Market Insight

Your daily updates on the world and the markets.

October 20, 2017
Market Insight

Dollar Slips Despite Strong Numbers, Kiwi Plummets

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There were some interesting moves in currency markets overnight. Despite strong US data, the dollar was sold off against safe-haven currencies, Yen & Swiss. The most likely explanation for this is a sell-off in the Hang Seng in Hong Kong, which is negatively correlated with safe havens, especially the Yen.  The reason for the drop in the Hang […] Read More
October 19, 2017
Market Insight

Dollar Continues to Drift in Politically Focused Markets

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It was a relatively quiet day in the markets yesterday with most currencies continuing to trade in familiar ranges. The dollar started off on the front foot in line with it’s recent grind higher but drifted off later in the day as political considerations continued to dominate. The main focus in the US continues to […] Read More
October 18, 2017
Market Insight

Dollar Drops as Fed Chair Contenders Jostle

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The dollar came off overnight as Fed Chair Janet Yellen’s chances of keeping her job moved higher in betting markets. Yellen, being more of a dove than her contenders, meant that the chances of 2018 rate hikes drop slightly. On the data front, US import prices came in a touch stronger helping the chances of […] Read More
October 17, 2017
Market Insight

Dollar recovers from CPI miss

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The dollar recovered its lost ground from Fridays CPI miss against most of the major currencies. Positive news out of Washington spurred the greenback along with John Taylor moving into second place behind Powell for Fed Chair on betting markets. Taylor is an Economics Professor at Stanford University and is a keen advocate of rule-based Fed rate […] Read More
October 16, 2017
Market Insight

Dollar Hit After Weaker CPI Print

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The dollar was hit on Friday as the CPI number came in slightly lower than expected missing expectation by 0.1% on both the month on month and year on year data. The dollar index came off fairly hard initially but gained back ground as the Euro was hit on the back of more cautionary comments […] Read More

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