US Dollar Jumps Up as Treasury Yields Leap on Fed Expectations. Where To From Here?
The US Dollar index benefitted from the market raising bets on rate hikes by the Federal Reserve beyond what was already priced in. Will USD continue higher?
The US Dollar index benefitted from the market raising bets on rate hikes by the Federal Reserve beyond what was already priced in. Will USD continue higher?
U.S. stocks, led by tech and growth shares, suffer steep losses on Wednesday as the FOMC minutes signal intention for faster interest rate liftoff and balance sheet reduction.
The S&P 500 fell sharply as the FOMC meeting minutes hinted at Fed tightening sooner than previously expected.
After flattening for much of 2021, the yield curve has started to steepen in the last few days driven by the long end. If this dynamic proves durable, cyclical stocks could shine in early 2022.
The price of oil appears to be on track to fill the price gap from November as it clears the December high ($77.44).
Facebook announced it’s changing its name to “Meta”, signaling that 3D virtual reality platforms are about to expand in a big way.
At the start of 2022, central banks appear ready to move aggressively on rate hikes.
Major support levels are taking a toll in the Canadian Dollar, with a strong bounce in USD/CAD showing as CAD/JPY is testing a key area on that chart.
The three major EUR-crosses each have a unique story to tell.
The Euro continues to underperform when compared to the more hawkish BoE-backed Sterling. Policy divergence continues into 2022