Foreign Exchange Solutions

Wednesday November 30th, 2022

The US$ eases, oil prices firm, equity markets are up, while US yields are mixed as investors await the Fed Chairs speech. Risk-on sentiment improves ahead of Fed Chairs Powell’s speech today where he is expected comment on the economy and the labor markets. Powell is expected to signal that the F...
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Tuesday November 29th, 2022

The US$ weakens, oil prices strengthens, equity markets are up while US yields fall as China protests ease. Market optimism cautiously improves as speculation mounted that unrest in Chinese cities over covid restrictions may force authorities to move faster in loosening covid curbs. Beijing today pl...
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Monday November 28th, 2022

The US$ weakens, oil prices tumble, while Equity markets and US yields fall as risk sentiment dampens. Equity markets & oil markets slump on covid unrest in China as protests raise global growth concerns and complicates expectations of the China’s path to reopening. China’s industrial pr...
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Friday November 25th, 2022

The US$ and oil prices strengthen, equity markets are mixed, while US yields rise as markets remain subdued amid thin volumes on Black Friday. Equity markets are mixed heading into Black Friday sales, with retail companies under pressure as the holiday shopping season kicks off amid concerns of slow...
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Thursday November 24th, 2022

The US$ eases, oil prices weaken, equity markets are up, while US yields slip after the Fed minutes. Risk sentiment improved after the Federal Reserve meeting minutes showed support for more moderate interest rate increases even as some underscored the need for a higher terminal rate. We anticipate ...
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Wednesday November 23rd, 2022

The US$ eases, oil prices fall, equity markets firm, while US yields are mixed ahead of the FOMC minutes. The Fed minutes are expected to show a degree of support for higher peak for interest rates than previously signaled in the Feds fight against inflation. Economist at Rand Merchant Bank said, ...
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Tuesday November 22nd, 2022

The US$ is lower, oil prices strengthen, equity markets are up, while US yields fall on Fed comments. Risk sentiment improves on comments from San Francisco Fed President Daly said that officials need to be mindful of the lags in the transmission of policy changes, while Cleveland Fed President Mest...
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Monday November 21st, 2022

The US$ rallies, oil prices ease, equity markets weaken, while US yields rise on increased China covid concerns. Risk sentiment waned amid concern that China may tighten covid restrictions after several covid-related deaths were reported over the weekend. Worsening covid outbreaks across China incre...
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Friday November 18th, 2022

The US$ & oil prices edge lower, equity markets firm and US yields rise as the Feds message is digested. Investors consider comments from several Fed speakers on Thursday, St Louis Fed Bullard said that “the policy rate is not in a zone that may be considered sufficiently restrictive.” He su...
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Thursday November 17th, 2022

The US$ strengthens, oil prices weaken, equity markets are down, while US yields rise as Fed speakers dampen risk sentiment. Risk sentiment eases as stronger-than-expected US economic data and a raft of Fed speakers dampened expectations the Federal Reserve could end its rate-hiking cycle earlier th...
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