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Has Most Of The Downside Been Priced In?
Tension in the Middle East has eased, which has definitely contributed to some of the latest recovery in risk assets.
Tension Heats Up As Geopolitical Stress Intensifies
It’s been a wild start to Friday with markets getting tossed around after news broke of Israel’s retaliatory strike on Iran.
Everything Up Except The Yen
Everything is pretty much up against the US Dollar, though we have seen some resistance to this trend when it comes to the Yen.
Have We Seen The Extent Of The Fed Rate Repricing?
Markets have been mostly consolidating recent moves into Thursday.
GBP Setbacks Should Keep Finding Support Ahead Of 1.2000
there's really been no change to the big picture Sterling dollar Outlook the market put in a record low back in 2022 and recovered all the way up to the 2023 High just over 130.
Powell's Message Rattles Markets
We’ve seen some profit taking on Dollar longs into Wednesday, but overall, the US Dollar remains well in demand, especially after the Fed Chair came out with his comments on Tuesday.
USD On Approach To 155 Barrier
The US Dollar continues to march forward, with the Dollar Index trading to its highest level since early November 2023.
Are Investors Losing Confidence In The Fed?
Investors have long been playing the bet that the Fed will opt to lean on the side of policy accommodation.
Investors Will Keep Focusing On Reduced Geopolitical Risk
Investors are relieved things weren’t as bad as they could have been over the weekend.
Serious Risks To Consider Into The Weekend
Investors are desperate to use anything to justify the Fed's need to get back to moving to more rate cuts than less in 2024. On Thursday, producer prices were all of a sudden that big deal economic data that normally isn’t a big deal.
About US CPI Fallout, Producer Prices, And Bitcoin
US rate expectations have seen another wild repricing in the aftermath of this latest hot US CPI print.
US CPI Data Expected To Shake Things Up
There is going to be some attention around the Canadian Dollar today with the Bank of Canada policy decision due. But the big event of the day is on tap and is unquestionably the CPI data out of the US.
Volatility Expected To Pick Up On Wednesday
The early portion of this week has been relatively tame, with the market not wanting to make any fresh bets on direction until more clarity comes later today in the anticipated US economic data.
US Dollar Not As Strong As Expected
US yields have risen in the aftermath of Friday’s strong US employment report, and yet all of it has been lost on the US Dollar, which hasn’t been able to muster any momentum despite the Dollar bullish outcome.
Geopolitical Risk And The US Jobs Report
A round of softer economic data out of the US on Thursday had invited an initial wave of welcome Dollar selling and risk on flow before all of it fell apart as geopolitical tension escalated.
US Jobs Report Preview And Market Impact
On Friday, we’ll get the always anticipated monthly employment report out of the US.
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