Previous 10 | Next 10 |
home / stock / erotf / erotf news
Summary We believe it is unlikely that Fed Chair Jerome Powell will navigate a pivot to a less-hawkish stance before early in 2023. We expect China to grow at a meager 2%-3% pace in 2022, with the potential for these risks to bleed into 2023, as a slowing developed-market consumer...
Summary The US dollar is mostly consolidating inside yesterday’s range. Sterling is firmer, as are UK Gilts. The market reaction to the UK's mini budget was dramatic, to put it mildly. EM currencies are mixed. The South African rand and South Korean won lead the advance...
Summary Sterling slumped to $1.0350 in early Asian turnover as the market continued to react to the government's "mini-budget". The dollar is broadly higher. All the G10 currencies and most emerging market currencies are lower. Many of the largest Asian equity markets, exc...
Summary The dollar surged last week. It will likely rise further, but may consolidate as interest rates stabilize. Sterling was pummeled to $1.0860. Its biggest drop (~3.5%) was recorded in reaction to the new government's fiscal package. The Swedish krona was the poorest perf...
Summary Is there an overarching gestalt framework for currencies? FX professionals gauge the value of one currency against a set of other currencies. How well the EUR compares with other currencies — USD, JPY, GBP, CHF, CNH, etc. The euro’s value relati...
Summary The Federal Reserve met expectations and hiked rates 75bp. With inflation proving to be far stickier than imagined, the Fed repeated that activity needs to slow much more with the door left wide open for a fourth consecutive 75bp hike in November. There is a strong clu...
Summary The dollar has recorded new two-year highs against the dollar bloc and Chinese yuan. Sterling was sent to new lows since 1985. Asia-Pacific bourses were a sea of red for the sixth decline in the regional benchmark in the past seven sessions. Europe’s STOXX 6...
Summary Yesterday’s late rally in US shares carried into the Asia Pacific session where all of the large markets advanced. The Riksbank delivered a 100-bp hike today to 1.75%. Most economists had expected a 75 bp move, while the swaps markets saw the risk of a larger move. ...
Summary This week the Fed funds rate will likely rise above the prior Fed funds rate hiking cycle for the first time in 40 years or so. I am of the opinion that the Fed overly stimulated the economy in 2021 and now we are all paying the price for their past mistakes. It is thi...
Summary US Treasuries have not traded in cash market, while the December futures point to a couple basis points higher yield. The Australian dollar initially rose edged above the pre-weekend high to almost $0.6735 before sellers emerged that pushed it below $0.6680. Weakness i...
News, Short Squeeze, Breakout and More Instantly...
Barclays PLC iPath EUR/USD Exchange Rate ETN Company Name:
EROTF Stock Symbol:
OTCMKTS Market: