"USD: Increasing Sensitivity to Inflation. Neutral We remain medium-term USD bulls, but we continue to believe USD will struggle in the near term. The FOMC meeting this week has changed the near-term outlook as a more dovish than expected Fed has made front end yield differentials less USD supportive. We believe inflation readings will have more importance with employment bouncing back but core inflation remaining low. Should inflation start materially ...
Karachi at night (Pakistan)
Moscow at night (Russia)
Beijing China At Night
US Dollar Ready to Turn to Haven or Feed on FOMC Rate View While there may be a lot of volatility for the Dollar moving forward, the medium-term fundamentals carry a positive slant whether general market conditions improve or deteriorate. Japanese Yen Unlikely to Break Out Until Greece Moves The Japanese Yen finished the week modestly higher versus the recently-downtrodden US Dollar, but the lack of a clear breakthrough from a highly-anticipated US Federal Reserve meeting ...
Recent Comments