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The Greenback Firms to Start the New Week, Stocks Slide

September 19, 2022
Overview:  The busy week is off to a slow start as Japan is on holiday and the UK and Canadian markets are closed to honor Queen (Australia will commemorate with a holiday on Thursday). Nevertheless, the sell-off in equities continues and the US dollar is firm. Most of the large markets in Asia fell. India is a notable exception. Its benchmark ros…
The Greenback Firms to Start the New Week, Stocks Slide The Greenback Firms to Start the New Week, Stocks Slide Reviewed by Marc Chandler on September 19, 2022 Rating: 5
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The Dollar may Stabilize Ahead of the FOMC

September 18, 2022
Verbal intervention proved sufficient to keep the US dollar below JPY145, but the greenback gained broadly. It rose to new two-year highs against the dollar-bloc and Chinese yuan ahead of the weekend and to levels against sterling not seen since 1985. The elevated price pressures, while the labor market stays tight (weekly jobless claims fell for …
The Dollar may Stabilize Ahead of the FOMC The Dollar may Stabilize Ahead of the FOMC Reviewed by Marc Chandler on September 18, 2022 Rating: 5
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No One Wants a Recession, but Central Banks are willing to Take the Risk to Demonstrate Anti-Inflation Resolve No One Wants a Recession, but Central Banks are willing to Take the Risk to Demonstrate Anti-Inflation Resolve Reviewed by Marc Chandler on September 17, 2022 Rating: 5
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The Dollar Heads into the Weekend Well Bid

September 16, 2022
Overview:  The dollar is well bid. It has risen to new two-year highs against the dollar bloc and Chinese yuan. Aided by worse than expected retail sales, sterling, on its anniversary of leaving the European Exchange Rate Mechanism fell to its lowest level since 1985. This fits into the broader risk-off move. The S&P 500 fell to new two-month …
The Dollar Heads into the Weekend Well Bid The Dollar Heads into the Weekend Well Bid Reviewed by Marc Chandler on September 16, 2022 Rating: 5
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Calmer Capital Markets...for the Moment

September 15, 2022
Overview:  The capital markets are quiet today. Equity markets and bond yields have a slight upside bias, while the dollar is little changed. Despite reports that the lockdown in Chengdu is easing, Chinese equities underperformed in the Asia Pacific region. Japan, Hong Kong, Taiwan, and Australia eked out modest gains. After sliding around 2.4% ov…
Calmer Capital Markets...for the Moment Calmer Capital Markets...for the Moment Reviewed by Marc Chandler on September 15, 2022 Rating: 5
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Markets Remain on Edge

September 14, 2022
Overview: The firmer than expected US CPI set off a major reversal of the recent price action. It is a two-prong issue. The first is about inflation and the squeeze on the cost-of-living. The second, and more powerful in the capital markets is how the Fed is likely to respond. This drove US stocks and bonds lower and lifted the dollar broadly. Asi…
Markets Remain on Edge Markets Remain on Edge Reviewed by Marc Chandler on September 14, 2022 Rating: 5
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Will the Dollar Recover After CPI?

September 13, 2022
Overview: The US dollar remains offered ahead of today’s CPI report. Most European currencies are outperforming the dollar bloc, and the greenback is holding inside yesterday’s range against the yen. Most emerging market currencies are firmer, as well. China’s markets re-opened from the long-holiday weekend and the yuan is a touch softer. After th…
Will the Dollar Recover After CPI? Will the Dollar Recover After CPI? Reviewed by Marc Chandler on September 13, 2022 Rating: 5
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