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USD: Once This ‘Market Vacuum’ Is Over, USD will Head Back Higher – Danske
Year-to-date, the Dow Jones is up 1.71%, US 10Y yields are up 8bp and EUR/USD is 1 1/2 figure higher. Uncertainty is extraordinarily high given the lack of clarity on US economic policy, the risks of EU fragmentation with the Read More →
USD follows US Yields lower on data hitch
The US Dollar struggled to close in the positive last Friday, after a softer than expected US GDP reading for the 4th Quarter that was now confirmed at 1.9%. We also had durable goods orders for December which continued to Read More →
CHF: SNB Balance Sheet Has ‘Ballooned’; Where To Target? – CIBC
There have been some growing concerns about the recent expansion of the SNB’s balance sheet. It now stands 30% larger than when the EURCHF peg was abandoned two years ago.
However, even though last month revealed the first reduction Read More →
