Markets await Yellen’s two day testimony
Becalmed markets are just showing a few signs of life this morning with many dollar bulls expecting today to mark the start of the dollar’s very widely expected recovery. Janet …
Read MoreBecalmed markets are just showing a few signs of life this morning with many dollar bulls expecting today to mark the start of the dollar’s very widely expected recovery. Janet …
Read MoreThe week gets off to a very quiet start with little in the way of economic data out today which doesn’t help much with the overall lack of volatility as …
Read MoreThe remarkable thing about yesterday and also this week is just how little the single currency has reacted to a 4% correction in European stocks (Eurostoxx 50 index) over the …
Read MoreAt least one FOMC guessing game ended last night after the minutes revealed that tapering will end in October with a final $15 billion reduction in asset purchases, rather than …
Read MoreIndices plunged yesterday and investors sought safe havens such as the Yen as concerns over the up and coming earnings season have put a dampener on risk assets. One of …
Read MoreAfter a good start to the month (strong employment report), the dollar has settled into a steadier tone so far during July. On the cross rates, the most interesting move …
Read MoreThe rise in the dollar over the past few sessions has coincided with a rise in bond yields, with the 10Y now near the top of the 2.45%-2.65% range that …
Read MoreThe dollar has started the second half of the year with the confidence that was expected in the first half. Of course it’s early days, but we did see the …
Read MoreWe enter the most important trading day of the week, with both the US employment report and ECB meeting on the agenda. Â The market was looking for a 215k increase …
Read MoreYesterday FX markets were taking a breather after the relative drama of month end. Most majors clung close to opening levels for most of the session. The main exception was …
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