Yves Sanquer

Currencies: Sterling gets good momentum

What's going on in Her Majesty's land? The British currency has put in a fine weekly performance that can hardly be blamed on American inflation (although that's a bit of a stretch).

16 July 2024 at 12:00 am AEST

Rates: Thank you Mr. CPI!

Investors of all stripes were eagerly awaiting this, and we can only conclude that they were not disappointed. Last Thursday's US consumer price data rekindled speculation of a first rate cut in September. Why all the excitement? Here's a look back at a day that was special in so many ways.

15 July 2024 at 11:57 pm AEST

Currencies: the yen and the euro, two currencies under pressure

When it comes to the top currencies, the Japanese yen is undoubtedly at the top of the list, with record weakness against all G10 currencies. The euro is also in the crosshairs of currency traders, and is suffering from numerous sell-offs.

02 July 2024 at 06:16 pm AEST

Interest rates : Understanding the yield curve

A new feature is now available on Marketscreener.com, so today we take a closer look at the yield curve. Even if you're only invested in equities, it's always useful to look at the other side of the fence, to see and understand how other market players think. An informed investor is worth two.

02 July 2024 at 06:09 pm AEST

Currencies: SNB: 2, rest of the world: zero

For the second time since the start of the year, the Swiss National Bank has lowered its key interest rates. It has to be said that the situation in Switzerland is very different from that in Europe.

25 June 2024 at 12:20 am AEST

Rates: Big moves

The Fed isn't the only thing in the life of a stock market investor. From time to time, it's a good idea to look outside the box, to take the temperature of the world.

25 June 2024 at 12:12 am AEST

Currencies: It's a swingin' good time!

Welcome, thrill-seekers. Between central bank meetings and political turmoil in Europe, currency traders have plenty to speculate about the future of both the dollar and the euro. Let's jump in.

18 June 2024 at 12:42 am AEST

Interest rates: The double effect returns

Between the Fed meeting on the one hand and the French situation on the other, a lot is happening in the world of rates. These two events have a strong impact on the bond market, which is always on the lookout for good or bad news.

18 June 2024 at 12:26 am AEST

Currency: The Euro isn't penalized by rate cuts, but by European elections

While the European Central Bank has lowered its main key rates, the euro will have to wait for the outcome of the European Parliament elections to take its toll.

10 June 2024 at 11:52 pm AEST

Rates: Christine draws faster than Jerome

Unsurprisingly, the European Central Bank cut its key rates by 25 basis points, joining the Swiss National Bank and the Bank of Canada. For its part, the Fed is likely to take its time, even if it is keen to be accommodating ahead of the forthcoming US elections.

10 June 2024 at 11:46 pm AEST

Currencies: New opportunity for the euro against Nordic currencies

Let's put aside the endless and recurring questions about the timing of the first rate cuts to focus on a technical situation which we find interesting. The euro is back on technical support against several currencies, including the NOK and SEK. Here's a quick update.

04 June 2024 at 01:19 am AEST

Rates: Which rate cut?

While the timing of the first rate cut is still a matter of debate within the financial community, rates traders have long since revised their plans in the light of macroeconomic data and the sometimes shaky rhetoric of the major central banks.

04 June 2024 at 01:15 am AEST

Currencies: How much? Just a pound!

After looking at some particularly weak currencies (JPY and CHF), it was time to take a look at the other side of the fence. Among European currencies, sterling is doing particularly well, even against the euro. But it's against the Canadian dollar that the configuration is most interesting.

27 May 2024 at 10:57 pm AEST

Interest rates: A goldilocks scenario that never lasts forever

Since October 2022, stock markets have embarked on a narrow path that leaves little room for doubt. Four pillars explain the current movement: inflation on a downward slope, a return to accommodative monetary policy, and a soft landing for the US economy aided by productivity gains generated by the IDA.

27 May 2024 at 10:56 pm AEST

Currencies: Back to the future

Two weeks ago, the focus of this weekly currency newsletter was on the BoJ's supposed intervention in the foreign exchange market to push down the yen. A look back at this episode and the central bank's weak alternatives.

20 May 2024 at 11:41 pm AEST

Rates: Viva America

America is still on top of the stock market world, thanks to economic indicators that are neither too hot nor too cold.

20 May 2024 at 11:39 pm AEST

Currencies : Can the Australian dollar continue his bullish path?

The Australian dollar has soared, particularly against the major commodity currencies, even if the RBA has not adopted the hawkish stance that some traders were hoping for. Nonetheless, the Australian currency is now facing serious resistance, which will have to be overcome if it is to continue its recent rally.

14 May 2024 at 12:35 am AEST

Interest rates: Has the risk of recession been definitively averted?

In 2022, all the media and the majority of economists were predicting the imminent onset of recession in the US, due to a particularly rapid cycle of monetary tightening. Nearly two years later, with equity markets at all-time highs, have we escaped the worst?

14 May 2024 at 12:29 am AEST

Currencies: Sellers are relentless on the CHF

With the Swiss National Bank's interest-rate cut, the Swiss currency is performing poorly. It even has the luxury of trailing the Japanese yen in terms of negative relative performance against the dollar, the euro, sterling, the Canadian dollar and Russia. And that's just the beginning!

29 April 2024 at 11:46 pm AEST

Rates: To infinity and beyond

Thanks Buzz. The breach of the 4.60% mark on the US 10-year yield puts paid to our long-term scenario of an intermediate recovery before a new downward salvo. It's time to update all this and take recent developments into account.

29 April 2024 at 07:58 pm AEST

Currencies: It'll be alright, it'll be alright...

Did you say "revolution"? Not at all. The dollar is still taking advantage of the postponement of the first rate cuts to reign supreme, whether against European or Asian currencies. The revolution will have to wait a little longer.

23 April 2024 at 07:10 pm AEST