#usd analysis

USD drifting lower, US equity index futures trading higher

The obvious catalyst is passage of the huge US stimulus bill earlier. Seems to be quite a delayed reaction though. But I imagine that’ll do as a narrative. Regional stocks here in Asia are positive for the session Shanghai Comp +1.9%Nikkei (Japan) +0.5%HK Hang Seng +1.3% US 10 yr yield is up just a little on the session. Follow me on the telegram for the latest news, tips, and various other…

USD Analysis – 24th of February – Jarratt Davis

USD remains the strongest currency fundamentally, and recent inflation data has only served to reinforce the Fed’s plan to tighten policy throughout the year. However the path of hikes is likely to be gradual given the inadvertent tightening of financial conditions which has occurred in recent months, such as lower equities and a higher USD exchange rate. We continue to see the USD as a prime…

Investing.com – The dollar slipped lower against the other major currencies on Tuesday, but remained close to a seven-month peak as hopes that the Federal Reserve will raise interest rates at its meeting next month continued to support the greenback. USD/JPY edged down 0.10% to 123.32, but was still close to Tuesday’s one-week highs of 123.48.…