Recap

Currency performance was pretty mixed this week, likely the result of traders balancing U.S. dollar dominance & individual currency narratives. But after a big Dollar pullback on Thursday that it couldn’t fully recover from, the Kiwi…

The U.S. dollar and surging bond yields stole the show this week, staying in positive territory throughout, supported by hawkish central bank rhetoric.  Unfortunately this was the worst environment for gold bulls. Not caught up on the…

Well, folks, buckle up because it’s been quite a week in the wild world of finance! It was like a circus, with central banks strutting their stuff, trying to balance signals of weakening growth and sticky inflation. Let’s break it down…

The week’s primary focus revolved around central bank actions in response to persistent inflation and economic slowdown signals. The New Zealand dollar emerged as the top-performing currency, while the British pound struggled to last…

Risk currencies were strutting their stuff like they just won a Super Bowl thanks to positive economic updates from the U.S. and from China pulling out fresh ways to stimulate their economy. We guess that traders are all in for that…

Risk assets were generally on top this week thanks to net positive economic updates from the U.S. and stimulative efforts from China, supporting “soft landing” bets. Meanwhile, European currencies like EUR, GBP, and CHF lost pips as…

Monday:ECB’s Wunsch (hawk – non voter) remains in favour of raising interest rates again:Underlying inflation remains persistent, may need more rate hikes.I’m inclined to say we maybe need to do a little bit more.The idea that…

It was another positive week for the U.S. dollar, which found support from speculations that the Fed will keep its interest rates higher for longer. But the same hawkish sentiments didn’t do the other major currencies favors, as weak…

The U.S. dollar had a stellar week thanks to updates showing the U.S.’s economic resiliency relative to the globe, building the case for another Fed rate hike ahead.The Loonie came in a close second thanks to a strong move higher in oil…

After a slow start, the major financial asset classes jumped into anti-Dollar mode thanks to a heavy U.S. calendar showing signs of economic growth cracking. This lifted prospects of the Fed nearing the end of its tightening cycle, which…