Foreign Exchange Solutions

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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Tuesday November 16th, 2022

The US$ weakens, oil prices steady, equity markets are mixed, and US yields ease as war escalation fears ease. Currency & commodities rebounded after US President Biden said the missile was unlikely to have been fired by Russia. The US President’s comments knocked the JPY & US$ lower, whil...
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Tuesday November 15th, 2022

The US$ weakens, oil prices dip, equity markets are mixed, while US yields fall as risk sentiment improves. Investors return to the global equity markets, encouraged by an easing in Sino-US tensions and improving confidence that the Federal Reserve will be able to slow its hiking pace. Markets were ...
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Monday November 14th, 2022

The US$ rallies, oil prices weaken, equity markets are mixed while US yields are up as Fed tone eases risk-on sentiment. Treasury yields & the US$ turned positive after comments on the weekend from Fed Reserve Governor Waller that policymakers had “a ways to go” before ending interest rate h...
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Thursday November 10th, 2022

The US$ edges higher, oil prices slip, equity markets & US yields are down heading into the US inflation report. Markets are sidelined ahead of the US inflation report which will have an impact on the scale of future Fed interest rate hikes. Economists polled by Reuters expect the Consumer Price...
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Wednesday November 9th, 2022

The US$ & oil prices steady, equity markets are down, while US yields rise as US Midterms return mixed verdict. The US$ Index steadies near its weakest level in a month as Midterm results challenge expectations for a Republican sweep. Republicans made gains in their drive to take control of cong...
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