Martyn Price’s Post

US Dollar and Yields Rally - https://lnkd.in/eqNMie6T - Last week was the first full week of August. Usually, a more peaceful time in the markets but this year continues to be the exception to the rule. US Dollar and Yields rose post CPI release. The post US Dollar and Yields Rally first appeared on trademakers. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments

US Dollar and Yields Rally - https://lnkd.in/eUmd3Vpn - Last week was the first full week of August. Usually, a more peaceful time in the markets but this year continues to be the exception to the rule. US Dollar and Yields rose post CPI release. The post US Dollar and Yields Rally first appeared on trademakers. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments

💹 FX MARKET UPDATE: Loonie rebounds on oil & month end The US Dollar slipped 50 points to 1.3550 this morning as stronger Oil and month end repositioning hurts the USD. The US Dollar has strengthened over 2% this year and still near the high of the year. ➡️Today we had impressive US GDP figures, but the market has disregarded the data. ➡️ Tomorrow, we have the US PCE, the major indicator of inflation and the reaction should be spread over 2 days as we have lower Trader participation due to the holidays. #usd #cad #fxmarket #foreignexchange

Dollar Continues to Trade Nervously. Fed Awaits - https://lnkd.in/ebM683Wz - Last week was more of a risk on week and the volatility in the currency markets dampened slightly as the market looks towards what the Fed will do coupled with the ongoing Presidential campaigns... - alternative asset management,alternatives,Cromwell FX,Euro,foreign exchange,Forex,FX,investing,investments

Dollar Continues to Trade Nervously. Fed Awaits - https://lnkd.in/ebM683Wz - Last week was more of a risk on week and the volatility in the currency markets dampened slightly as the market looks towards what the Fed will do coupled with the ongoing Presidential campaigns... - alternative asset management,alternatives,Cromwell FX,Euro,foreign exchange,Forex,FX,investing,investments

USD Weakness as Demand for Dollars Slow - https://lnkd.in/eZcB5RuT - Last week was a volatile one as slowing inflation and further reduction in upward price pressure came through in the data. CPI and PPI both came in lower which sent both yields and the US Dollar lower. The post USD Weakness as Demand for Dollars Slow first appeared on trademakers. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments

Dollar Regains Strength - https://lnkd.in/ejKBXwvA - Last week we expected US Yields to be the focus but, in the end, it was commodities. With Friday also being US Payrolls the beat that we saw Yields creep, but commodities sold off. The Dollar finally had a positive week. The DXY gained 0.8% to close just below 104 as US economic data came in better than expected. The post Dollar Regains Strength first appeared on trademakers. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments,Market View

Dollar Regains Strength - https://lnkd.in/e88v6xKY - Last week we expected US Yields to be the focus but, in the end, it was commodities. With Friday also being US Payrolls the beat that we saw Yields creep, but commodities sold off. The Dollar finally had a positive week. The DXY gained 0.8% to close just below 104 as US economic data came in better than expected. The post Dollar Regains Strength first appeared on trademakers. - alternative asset management,alternatives,Cromwell FX,foreign exchange,Forex,FX,investing,investments,Market View

Dollar Continues to Trade Nervously. Fed Awaits - https://lnkd.in/eVbezxZq - Last week was more of a risk on week and the volatility in the currency markets dampened slightly as the market looks towards what the Fed will do coupled with the ongoing Presidential campaigns... - alternative asset management,alternatives,Cromwell FX,Euro,foreign exchange,Forex,FX,investing,investments

US Dollar Will Face Downward Pressure as Interest Rate Cuts Approach   In the first 6 months of the US Fed’s interest rate hiking cycle (back in 2022), US dollar rallied 16% against a basket of developed market currencies (US dollar index or DXY). US equities fell by nearly 20% over the same period.   First two weeks of July saw the US dollar slide -1.7% as markets priced in a higher probability of interest rate cuts in the coming months. US dollar index remains +4.2% over the last 12 months (DXY 104; mid-point of the range since Dec 2022).   Going forward, US dollar will face downward pressure as Fed rate cuts narrow its interest rate spread relative to other currencies (“carry”). This also depends on the pace of interest rate cuts by other central banks.   Most extreme case is the 3-month interest rate difference between holding Yen and US dollar (-500 bps; 2 z-score last 10 years). Yen has been the weakest currency while GBP has been the most resilient against US dollar (interest rate spread closer to zero).   The above is not factoring in any geopolitical shocks which are likely to support US dollar strength…