Archive for July 20th, 2022

Foreign Exchange Insights and Next Week

Dollar’s Enjoyed a Stellar First Half Without Typical Currency-Supportive Fundamentals

July 20, 2022

Since the end of 2021, the dollar has appreciated 11.7% against the euro and 20.2% against the yen. Those advances compare highly favorably with the dollar’s January 1 through June 30 movements in the years since the euro was launched in 1999. First-half changes against the euro in the previous six years included declines of […] More

New Overnight Developments Abroad - Daily Update

Elevated Price Data, Weak Consumer Confidence, and Changing Central Bank Rate Expectations

July 20, 2022

The dollar had retreated in recent sessions but has rebounded 0.3% so far today against the euro and versus the DXY weighted index. The dollar also strengthened overnight by 0.2% against the Swiss franc, Chinese yuan and Turkish lira and by 0.1% versus sterling. The yen and Aussie dollar are steady, and the greenback dropped […] More