FlowBank

1184 days ago

Chart of the day: The dollar continues its inexorable decline...

The dollar closed at its lowest since February 2018 (within a tick or two of breaking that critical support)...source: www.zerohedge.com 

#Forex
Bloomberg Dollar index

1186 days ago

Emerging markets currency have reached their strongest level agains the dollar

They have never been this strong since the beginning of the MSCI data, which goes back to 1997. 

#Forex #Macro
MSCI index ultra strong vs the dollar

1186 days ago

The Yuan is having its biggest one-day rally vs. the dollar since November

Source: Bloomberg

#Forex
Yuan Dollar China

1186 days ago

Forex spotlight; the Swedish krona

Sweden's krona gained 14.5 per cent its best increase since 2006 against the US Dollar. The krona is relatively attractive from a monetary policy perspective. Sweden's central bank raised benchmark rates to 0% in 2019 and it expanded its balance sheet much less than other banks. Sweden's unemployment rate dropped to 7.7% during the pandemic while peer countries increased. The dollar has lost 11% vs the krona YTD. Source: Barrons/FT

#Forex
SWEDISH KRONA

1190 days ago

British pound highest since 2018 after Brexit deal agreed

Brexit deal in place on final day of transition period

#Stocks #Forex
British pound highest since 2018 after Brexit deal agreed
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