Day: August 22, 2016

Dollar Weakness and Fed Expectations

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Dollar Weakness and Fed Expectations – Marc to Market Edit The US dollar has fallen against all the major currencies this month. Even the pound has gained about 0.3% against the heavy greenback. What is most striking about the dollar’s decline is that is has taken place despite a modest upgrade of the odds of …

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Fischer Joins Dudley; Waiting for Yellen

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Last week, some market participants were giving more credence to what seemed like dovish FOMC minutes than to NY Fed President Dudley’s remarks that accused investors of complacency over the outlook for rates. Yesterday, Vice-Chairman of the Federal Reserve Fischer seemed to echo Dudley’s sentiment, and this has underpinned the dollar and is the major spur …

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Day: August 22, 2016

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