Foreign Exchange Solutions

Thursday March 3rd, 2022

The US$ extends gains, oil continues to rally, equity markets weaken, while US yields are mixed as risk sentiment sours. The US$ holds near 2-year highs, Aluminum hits record highs, while oil, coal, palm oil and wheat hit decade plus highs as the Ukraine war & Russian sanctions disrupt raw mater...
Read More

Wednesday 2nd March, 2022

The US$ is steady, oil rallies, equity markets & US yields rebound as safe-haven assets remain in demand as Russian attacks on Ukraine cities intensifies. Oil prices spiked to US$113pb (8-year high) on supply disruptions and the US$ index extends gains as investors digest the negative impact of ...
Read More

Tuesday March 1st, 2022

The US$ firms, oil prices strengthen, equity markets & US yields are mixed as market uncertainty continues. Markets continue to respond to news headlines as Russia steps up its aerial campaign in Ukraine and the military convoy approaches Kyiv. The Russian Rub has dropped 30%, holding just below...
Read More

Monday February 28th Morning Update

The US$ up, oil prices higher, equity markets lower and US yields lower. Russian forces seized two small cities in southeastern Ukraine and the area around a nuclear power plant but ran into stiff resistance elsewhere as Moscow’s diplomatic and economic isolation deepened. Putin put Russia’s...
Read More

Friday February 25th Morning Update

The US$ unchanged, oil prices lower, equity markets higher and US yields unchanged. Full scale invasion is underway as UN hold briefing. U.S., EU announce new wave of sanctions. China, which signed a friendship treaty with Russia three weeks ago, has refused to describe Moscow’s actions as an ...
Read More

Thursday February 24th Morning Update

The US$ is higher, oil prices higher, equity markets lower and US yields lower. Russian forces invades Ukraine by land, air and sea. Russian missiles rained down on Ukrainian cities. Explosion heard in Kyiv. In response, NATO to beef up forces on its eastern flank, EU planning new sanctions against ...
Read More

Wednesday February 23rd Morning Update

The US$ is lower, oil prices lower, equity markets lower while and US yields inches higher. After calling Russian moves an Invasion, the U.S. and allies step up sanctions pressure on Russia. The United States, the European Union, Britain, Australia, Canada and Japan responded with plans to target ba...
Read More

Tuesday February 22nd Morning Update

The is US$ lower, oil prices higher, equity markets lower while and US yields remains unchanged. Market laser focused on the Russia/Ukraine situation. Russia recognized two breakaway regions in eastern Ukraine and ordered the deployment of troops drawing international condemnation. Journalist report...
Read More

Friday February 18th, 2022

The US$ is steady, oil prices fall, while equity markets & US yields are mixed as Ukraine tensions continue to dominate markets. Amid US warnings that Russia is set to invade the Ukraine within days, Secretary of State Blinken & Russian Foreign Minister Lavrov have agreed to meet next week. ...
Read More

Thursday February 17th, 2022

The US$ is steady, oil prices weaken, equity markets are mixed, while US yields are lower as risk-on sentiment eases. The market tone remains cautious with the West disputing Russian statements of troop pullback and claims of shelling in east Ukraine on Russian-backed rebels. Intraday Ukraine update...
Read More