Daniel Katzive
Daniel Katzive
continued dollar fed markets price reason staying strong
The reason the dollar is staying strong is because markets have continued to price in more Fed tightening.
aversion bit crude ease equity global helped markets moderate prices risk tone
The better tone in global equity markets as crude prices moderate a bit has helped ease risk aversion concerns, to the dollar's benefit.
amount continue core dollar fair harder interest market markets move rate watching yields
The FX market is watching interest rate markets and short- end yields have come off and that's because core CPI was tame. For the dollar to continue to do well, you need interest rate expectations to continue to move in its favor, and with a fair amount of tightening already priced in, that's getting harder and harder.