Post date: 27/06/2022 14:38 G10 currencies ended the week not far from where they had started it, as the news calendar turned relatively light and investors digested central bank communications. The week’s winners were the Norwegian krone and the Swiss franc, the latter boosted by the aftereffects of the Swiss National Bank’s dramatic hawkish surprise…
Post date: 20/06/2022 14:43 Some positive data out of the US helped allay concerns about global growth last week. In addition, Federal Reserve officials continue to sound hawkish. US rates rose sharply, providing support for the US dollar and sending most major currencies down. The main exceptions were the currencies of commodity exporting countries, including…
Post date: 13/06/2022 11:52 Risk assets worldwide endured a very difficult week. Inflation data continues to get worse and central banks are sounding increasingly strident alarms over the need to bring it down. Interest rates blew out worldwide; interestingly, this time European rates rose further than US ones, in response to a decidedly hawkish ECB.…
Post date: 06/06/2022 11:14 Some positive data out of the US helped allay concerns about global growth last week. In addition, Federal Reserve officials continue to sound hawkish. US rates rose sharply, providing support for the US dollar and sending most major currencies down. The main exceptions were the currencies of commodity exporting countries, including…
