Daniel Katzive
Daniel Katzive
begins coming data dollar economics likely renewed slow team
If US data begins to slow markedly in the coming weeks, as our US economics team suspects, the dollar is likely come under renewed pressure.
aversion bit crude ease equity global helped markets moderate prices risk tone
The better tone in global equity markets as crude prices moderate a bit has helped ease risk aversion concerns, to the dollar's benefit.
boost borrowers costs course currency funding lowest yield
It's got to be the yen. That is the currency with the lowest yield and borrowers can be comfortable that the BOJ is not going to significantly boost their funding costs over the course of the year.
data dollar environment heading likely market prevent remain strong timing
Data has been strong enough heading into year-end to prevent market participants from making strong conclusions on the likely timing of the end of the Fed's tightening cycle, and in this environment the dollar is likely to remain well-supported for now.
australian continued dollars expense high morning strengthen zealand
The yen continued to strengthen this morning at the expense of high yielding currencies such as Australian and New Zealand dollars as well as the US dollar.
adjustment dollar interest weakness week
There's more to the dollar weakness this week than just an adjustment in interest rates.
apparently continued higher move oil prices taken
Oil prices have continued to move higher and equities have apparently taken it badly.
backdrop dollar global good growth needs remain
The dollar needs a good global growth backdrop to remain well supported.
continued continuing currency dollar equity interest market rate respond shift tone work
The dollar is continuing to respond to the new shift in tone from the FOMC yesterday, and that has continued to work through, not only on the currency market but also on the interest rate and equity markets.
amount continue core dollar fair harder interest market markets move rate watching yields
The FX market is watching interest rate markets and short- end yields have come off and that's because core CPI was tame. For the dollar to continue to do well, you need interest rate expectations to continue to move in its favor, and with a fair amount of tightening already priced in, that's getting harder and harder.