Tag Archives: USD

Eye-Opener: Greece passes the test, a US hike doesn’t, and EURUSD stays in range

Janet Yellen’s bi-annual appearance requires patience.

While the path of least resistance looks to remain up in the Dollar to start today,

EUR was mostly unchanged at 1.1337, while GBP fell 0.1% to 1.5441.

US Treasuries rallied (10-year yield down by 6 bp),

The stock markets ended slightly higher on Friday (S&P 500 up 0.61%),

The EUR got stuck despite better data, and Greece is only part of the story.

In the week ahead, Tuesday’s testimony by Federal Reserve Chair Janet Yellen to

The Dollar is peaking out above this week’s highs early this morning

Given our forecast of continued solid job growth, we expect the Fed to

Germany is leaving the door open for an agreement based on

The Dollar appears to be disappointed by the less than hawkish stance from

US-Treasury yields fell by 7 to 10 bp yesterday reacting to the slightly dovish FOMC