Results for FOMC
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Markets do Cartwheels in Response to Traditional Pick for US Treasury Secretary Markets do Cartwheels in Response to Traditional Pick for US Treasury Secretary Reviewed by Marc Chandler on November 25, 2024 Rating: 5
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Fragile and Consolidative Tone Starts the Week in FX

November 18, 2024
Overview: The US dollar has begun the new week consolidating in a mixed fashion against the G10 currencies. Bank of Japan Governor Ueda remains circumspect and did not provide guidance about next month's central bank meeting. Without positive guidance, the market sold the yen, but the swaps market shows about 13 bp of tightening has been disco…
Fragile and Consolidative Tone Starts the Week in FX Fragile and Consolidative Tone Starts the Week in FX Reviewed by Marc Chandler on November 18, 2024 Rating: 5
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Searching for Direction

November 08, 2024
Overview: The capital markets have been choppy as pre-existing positioning meets new thoughts on the implications of a second Trump administration. The dollar has found better footing today after giving back a chunk of Wednesday's gains yesterday. The yen is an exception, but it is not exception that the dollar trades heavier against the yen a…
Searching for Direction Searching for Direction Reviewed by Marc Chandler on November 08, 2024 Rating: 5
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Serenity Now

November 07, 2024
Overview:  The markets are calmer after yesterday's post-US election drama. A consolidative tone has emerged in the foreign exchange market, and the dollar is softer against all the G10 currencies, led the 1% gain in the Norwegian krone, after the central bank left rates on hold. Sweden's Riksbank delivered the expected half-point cut and …
Serenity Now Serenity Now Reviewed by Marc Chandler on November 07, 2024 Rating: 5
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Stocks Higher, Dollar Lower: Post-Fed

September 19, 2024
Overview: The Federal Reserve's 50 bp rate cut has made for a volatile 15 hours or so in the foreign exchange market. As North American traders return to their posts, the greenback is heavy. They will find that only the yen and Russian ruble are softer. Norway delivered a hawkish hold, and the krone leads the G10 currencies with more than a 1%…
Stocks Higher, Dollar Lower: Post-Fed Stocks Higher, Dollar Lower: Post-Fed Reviewed by Marc Chandler on September 19, 2024 Rating: 5
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Greenback Continues to Trade Heavily amid Heightened Speculation of a 50 bp Cut Wednesday Greenback Continues to Trade Heavily amid Heightened Speculation of a 50 bp Cut Wednesday Reviewed by Marc Chandler on September 16, 2024 Rating: 5
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Heightened Speculation that Fed may Cut 50 bp Next Week Sends the Dollar Lower Heightened Speculation that Fed may Cut 50 bp Next Week Sends the Dollar Lower Reviewed by Marc Chandler on September 13, 2024 Rating: 5
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Consolidative Tuesday

September 10, 2024
Overview: The US dollar is mostly consolidating so far today with a slightly heavier bias against the G10 currencies and most emerging market currencies. The larger than expected Chinese trade surplus did not lift the yuan. The greenback is trading above its 20-day moving average against the Chinese yuan for the first time since late July. Sterlin…
Consolidative Tuesday Consolidative Tuesday Reviewed by Marc Chandler on September 10, 2024 Rating: 5
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The Dollar and Rates Come Back Firmer

August 22, 2024
Overview:  The US dollar's decline continued yesterday after the steep jobs’ revision and an unusual solid auction of the Treasury's 20-year bond. The minutes from the recent meeting confirmed that the FOMC will begin its easing cycle next month. The dollar is mostly firmer today. The market has looked through the stronger than expected eu…
The Dollar and Rates Come Back Firmer The Dollar and Rates Come Back Firmer Reviewed by Marc Chandler on August 22, 2024 Rating: 5
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