currencies

Highlights The US dollar is trading with a firmer bias across the board.  The main driver appears to be a reassessment of the likely outcome of today’s FOMC meeting as many Fed-watchers play down the likelihood of renewed asset…

The Swedish krona remains a market darling.  Over the past 3-months it neck-to-neck with sterling as the strongest G10 currency, up about 7.75% against the dollar and about 4% against the euro.   It has strong macro-economic…

By Paul Brodsky and Lee Quaintance of QB Partners (Hat tip Barry Ritholtz) • Deflation • Quantitative Easing (QE2 & QE3) • A nod to Christopher Hitchens • The G7 financial system must deleverage to regain a semblance…

The central bank of Indonesia meets tomorrow and although pressure is building for a rate hike, officials still appear willing to resist for a bit longer. The economy is growing robustly and Q2 GDP will be out early Thurs local time and is…

From the BBH Currency Strategy Team. Highlights US dollar is weaker across the board vs. the majors as sentiment appears to be improving today after a consolidative day yesterday.  Risk on FX trading appears to be back on track after…

From the BBH Currency Strategy Team. Highlights US dollar is mixed vs. the majors as consolidative trade is being seen today.  Sentiment remains positive overall in the wake of the bank stress tests, but risk on FX trading appears to…

From the BBH Currency Strategy Team Highlights US dollar is softer vs. the majors, as sentiment remains positive and risk on trading picks up.  Dollar is up only against JPY and CHF, which are both weaker today and finally succumbing…

From the BBH Currency Strategy Team Highlights US dollar is mostly softer so far today vs. the majors, as sentiment remains overall good after the stress test results were released (see below).  Price action since the results came…

From Win Thin, Senior Currency Strategist at BBH. Newswires have reportedly gotten hold of the draft document for the stress tests, and it’s not pretty. It appears that the worst may be true with regards to how bonds would be subjected to…

From the Brown Brothers Harriman Currency Strategy Team Highlights US dollar is mostly softer so far today vs. the majors, hurt by stronger than expected data out of Europe (see below) ahead of the European bank stress test results around…