Foreign Exchange Insights and Next Week
A Late December Pattern of Dollar Softness Against Europe’s Dominant Currency
December 5, 2022
It’s only December 5th, and the dollar experienced a strong session today as investors second-guessed earlier presumptions that the FOMC will raise its federal funds target by a smaller amount later this week. A cross-current to keep in mind, however, is that the second half of December has historically been a period when the dollar […] More
New Overnight Developments Abroad - Daily Update
Better-Than-Forecast U.S. Data Unsettle Investor Expectations Regarding December’s FOMC Decision
December 5, 2022
If it’s not one thing, it’s another. A major concern since the onset of Covid-19 has been the zero tolerance policies of the Chinese government to any instances of the pandemic. Investors have been relieved over the past month by increasing indications that such an extreme approach, which has smothered the Chinese economy, will be […] More
