logo
episode-header-image
Jul 2023
4m 8s

Dollar extends fall ahead of US inflatio...

XM.COM
About this episode

US dollar beaten up as US inflation report looms. Narrowing yield differentials turbocharge the yen. RBNZ takes the sidelines, BoC takes the central bank torch. Wall Street and gold gain on sliding Treasury yields.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.

Up next
Jul 11
Trade tensions heat up, dollar firms, but stocks and cryptos stay bullish
Send us a textTrump threatens 35% tariffs on Canada in another shock move, EU could be next. Remaining countries face tariffs of 15% or 20% in a major escalation. But only oil, loonie and yen slump, while stocks extend weekly gains. Gold gains some traction but star performer is ... Show More
5m 45s
Jul 11
Week Ahead: A storm of CPI data and China's GDP in focus amid trade uncertainty
Send us a textDollar attracts safe haven flows amid trade anxiety. US inflation data could shake July Fed cut probability. UK, Canadian and Japanese CPI numbers also on tap. Weak Chinese growth may increase calls for more stimulus.Risk Warning: Our services involve a significant ... Show More
6m 40s
Jul 10
Trump threatens 50% tariffs on Brazil but stocks shrug it off, dollar steady
Send us a textTrump announces fresh round of tariffs on Brazil and smaller nations. Butonly mild risk aversion as Nvidia drives equities higher, hits $4 trillion cap.Fed minutes erase July cut bets as doves in the minority, dollar supported.Bitcoin hits record high, comes just sh ... Show More
5m 30s
Recommended Episodes
May 2021
Inflation risks: 'too much complacency'?
In this week’s episode of IG’s Trading the Markets podcast, IGTV’s Victoria Scholar speaks to Daniel Lacalle, chief economist at Tressis, about the post-pandemic recovery for the US economy, monetary and fiscal policy, and the potential economic risks ahead. Lacalle says there is ... Show More
18m 56s
Sep 2023
Economic stimulus from China boosts equities
After US labour market data drove up stock prices on Friday, today it is China and its government's measures intended to prop up its ailing economy that are driving market sentiment. In commodities, oil prices are trading at levels last seen in November on fears over supply cuts ... Show More
10m 18s
Sep 2023
The strong US dollar gets stronger
The US dollar has been on a tear, just reaching a six-month high. It might be a sign investors and traders are getting used to the idea that US interest rates will be “higher for longer.” Today on the show, we look at the greenback’s continuing strength and try to understand how ... Show More
13m 19s
Jun 2024
July rate cut off the table after strong US jobs report
US jobs growth surged in May and wages accelerated, prompting traders to push back the expected timing of US Federal Reserve interest rate cuts. US Treasuries sold off, pushing yields higher on Friday. And while equity markets in Europe ended the day lower, US stocks initially fe ... Show More
9m 52s
Jul 2023
Markets dominated by central banks
After the US Federal Reserve raised interest rates by a quarter of a percentage point and the European Central Bank followed suit, it was the Bank of Japan’s turn to announce its policy decisions this morning. While leaving its monetary policy unchanged, it signalled a loosening ... Show More
15m 42s
Oct 2022
Mike Wilson: The Problem with the U.S. Dollar
With rates and currency markets experiencing increasing volatility, the state of global U.S. dollar supply has begun to force central bank moves, leaving the question of when and how the Fed may react up for debate. ----- Transcript ----- Welcome to Thoughts on the market. I'm Mi ... Show More
4m 22s
Aug 2023
US bond yields rose to their highest since 2007
Higher bond yields in developed markets are spooking equity markets, but some on the bond side see the higher yields as too attractive to miss out on. Services prices in Japan rose at the fastest annual rate since 1993. China is pushing hard against a weaker yuan. Bitcoin drops l ... Show More
12m 44s
Sep 2022
Andrew Sheets: The State of Play in Markets Globally
There has been a lot of market movement in recent months, so as we exit the summer, what are the market stories and valuations that investors should be aware of? -----Transcript----- Welcome to Thoughts on the Market. I'm Andrew Sheets, Chief Cross-Asset Strategist for Morgan Sta ... Show More
3m 26s
Jun 2022
MM070: Biggest Fed rate hike since 1994. But are they making a mistake?
Yesterday the US Federal Reserve hiked interest rates by 0.75% in another hawkish pivot in their on-going quest to tame inflation. They also said they intend to raise interest rates a further 1.75% across their remaining four meetings in 2022 We discuss the market fallout in the ... Show More
37m 7s
May 2024
How high is too high?! | MarketTalk: What’s up today? | Swissquote
Equity bulls around the globe celebrated in style the softer-than-expected US CPI data last week. The global equity rally was further juiced by the expectation that a softer inflation in the US would not only allow the Federal Reserve (Fed) to start cutting the rates this year, b ... Show More
10m 31s