... months against the euro.
At 0914 GMT, the Swedish currency was down 0.5% against the euro at 10.0175.
The Norwegian crown also strengthened, with the Nokkie getting 0.6% against the
exchange rate at 9.7828.
Simon Harvey, Senior FX Analyst at
, said that the Swedish crown reload was not only part of the rebound in riskier currencies, but that the inflation data contributed to the move.
Dollar, which is seen as a liquid proxy for risk appetite, was up 0.5% against the ...
... 12% last week, while December futures were priced in a 45% probability of a rate increase by then.
Over the weekend, Sterling traders have spent the morning pricing in the commentary from BoE officials, said Simon Harvey, senior FX market analyst of
We see the pound s gains from here as limited due to concerns over the underlying level of economic activity. Sterling rose against the dollar to $1.3635 at 0823 GMT, after briefly reaching a two week high. Versus the euro, it rose 0.2% to 84....
... far-reaching implications for everyone from corporations to global central banks.
The U.S. dollar move we're seeing at present is due to a confluence of factors that are all aligning to create the perfect storm, said Simon Harvey, senior FX market analyst at
One key driver behind the dollar's strength has been a more hawkish Fed https: www.reuters.com/cites. com investor finance Fed-likely (open-bond - buyingtaper - door-hedge - outlook - 2021 - 09 - 22) who last week said it would start ...
... 1. It was the last flat at $1.1712. The dollar gained ground earlier as nagging concerns about the global economy forced investors to seek safety in greenbacks. Markets are always lagging with macro risks, says
market analyst at
. We have the risk of a slowing Chinese economy, rising
cases in the Asia Pacific region and slower growth generally. In
the United States
housing starts dropped 7.0% to a seasonally adjusted annual rate of 1.534 million ...
... stakes for the Fed policy meeting next month, as investors weigh when the central bank will outline its plans for rolling back monthly asset purchases.
The data give the markets some sort of direction, says Simon Harvey, senior FX market analyst at
. The Fed is setting up the next
event and the August event in September.
Some implication of higher yields could be a drag on tech stocks with lofty valuations, as rising interest rates erode the value of longer-term cash flows. ...
... not reinvesting proceeds.
'While markets initially took the news of the 7 - 1 split as dovish, the undertones of today's policy statement and monetary policy report are much more optimistic than first expected, said Simon Harvey, senior FX analyst at
surged 0.35% to $1.1854, after recovering from a top of $1.1899 overnight. The dollar topped also 109,75 yen, although the dollar began to recover some lost ground.
On Wednesday, Fed vice chairman
said conditions for ...
... its meeting next week and government reaction thereto pose a huge event risk says Tayyip Erdogan, senior FX market analyst at Monex, given the president's call for rate cuts in August.
Erdogan's interference in monetary policy and his firing of a hawkish ... ...
's index of EM shares was up 0.2%, helped by gains in most emerging European bourses as well as those in Asian regions of
's largest television company
dropped 6% to weigh most on the Hang Seng index ...