Christopher Vecchio Blog | Talkmarkets | Page 1
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 ... more

Articles

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
Rising bond yields and appreciating currencies are front-and-center for the commodity currency central banks.
Weekly Technical US Dollar Forecast: Finally Turning Higher?
The US Dollar (via the DXY Index) was having a lackluster week until Thursday, when it seemed the uptick in US Treasury yields finally spilled over to FX markets, lifting the greenback through Friday into the weekly close.
Weekly Fundamental US Dollar Forecast: Mr. Powell Goes To Washington
US economic data has been outperforming, leading to a rise in both US nominal yields (Treasuries) and inflation expectations (breakevens); but with the latter rising faster than the former, US real yields have come back down.
Weekly Technical US Dollar Forecast: Technical Damage Not Undone
Without any bona fide bullish catalysts on the horizon, and two of the components representing 69.5% of the DXY Index, the British Pound and the Euro, appearing poised for further gains, the US Dollar may once again be on its backfoot.
FX Week Ahead - Top 5 Events: China, Mexico, & US Inflation Data; Fed Speeches; UK GDP
Focus returns back to the US Dollar in the coming days, with the US fiscal stimulus talks ongoing and Fed Chair Jerome Powell set to deliver a speech.
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Feb. 4 Update
The commodity currencies have stumbled out of the gates in 2021. The Canadian Dollar in particular has proven weak as the country’s vaccination rates have slowed..
FX Week Ahead - Top 5 Events: BOE & RBA Rate Decisions; Canada, New Zealand, US Jobs Reports
Most attention is away from the US Dollar this week, which sees its truly only important release this week on Friday.
US Recession Watch, January 2021 - Slowing Growth Evident As Calendar Turns
Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided in 1Q’21, depending upon the timing of US fiscal stimulus.
Weekly US Dollar Fundamental Forecast: All Eyes On January Fed Meeting
The largest component of the DXY Index, EUR/USD, added +0.79%, while GBP/USD added +0.71%. The lack of a push higher in US Treasury yields may be contributing to the greenback’s lack of enthusiasm, setting it up for another week of choppy trading.
Central Bank Watch: BOC & ECB Interest Rate Expectations Update
Both the Bank of Canada and European Central Bank met in recent days, setting the tone for 2021: more easing is possible, but might not be needed.
Weekly Fundamental Gold Price Forecast: Lacking Luster, A Turning Point Arrives
Gold is supposed to benefit from rising fiscal deficits and debts, as well as political uncertainty, right? Well, the past week has certainly dealt dual blows to that premise as events did little to inspire traders to take the bull by the horns.
Mexican Peso Forecast: Rising US Yields Held USD/MXN Fend Off Breakdown, For Now
Overall, USD/MXN rates remain in their parallel downtrend going back to the coronavirus pandemic high set in April.
FX Week Ahead - China New Yuan Loans, Fed Speeches, US Inflation Rate & Retail Sales, UK GDP
The second week of the year sees activity pick up on the economic calendar, with the focus still remaining on the United States economy, much like the first week of the year.
Weekly US Dollar Fundamental Forecast: Down, But Not Out
The US Dollar (via the DXY Index) broke its 2020 lows during the first trading week of 2021, and yet, the broad greenback gauge still managed to finish the week higher.
Mexican Peso Forecast: Coiling, Awaiting Next Downside Move - Levels For USD/MXN Rate
Unlike other FX pairs, USD/MXN has yet to see meaningful volatility in the first trading days of 2021.
FX Week Ahead - Top 5 Events: Georgia Senate Runoff Elections; Eurozone & Mexico Inflation; Canada & US Jobs
The first week of a new month and a new year brings an acute focus on the North American currencies and economies.
1 to 16 of 44 Posts
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