Archive for: July, 2021

Post date: 19/07/2021 12:32 The US dollar ended the week higher against every G10 currency, save the New Zealand dollar. The latter currency grabbed the spotlight as its central bank, the RBNZ, suggested it is ready to join Norges Bank as the first central banks to start hiking rates. This is a notable development and…

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Post date: 12/07/2021 12:08 It was a relatively quiet week in G10 currency markets, but the real action was elsewhere. The correction in US government yields gathered pace on fresh concerns about the impact of new COVID variants on growth, and peaked on Wednesday on what looked like a buying panic that subsided later the…

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Post date: 05/07/2021 13:57 Risk assets traded listlessly all week, though US equities managed to hit yet another all-time high. Rates dropped, and in this somewhat unusual environment the US dollar performed quite well, ending the week higher against almost all of its major peers. A pullback after the publication of a strong US payrolls…

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