Insights

 

FX Daily
March 25, 2015 Posted by

The USD fell against most currencies again today as its post Fed re-pricing continued. The statement accompanying last week’s Fed meeting was more dovish than the market anticipated. Today’s weak durable goods release added to the USD selling pressure. 

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FX Daily
March 24, 2015 Posted by
San Francisco Fed President John Williams delivered prepared remarks in Sydney today stating U.S. policy tightening discussions should happen mid-year. Within the same text, U.S. growth forecasts for 2015 were lowered to 2.5% from 3.0%.
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FX Daily
March 23, 2015 Posted by
The USD while trading weaker today, is near multi-year highs and will likely continue to strengthen as the Fed normalizes policy. Loretta Mester, the Cleveland Fed president (non-voting member), said that inflation will rise back to the 2% target over time.
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FX Daily
March 18, 2015 Posted by
The USD is little changed ahead of the FOMC policy decision later today (2:00pm EDT).  Despite the USD Index hitting a 10-year high earlier in the week via speculation that the Fed will remove language describing its stance on rate increases as “patient”, many risks remain via the dollar’s rapid appreciation this year.
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FX Daily
March 17, 2015 Posted by
The USD is a bit weaker today off an anemic U.S. economic reports (housing starts), tempering the outlook for higher interest rates as the Fed begins their two-day policy meeting.
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FX Daily
March 17, 2015 Posted by
The USD is a bit weaker today off an anemic U.S. economic reports (housing starts), tempering the outlook for higher interest rates as the Fed begins their two-day policy meeting.
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FX Outlook
March 17, 2015 Posted by
The USD is steady today despite an anemic U.S. economic report (housing starts), somewhat tempering the outlook for higher interest rates as the Fed begins their two-day policy meeting.
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FX Daily
March 16, 2015 Posted by

The week opens with a slightly weaker USD from last Friday (12-year high via the EUR), as local economic reports ahead of this week’s FOMC casts a doubt on the overall breadth of the current U.S. recovery.  The USD has been climbing amid speculation the Fed is moving closer to raising interest rates as the ECB beg

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