Foreign Exchange Solutions

Thursday December 15th, 2022

The US$ strengthens, oil prices steady, equity markets and US yields are down risk-off sentiment gains traction. Currency and equity markets remain under pressure after Fed Chair Powell on Wednesday said that the US central bank will raise interest rates further in 2023, even as the economy slips to...
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Wednesday December 14th, 2022

The US$ steady, oil priced edge higher, equity markets are down, while US yields are mixed ahead of the Fed rate decision. The Fed will conclude its last policy meeting of 2022 today on the back of a surprise drop in US inflation, while markets continue to expect the Fed Chair to announce a 50bps [&...
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Tuesday December 13th, 2022

The US$ eases, oil prices are higher, equity markets are up, while US yields are mixed ahead of the US inflation report. Economists are projecting a fifth month of declines in US inflation to 7.3% (y/y Nov) vs 7.7% (y/y Oct), warranting a less hawkish Federal Reserve. The Fed is expected to hike rat...
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Monday December 12th, 2022

The US$ is flat, oil prices ease, equity markets are down, while US yields are mixed as investors remain cautious. An air of caution remains ahead of a pivotal week of inflation reports and monetary-policy rate decision meetings from the Fed, the ECB, & the Bank of England. The Fed is expected t...
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Friday December 9th, 2022

The US$ is flat, oil prices higher, equity markets rebound, while US yields ease ahead of US PPI report. Currency markets are stable while equity markets rise ahead of the US Producer Price Index which is one of the final pieces of data to inform policymakers ahead of the Fed’s rates decision next...
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Thursday December 8th, 2022

The US$ firms, oil prices edge higher, equity markets down, while US yields rise as investors weigh higher rates. Equity markets continue under pressure while the US$ & US yields rebound as the potential pivot in Fed rates hikes fades in the face of strong economic data. Investors are shifting t...
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Wednesday December 7th, 2022

The US$ eases, oil prices lower, equity markets are down, while US yields are flat as China data increases recession fear. Equity markets and commodities came under selling pressure as Chinese trade data compounded fears about the health of the global economy. China’s exports & Imports shrank ...
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Tuesday December 6th, 2022

The US$ steadies, oil prices fall, equity markets are down, while US yields are mixed on the resilient US economy. The strong US economy and persistent inflation is offsetting optimism about a reopening in China, with economists suggesting the Fed will need to push interest rates to a higher peak th...
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Monday December 5th, 2022

The US$ is flat, oil prices strengthen, equity markets are mixed while US yields rise as markets balance China optimism vs Fed policy. Early optimism on moves by China to further ease covid restrictions faded as Fed rate policy comes back into focus after Fridays NFP spike. Chinese authorities eased...
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Friday December 2nd, 2022

The US$ weakens, oil prices ease, equity markets & US yields are mixed heading into key US jobs report. Currency, commodity, and equity markets consolidate heading into the key US Nonfarm payrolls report this morning. Economists estimate payrolls to rise 200k in November, cooling slightly from O...
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