CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 06/27/23

2023-06-27 07:20:00 ET Summary The US dollar is lower against most of the G10 currencies but the Japanese yen and Norwegian krone. It also slipped to a new nine-month low against the Canadian dollar. EM currencies are also mostly firmer, with the notable exceptions of the Russian ...

2023-06-26 07:22:00 ET Summary The yen leads the G10 currencies higher with about a 0.35% gain. The Swedish krona and the Australian dollar are the chief laggards today. EM currencies are mixed. The Chinese yuan and Russian rouble are trading lower, and the Turkish lira has been t...

2023-06-25 00:15:00 ET Summary The market has been skeptical of the Fed's hawkishness. We look for the market to move toward the Fed (again), perhaps helped by another sticky core PCE deflator, which is seeing little improvement. This adjustment may help the dollar extended it...

2023-06-23 06:58:00 ET Summary Disappointing PMIs from Europe, Japan and Australia helped boost the greenback. The Dollar Index is trading at seven-day highs above 103. The unwinding of cross positions is helping the yen hold its own today as it consolidates near its worst level o...

2023-06-22 07:06:00 ET Summary A 25 bp hike is widely expected from the Bank of England today, but after a strong inflation report, the risk is clearly for a 50 bp hike. A quarter-point move could see sterling sold. The dollar is on the defensive. The recovery we expected has been...

2023-06-21 07:35:00 ET Summary Sterling has been sold on the news of higher-than-expected consumer inflation and a budget deficit and is the weakest of the G10 currencies, off about 0.5%. The dollar is mixed, with the euro, Swedish krona, Canadian dollar, and Swiss franc posting s...

2023-06-20 09:45:00 ET Summary Sticky inflation is leading major central banks to keep policy tight. We prefer emerging market debt as policy loosens and like short-dated bonds for income. Developed market short-term bond yields jumped after central banks signaled more rate hikes ...

2023-06-20 07:41:00 ET Summary The dollar is mixed but mostly stronger today. It is reversing lower against the yen after reaching new highs for the year. Like yesterday, the dollar bloc currencies and Scandis are the heaviest. EM currencies are mostly lower. The Mexican peso is t...

2023-06-16 07:37:00 ET Summary The dollar was sold off sharply yesterday, the day after the FOMC meeting. In fact, the swaps market is more convinced that the ECB hikes in July than the Fed. The Chinese yuan rose for the third consecutive session, the longest advance in more than ...

2023-06-15 08:12:00 ET Summary China's rate cut and likely additional supportive measures after disappointing data helped lift the CSI 300 by 1.6%, the most this year. The Hang Seng rose by nearly 2.2%, the most in three months. Europe's STOXX 600 is snapping a three-day advan...