Currencies

China’s PBOC Intervened Ordering Banks to Sell Dollars to Strengthen Renminbi

 Currencies

U.S. equity futures traded higher in late premarket this European afternoon after closing lower yesterday.

October 17, 2022

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British Pound Nosedived to 37-Year Low on Proposed Tax Cuts

British Pound Nosedived to 37-Year Low on Proposed Tax Cuts

Global risk assets extended their selloff this European afternoon as fears of rapidly escalating inflation, geopolitical risks and global recession continued to weigh.

September 26, 2022

views 1438
Two-year Treasury Yield Reflects Strength of U.S. Dollar. However, Things Can Change within a Year.

Two-year Treasury Yield Reflects Strength of U.S. Dollar. However, Things Can Change within a Year.

Now is not the time to fight Fed hawks or dollar bulls as the euro/dollar pair is back in the spotlight, but the rationale for a more promising outlook for the pair in 2022 remains unchanged as Fed and ECB policy expectations are being adjusted.

February 1, 2022

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