Analysis

FX Daily: Risk Re-assessment?

FX Daily: Risk Re-assessment?

Jitters in European banks on Friday fuelled a recovery in the dollar against pro-cyclical European FX. Markets are once again forced to re-assess the risks in the two epicentres of the banking crisis (US and Europe), and that will drive much of the G10 FX swings this week. Still, monetary policy differentials seem to point more clearly to a higher EUR/USD.
ACY Securities | 569日前
Risk sentiment improves as contagion fears ease further

Risk sentiment improves as contagion fears ease further

Asian stocks rose on eased banking fears. US Fed Governor called for tight policy due to inflation, but recent comments were less hawkish. UK inflation hit 8.9% in March, with food inflation at 15%. Today, no major releases, focus on Bank of England Governor testimony and ECB speeches. US dollar fell, GBP/USD and euro rose.
Moneta Markets | 569日前
German Ifo and BoE Bailey speech due

German Ifo and BoE Bailey speech due

Asian markets mixed as concerns about the global banking sector and Russia's decision to station nuclear weapons in Belarus weigh on investor sentiment. BoE Governor Bailey's speech, German Ifo business survey and US Fed policymaker Jefferson's discussion on monetary policy are key events today. Currencies remain in tight ranges as investors brace for volatility.
Moneta Markets | 570日前
Oil pops up

Oil pops up

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil pops up or Crude Oil Review
FxPro | 570日前
Bitcoin stuck at $28K

Bitcoin stuck at $28K

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin stuck at $28K
FxPro | 570日前
Deutsche Bank Tells A Tale?

Deutsche Bank Tells A Tale?

The woe of the banking sector is set to continue as even the biggest of the big comes into question. We talk about the most likely scenario and appropriate responses.
ACY Securities | 570日前
Dollar Index Climbs, US Bond Yields Steady; JPY Outperforms

Dollar Index Climbs, US Bond Yields Steady; JPY Outperforms

The Euro (EUR/USD) slid 0.78% to 1.0760 (1.0837) as European bank stocks saw a sharp decline. Growing concerns over the possibility of default, stemming from the SVB crisis weighed on sentiment. Wall Street stocks though rallied at the close with the DOW edging up 0.25% to 32,257.
ACY Securities | 570日前
Overview of US Session last Friday

Overview of US Session last Friday

The mood was poor at the opening of North American trade, as concerns about banks, particularly Deutsche Bank, hung over the market. Regional US stocks were also under pressure, while bonds were in high demand. As a result, as US 2-year rates touched post-SVB lows, traders sought safe havens in the US dollar and yen.
ACY Securities | 570日前
AUD Overview

AUD Overview

I believe that the RBA has finished increasing interest rates, at least for now. Based on my analysis, I predict that the RBA will hold the cash rate at 3.60% for several quarters after pausing in April.
ACY Securities | 570日前
Is Deutsche Bank Next?

Is Deutsche Bank Next?

Deutsche Bank has fallen 30% in the past few weeks. It collapsed sharply on Friday, and the Chancellor has had to reassure investors over the weekend that it is a strong bank.
ACY Securities | 570日前