• Dollar steady with eyes on banking instability

    Dollar steady with eyes on banking instability

    Stable dollar as investors monitor banking instability; Germany’s business morale beats forecasts, Sterling approaches 7-week peak, and the Loonie benefits from increased risk appetite.

  • Volatility at the end of the tightening cycle

    Volatility at the end of the tightening cycle

    The banking sector drives FX, with the pound and euro outperforming the US dollar.

  • Tepid risk appetite supports dollar demand

    Tepid risk appetite supports dollar demand

    Sterling’s post-BoE hike struggles coincide with two weeks of banking turmoil, while the Euro’s victorious run comes to a halt.

  • Dovish Fed adds traction to weaker dollar

    Dovish Fed adds traction to weaker dollar

    The Euro flirts with a seven-week high, while Sterling is buoyed by the Bank of England’s recent hike. Meanwhile, the Loonie is closely following the market mood amidst ongoing uncertainty.

  • The end of the tightening cycle?

    The end of the tightening cycle?

    Janet Yellen’s statements end Powell’s risk rally; BoE’s rate hike is fully priced in; while the ECB feels vindicated and looks to further hike rates.