Policy Adjectives The big news this week was that the Fed dropped its pledge to be “patient” in raising interest rates. The Fed …
EM FX is ending last week on a firm note. We believe that the broad-based dollar rally remains intact, but we could see …
Current Market Outlook Wednesday was a missed opportunity for the bulls, though it wasn’t all that surprising. Major indices did not follow world …
In a recent Reuters article, Dr. Richard Fisher of the Dallas Federal Reserve stated: “Sharp gains in the U.
It is precisely because the euro’s decline in over-determined that the slide has accelerated. It is not just that the ECB is buying …
The strong US employment report offset some of the disappointing data in recent weeks. It reinvigorated confidence that the Federal Reserve will move to …
The euro was trading $1.1150-$1.
The US dollar is firmer to start the week against most of the major currencies. The euro zone reported less deflation than expected, …
Amid relatively light news, the US dollar is bid. The euro is back to the lower end of its range, straddling the $1.
The US dollar caught a strong bid to start the week. The prospects that Yellen will keep the June rate hike in play …