Archive for December 5th, 2022

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