The chatter in FX circles this week has centred around whether the investor lust for Nvidia shares is spilling over into currency markets.
February 23,2024
Strong U.S. jobs data and the 'Nvidia effect' have put the U.S. Dollar back on top.
February 22,2024
Dollar weakness extended despite the Federal Reserve confirming caution around lowering interest rates too quickly, suggesting the 'hawkish' repricing has largely run its course.
February 22,2024
The U.S. dollar hit an air pocket this week, losing altitude without any clear news catalyst behind the decline.
February 21,2024
The Pound to Dollar exchange rate retreated further last week but the losses remain relatively constrained and we see the potential for some slight upside in the coming days.
February 19,2024
The Pound to Dollar exchange rate was set to end the week on a sour note following the release of a fresh U.S. inflation reading that pointed to persistent price pressures.
February 16,2024
More disappointment is in store for investors hoping for a string of U.S. interest rate cuts to boost equity markets and send the Dollar lower.
February 16,2024
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