An Uneven USD Pullback; What’s Next? – Credit Suisse

The US dollar is no longer sweeping the board, and actually losing out to some currencies. The changes are far from being even. Credit Suisse analyzes the situation and explains what’s next for the greenback: Here is their view, courtesy of eFXnews: Last week’s FOMC meeting decision saw the “patience” language removed but at the [&hellip

Get Ready For More FX Volatility Ahead – SocGen

Foreign exchange volatility has risen of late and it doesn’t depend on the dollar necessarily going up. The team at SocGen says that there is more to come and demonstrates with a EUR/USD chart: Here is their view, courtesy of eFXnews: Given the dovish arsenal deployed by most G10 central banks, most of currency volatility originating [&hellip

US Core inflation rises to 1.7% y/y – USD stronger

All US inflation numbers beat: headline CPI rises 0.2% and core CPI rise 0.2%. Year over year, CPI is flat and core inflation rises to 1.7%, not too far from the Fed’s 2% target. While the Fed monitors Core PCE rather than Core CPI, these upbeat numbers on all fronts provide reasons for the dollar to rise. [&hellip