Christopher Vecchio | TalkMarkets | Page 12
Sr. Currency Strategist at DailyFX
Contributor's Links: DailyFX
Christopher Vecchio is a senior currency strategist at DailyFX. He has been trading equities since 2004 and forex since 2008. Christopher has consulted multi-national firms on FX hedging and has lectured at Duke Law School on FX derivatives trading. He focuses on both fundamental and ...more

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Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control
The US Dollar (via the DXY Index) was off to a strong start through the first week of June until it ran into the May US nonfarm payrolls report on Friday.
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update - Thursday, June 3
The June FOMC meeting is under two weeks away, and it’s becoming evident that policymakers are beginning to lay the foundation for initial QE tapering efforts.
Central Bank Watch - BOE And ECB Interest Rate Expectations
The BOE and the ECB are meeting later this month, but focus is on what they’ll do later this year and beyond.
British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates Outlook
With May in the rearview mirror, it’s a good time to take stock of the British Pound’s performance against some of the more volatile major currencies.
Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday
The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasury yields, proved to be a negative influence on US dollar price action – like it was for much of 2020.
The Scary Fed Number Everyone Is Talking About
While there appears to be a nuanced, public debate occurring about whether or not the Federal Reserve should remove its stimulus and along what timeframe, it appears that the taper efforts have already begun.
Central Bank Watch: BOC, RBA, RBNZ Interest Rate Expectations Update
Global bond yields have dropped alongside commodity prices, otherwise restraining the trio of the Australian, Canadian, and New Zealand Dollars.
Central Bank Watch: Fed Speeches, FOMC Minutes, Interest Rate Expectations Update
Federal Reserve policymakers are balancing a generally improved US economy against the seemingly fragile state of the recovery (from their point of view).
Will Lumber Prices Prick US Housing Bubble Or Will Low Mortgage Rates Prevail?
Low mortgages have kept measures of housing affordability within reason, but US Treasury Secretary Janet Yellen’s warning this week about higher interest rates are a stark warning.
Weekly Fundamental US Dollar Forecast: Rise In US Treasury Yields May Not Help Greenback; April NFP Due
The US Dollar (via the DXY Index) was able to turn higher at the end of the week perhaps due to end-of-month rebalancing flows. It was a much needed relief for the DXY Index, which otherwise closed the month of April down by -2.08%.
Central Bank Watch: Fed Speeches And Interest Rate Expectations Update
Federal Reserve policymakers are heading towards their April rate decision, but that doesn’t mean policy is heading anywhere new soon.
Central Bank Watch Update: Fed Speeches, Interest Rate Expectations
Federal Reserve policymakers are heading towards their April rate decision next week, but that doesn’t mean policy is heading anywhere new soon.
Euro Forecast: ECB Does Little, Euro Facing Turning Risk Trends - Setups In EUR/GBP, EUR/JPY, EUR/USD
The April ECB rate decision did little for the Euro – one way or the other. This leaves the currency at the whims of broader risk trends, which are eroding.
Central Bank Watch: BOE And ECB Interest Rate Expectations
Although the BOE doesn’t meet again until May, the ECB is squarely in focus with its April rate decision this week.
Weekly Fundamental British Pound Forecast: Seeking Semblance Of Stability
The IG Client Sentiment Index suggests the British Pound has a mixed bias heading through mid-April.
Central Bank Watch: BOC, RBA, And RBNZ Interest Rate Expectations Update
Now halfway through April, we’ve had the RBA and RBNZ meet, and we still have the BOC ahead next week. A trend has started to emerge, however.
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