USD broke through the 1.36 line and is trading at 1.3635 during the North American session, up 0.27% on the day. UK inflation at 30-year high Anyone who reads the news has seen many headlines shout “US inflation hits 30-year high!”.... Read More

FOREX-Dollar Falls After US Jobs Report

by on January 7, 2022 0
(Add details, update prices; change signature, date; previous LONDON) By Chuck Mikolajczak NEW YORK, Jan. 7 (Reuters) – The US dollar edged down against a basket of major currencies on Friday on the heels of December’s jobs report that fell short of expectations. The dollar index weakened after the Labor Department said non-farm payrolls... Read More

Sunset Market Commentary – Forex Stock

by on December 13, 2021 0
Markets 20. This is roughly the number of central banks that will hold their last policy meeting in 2021. The big events this week notably the Fed (Wednesday), the Bank of England and the ECB (both Thursday). Turkey, Norway, Switzerland, Japan, Russia, Hungary and many more along with important economic data (EMU PMI, US... Read More

Two transactions to watch: EUR / USD, gold

by on November 3, 2021 0
EURUSD turns to Fed EURUSD stabilizes after falling 0.23% in the previous session. The weak euro zone manufacturing PMI has hit the euro. Data revealed that plant activity slowed to an 8-month low. Today, all eyes are on the Fed. The US central bank is expected to reduce its bond purchases. Investors will be... Read More

FOREX-Dollar declines with Fed policy decision in sight

by on November 1, 2021 0
* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (add analyst comment, update prices) By John McCrank NEW YORK, Nov. 1 (Reuters) – The dollar eased against its main rivals on Monday, after posting its biggest daily rise in more than four months in the previous session, as traders position ahead of the highly anticipated meeting of... Read More

Central banks – Playing catch-up with inflation

by on October 30, 2021 0
By Natalia Gurushina, Chief Economist, Emerging Markets Bond Strategy, VanEck The poor publication of Polish inflation indicates that it is too early for the central bank to relax. Brazil may have been one of the budget stars of emerging markets this year – can the government resist the temptation to spend more? Some central... Read More

EUR / GBP likely to be volatile as BOE-ECB risks grow

by on October 27, 2021 0
Key talking points: EUR / GBP ffinds support as traders prepare for ECB and BOE meetings The GBP’s hawkish expectations give way to disappointment EUR / GBP continues to trade on a downtrend, with the pound remaining supported by expectations that the Bank of England will need to step up efforts to reduce monetary... Read More

The abundance of liquidity in the financial system will not go away even after the Fed cuts its bond purchases

by on August 6, 2021 0
There is an abundance of liquidity floating around the financial system, thanks to the Federal Reserve’s efforts to support the U.S. economy since the outbreak of the pandemic in March of last year. And even if the central bank completes cutting its $ 120 billion in monthly bond purchases next year, “liquidity should continue... Read More

What does central bank divergence mean for FX?

by on July 9, 2021 0
There has been a massive change in the world of central banking lately. Some have taken small steps towards getting out of cheap money and ultimately raising interest rates, but others have not. We appear to be entering a period when economies that raise their rates may see their currencies appreciate against those that... Read More

Monetary policy around the world is too loose

by on June 26, 2021 0
This commentary was posted recently by fund managers, research firms, and market newsletter writers and was edited by Barron’s. June 24: Is monetary policy backtracking in this highly unusual cycle? Markets only took a fleeting blow from the Fed’s slight pullback from uber-dovishness last week, as the big picture is that almost all central... Read More

Fed’s Kashkari opposes rate hike until at least 2023

by on June 18, 2021 0
Just three months earlier, the clear majority of policymakers were in favor of leaving the current level of borrowing costs unchanged; The central bank‘s Quarterly Summary of Economic Projections (SEP) on Wednesday showed that 11 of the 18 Fed policymakers were planning at least two quarter-percentage point rate hikes by the end of 2023.... Read More

XAU / USD could rise after RBNZ as Fedspeak remains accommodating

by on May 26, 2021 0
Gold, XAU / USD, Treasuries, Fed, Consumer Confidence, RBNZ, Technical Analysis – Talking Points: Gold prices extended April’s rebound as Treasury yields declined RBNZ appears to be fueling USD weakness, pushing XAU / USD higher Gold could rise towards 61.8% Fibonacci retracement level Anti-fiat gold prices have risen over the past 24 hours, capitalizing... Read More

RBNZ Rate Decision Snapshot: Fireworks for NZD / USD?

by on May 25, 2021 0
NZD / USD, RBNZ Price Analysis and News RBNZ statement focused on NZD traders, expect forecast upgrades Market positioning for a hawkish result Today’s RBNZ monetary policy statement will be the primary focus for NZD traders. Since the central bank is expected to unanimously keep the cash rate at 0.25%, the primary focus will... Read More

Mexico: Banxico is still expected to keep rates stable throughout 2021-2022 – BBVA

by on May 14, 2021 0
Mexico’s central bank on Thursday, as expected, kept interest rates unchanged. Analysts in BBVA’s research department continue to expect Banxico to keep interest rates stable through 2021-2022, contrary to the more hawkish view of financial markets. They claim the central bank has become more concerned about inflation, but doesn’t seem overly concerned Key quotes:... Read More

Bank of Canada to cut bond buying: decision-day guide

by on April 20, 2021 0
Bank of Canada set to cut back on asset purchases amid a stronger-than-expected economic recovery, taking one of the most important steps ever taken by a developed country to reduce levels of emergency measures monetary stimulus. Governor Tiff Macklem is expected to cut weekly central bank government bond purchases on Wednesday to C $... Read More