currencies

The dollar is broadly weaker as news developments remain mostly positive, boosting sentiment. North American session sees US November inflation; euro likely supported today on short-covering rally. RBI left rates on hold at 8.5%, as…

Through all of this hand wrangling, the Euro remains fixed at the same value as it started with in January, roughly $1.30. If open interest information from our futures markets are any valid indication, currency speculators, both commercial…

The dollar is broadly weaker as Spanish auction goes well, euro zone PMIs better than expected. SNB held policy steady with no change to EUR/CHF floor. China, Singapore data help boost sentiment; Hungary reaches deal with banks on CHF…

By cutting 50 bp in one swoop, the Norges Bank hopes to get ahead of the curve. This is part insurance against addition headwinds, but also responds to the recent data indicating an economic slowdown.

One of the characteristics of the investment climate that we have tracked over the course of the year is the tight relationship between the euro and the S&P 500. The following observations are based correlations conducted on percentage…

The dollar is broadly firmer as Italian yields rise at 5-year bond auction, euro zone IP falls.Swiss data weak ahead of SNB meeting tomorrow; Norges Bank seen cutting rates 25 bp. China data gives cover for more PBOC easing; RBA suggests…

The ECB President admitted that budgets cuts and tax increases are contractionary -“in the short term” he added - but there are two ways to lessen their negative impact on growth: the confidence-enhancing effect that will follow the new…

A good reception to a Spanish bill auction and a some what better than expected German ZEW investor survey helped stabilize the risk sentiment which had been battered yesterday. The major foreign currencies are mostly firmer on the day,…

Three events took place last week that will shape the general investment climate in the weeks and months ahead.

The US dollar is firm against all the major and emerging market currencies. Equity markets are lower, giving back all of Friday's gains and more. The euro has dropped 1% and the next level of support is seen near $1.3200.