More Downside for Dollar and Aussie, Swiss Franc Outperforms
Dollar’s selloff caught much attention last week, but slowed towards the end. Traders are holding their bets for now, awaiting the coming batch of July data. Indeed, Australian Dollar was the worst performer, mainly on RBA QE expectations, and partly...
Weekly Economic & Financial Commentary: “Progress” Has Been Made, But Is It Enough To Taper?
Summary United States: Demand Continuing to Outstrip Supply Although the headline rate of Q2 GDP came in softer than expectations, part of that was due to supply chain problems as businesses had to draw down inventories to meet demand, resulting...
Week Ahead: BOE, NFP, and FAAMG Oh My!
There were two main highlights from last week: The Federal Reserve meeting and earnings reports from some of the planet’s most valuable companies. As we noted in our Fed recap, the central bank hinted at progress toward its goals for...