Foreign Exchange Solutions

Friday December 31st, 2021

The US$ is flat, Oil prices & equity markets weaken and US yields dip as markets consolidate on the last trading day of 2021. Markets are consolidating after Thursday’s choppy trading session with major currencies stable in quiet trading. Intraday we expect markets to remain thin, but with no ...
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Thursday December 30th, 2021

The US$ rebounds, oil prices slip, equity markets are mixed and US yields dip as covid concerns increase. The US$ index rebounds, equity markets end their 7-day winning streak and oil prices recede as Omicron cases globally sets a new daily record. Intraday year-end ‘book’ adjustments, US initia...
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Wednesday December 29th, 2021

The US$ is flat, Oil prices weaken, equity markets are mixed while US yields edge higher in thin holiday markets. The US$ is finding support on a combination of approaching rate hikes by the Fed, firmer US yields and the reduced expectations of future lockdowns in the US. Intraday US Pending Home Sa...
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Friday December 24th, 2021

The US$ is flat, oil prices are down, equity markets & US yields are mixed as risk sentiment improves. Equity markets edge higher while the US$ is set for its worst week since September on signs that the Omicron variant is not expected to significantly derail global economic growth. Expect curre...
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Thursday December 23rd, 2021

The US$ is flat, oil extends gains, while equity markets & US yields firm ahead of today’s busy US economic docket. There are a number of key economic data releases today including US Jobless claims, Nondefense Capital Goods Orders, Personal Consumption Expenditures, Personal Income, Michigan ...
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Wednesday December 22nd, 2021

The US$ slips, oil prices edge higher, equity markets are up, while US yields are mixed ahead of the US GDP report. A cautious mood is providing an underlying support to the US$ ahead of today’s US GDP, US Consumer Confidence data and President Biden’s speech. The US GDP (annualized) is expected...
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Tuesday December 21st, 2021

The US$ eases, oil prices firm, equity markets and US yields rebound as risk appetite recovers. Markets rebounded in early trading as investors’ appetite for risk improved despite ongoing caution amid the rapid spread of Omicron globally. Markets will be focused US Senator Manchin reversal as he p...
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Monday December 20th, 2021

The US$ is flat, oil prices fall, equity markets & US yields are down as risk-off sentiment increases. The surging number of Omicron cases globally and increasing concerns over tightening restrictions triggered a flight to safety in early trading. There are no key economic releases today, so exp...
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Friday December 17th, 2021

The US$ is steady, oil prices fall, equity markets and US yields are mixed as risk mood eases. Currency markets retreat, the US$ index rebounded above 96.00 as markets refocus on the global surge of the Omicron variant and geopolitical uncertainties. Intraday there are no high-tier macroeconomic dat...
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Thursday December 16th, 2021

The US$ eases, oil prices firm, equities markets rise, and US yields slip into Super Thursday. Wednesday the Fed met market expectations by announcing tapering and set the stage for earlier, faster interest rate hikes as inflation soars. The US$ consolidated on the Fed announcement as investors swit...
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