-
Week in FX Americas – The Fed Stills Needs to Convince
Friday’s strong US jobs report has the Fed on track for a potential roll back of stimulus as early as this September or sooner for some of those eternal optimists. The market is now moving from theory to real possibility pricing, expressed by a surge in the dollar and a move in interest rates. Investors are now expecting the EUR to remain in the ‘underperformance category’ as the US yield advantage is set to trump the persistently low ECB rate environment. Continued weakness in the commodity market will dampen investor appetite for commodity sensitivity currencies like the loonie and the AUD. In the EM ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 5, 2013 3:40pm Jul 5, 2013 3:40pm
- Greener
- | Joined Jan 2010 | Status: Member | 667 Comments
- Comment #2
- Quote
- Jul 5, 2013 3:51pm Jul 5, 2013 3:51pm
- Mrjatu
- | Joined Apr 2013 | Status: Member | 8 Comments
- Comment #3
- Quote
- Jul 5, 2013 3:55pm Jul 5, 2013 3:55pm
- safdarhashmi
- | Joined Mar 2011 | Status: Member | 590 Comments
- Comment #4
- Quote
- Jul 5, 2013 4:55pm Jul 5, 2013 4:55pm
- Guest
- | IP XX.XX.199.241