News & Analysis

The US dollar’s bull run has come to an end. Softening inflation prints point to an upcoming end to the Fed’s aggressive hiking cycle, while positive signs coming out of China have renewed traders’ optimism that the economic growth picture outside the US isn’t totally dire. This week, the RBNZ and the Swedish Riksbank are the only major central banks gearing up for a rate hike, but we’ll also receive meeting minutes from the Fed and Banxico’s previous decisions. In this week’s edition of “Questions from the floor,” we discuss how far the dollar can drop, the potential market impact of a renewed escalation in Russia’s war in Ukraine, and the reasons why inflation trends in North America and Europe have diverged.

You can read the Week Ahead in full here:

DOWNLOAD THE FULL REPORT

 

Authors: 

Simon Harvey, Head of FX Analysis

Jay Zhao-Murray, FX Market Analyst

María Marcos, FX Market Analyst

 

Disclaimer
This information has been prepared by Monex Canada Inc., an execution-only service provider. The material is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is, or should be considered to be, financial, investment or other advice on which reliance should be placed. No representation or warranty is given as to the accuracy or completeness of this information. No opinion given in the material constitutes a recommendation by Monex Canada Inc., or the author that any particular transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research, it is not subject to any prohibition on dealing ahead of the dissemination of investment research and as such is considered to be a marketing communication.