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Market Watch

Tue October 8, 2024
The RBNZ, New Zealand’s central bank, cut its overnight rate by 50bps (from 5.25% to 4.75%), a more aggressive adjustment than what was anticipated. [...]
Mon October 7, 2024
Friday’s Nonfarm Payrolls number for September continues to drive portfolio rebalances today. The surprise 254k payroll increase far exceeded the 150k estimate. Add to [...]
Tue September 24, 2024
The Japanese yen is lower vs. all G10 currencies after Japan’s Ueda signaled the Bank of Japan was in no rush to hike rates [...]
Mon September 23, 2024
The dollar has started the week mixed between gain and losses vs. the G10 in narrow ranges. The dollar index is +0.14%, mid-range for [...]
Fri September 20, 2024
The U.S. dollar index is -0.44% this week, a modest decline compared to other market sectors given the Fed’s 50bps cut this week. But [...]
Tue September 17, 2024
The G10 basket of currencies traded in narrow ranges overnight leaving most pairs little changed vs. yesterday’s close. The biggest spot move is a [...]
Mon September 16, 2024
The dollar is broadly lower today, leading the dollar index to a daily 0.38% decline and its 3rd consecutive daily loss, losing -0.97% over [...]
Thu September 12, 2024
Today the ECB eased its policy rate by 25 basis points to 3.50%. The move was widely expected, reflected in the 100.3% probability implied [...]
Mon September 9, 2024
The dollar has started the week higher, continuing Friday’s post-Nonfarm Payrolls rally (minus the volatility). On Friday the U.S. dollar index had multiple swings [...]