Foreign Exchange Solutions

Friday July 1st, 2022

The US$ firms, oil prices strengthen, equity markets & US yields are mixed as risk assets remain under pressure. Risk assets remain at the centre of investors selling spree while safe havens continue to advance. The 10-year US Treasury yields slid below 3%, back to early June levels, while the U...
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Thursday June 30th, 2022

The US$ extends gains, oil prices are flat, while equity markets & US yields are down amid mounting recession concerns. Currency & equity markets came under renewed selling pressure after central bank chiefs call an end to an era of low rates, issues warnings on inflation and fueled concern ...
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Wednesday June 29th, 2022

The US$ & oil prices are steady, equity markets are down, while US yields are mixed on economic growth concerns. Equity, oil & currency markets slipped on renewed worries about economic growth as monetary policy tightens in much of the world to fight inflation. Spanish inflation unexpectedly...
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Tuesday June 28th, 2022

The US$ steadies, oil prices firm, equity markets and US yields are up as China eases covid restrictions. China cut its quarantine time in half for new arrivals to 7 days, easing investor concerns about global growth. China’s central bank pledged to keep monetary policy supportive to help the nati...
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Friday June 24th, 2022

The US$ weakens, oil prices firm, equity markets strengthen, while US yields rise as markets look beyond short-term interest rate hikes. Investors continue to focus on how central banks will battle surging inflation levels while managing heightened recession risk. The US$ slipped, heading into its f...
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Thursday June 23rd, 2022

The US$ firms, oil prices slip, while equity markets and US yields are down as recession fears grow. Fed Chair Powell warned US recession ‘certainly a possibility’, saying the economy is resilient but factors beyond his control raise risk of inflation surprises. Chairman Powell accepted that ste...
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Wednesday June 22nd, 2022

The US$ consolidates, oil prices tumble, equity markets fall, while US yields are mixed ahead Fed Chair Powell’s testimony. Equity markets, US yields, commodity and currency markets came under fresh selling pressure amid warnings that Federal Reserve monetary tightening may lead to an economic slo...
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Tuesday June 21st, 2022

The US$ falls, oil prices firm, while equity markets and US yields are up amid improved investor sentiment. Risk-on sentiment this week improved by comments from President Biden that a US recession isn’t “inevitable”, but the outlook is cautious as investors remain uncertain if the market has ...
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Friday June 10th, 2022

The US$ extends gains, oil prices steady, equity markets fall, while US yields are mixed ahead of the US inflation report. US Consumer Price Index (yoy-May) is expected to hold steady at 8.3%, while core inflation is expected to have cooled slightly to 5.9% (yoy-May) down from 6.2% April. Investors ...
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Thursday June 9th, 2022

The US$ is flat, oil prices are steady, equity markets are down while US yields are mixed ahead of the ECB monetary statement. The EBC is expected to keep interest rates on hold, end its bond purchases and hike once in July and again in September, lifting the deposit rate from -0.5% to zero. Investo...
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