Foreign Exchange Solutions

Friday April 22nd, 2022

The US$ rallies, oil prices fall, equity markets are down, while US yields rally following hawkish Fed comments. Fed Chair Powell at the IMF spring meeting on Thursday said taming inflation ‘absolutely essential’, acknowledged a 50 basis points hike possible in May and noted that the US labor ma...
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Thursday April 21st, 2022

The US$ weakens, oil prices firm, equity markets are mixed, while US yields rise as risk sentiment improves. Equity markets rose on a strong start to the earnings reporting season which allayed concerns of a recession in the US. Wednesday Fed Daly says the US economy can handle rate hikes, but a mil...
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Wednesday April 20th, 2022

The US$ weakens, oil prices hold steady, equity markets rally, while US yields dip as inflation concerns ease. BofA’s forecast headlined saying, US 10-year real yields turned positive for the first time since March 2020, signaling a potential return to the pre-pandemic normal – “Our foreca...
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Tuesday April 19th, 2022

The US$ steadies, oil prices slip, equity markets are mixed, while US yields rise as risk-off sentiment continues. The US$ index hits its highest level (101.02) in 2-years, JPY drops to a fresh 20-year low vs US$, corn rallies towards 10-year highs as supply concerns, a hawkish Fed and Russia’s re...
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Monday April 18th, 2022

The US$ rallies, oil prices steady, equity markets are mixed, while US yields firm in thin Easter Monday trading. The US$ extends gains beyond March 2020 highs as investors weigh the prospect of faster policy tightening by the Federal Reserve. Currency & Equity markets are relatively thin with A...
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Thursday April 14th, 2022

The US$ dips, oil prices slip, equity markets are mixed, while US yields ease as risk sentiment improves. The US$ index weakens potentially snapping a 9-day winning streak amid improving risk sentiment and easing US yields. Euro rebounds as focus shifts to the ECB interest rate decision; the central...
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Tuesday April 12th, 2022

The US$ is higher, oil prices rally, equity markets are down, while US yields firm heading into the US inflation report. Markets are focused on the US CPI report as economists expect inflation rose 1.1% in March vs February, while year-over-year gain is expected to be 8.4%, the highest since Decembe...
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Monday April 11th, 2022

The US$ is steady, oil prices are down, equity markets are lower while US yields rise on geopolitical & economic risks. France’s Macron holds his narrow lead over challenger Le Pen, the Fed last week signaled sharp interest rate hikes keep pressure on equity markets, while in China covid curbs...
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Friday April 8th, 2022

The US$ edges higher, oil prices firm, equity markets are up, and US yields rise as global rate hikes & geopolitical risks shake investors. Equity markets and oil prices rebound but remain set for weekly declines while the US$ index attempts 100.00, its highest level since May 2020 on Fed policy...
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Thursday April 7th, 2022

The US$ firms, oil prices strengthen, equity markets are mixed, while US treasury yields ease post the FOMC minutes. The FOMC minutes highlighted the preference for a 50bp increase and the Fed is planning to start reducing the balance sheet after the May meeting. The US$ Index tested a near 2-year h...
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