Interest rates

After slipping for the past three weeks, the US Dollar Index is testing key previous support at the 103.00 level, potentially setting the stage for a bounce on solid jobs data.

The start of a new Fed rate cut cycle doesn’t necessarily lead to the “obvious” bullish reaction in the S&P 500 and DJIA that the “don’t fight the Fed” mantra would have you believe... read on to see the actual data!

It appears clear that the next change to interest rates will be a rate cut, and the question now is when exactly the Fed’s easing cycle will begin.

Why the US dollar could benefit from fewer rate cuts than expected following a relatively quiet 2023...

USD/JPY is showing signs of rolling over, but remains in a longer-term uptrend ahead of the BOJ and Fed

The US dollar rises as the Fed still expects another rate hike and only two rate cuts next year

USD/JPY is holding steady near its highest levels of the year, with traders watching the well-defined short-term range from 145.00-146.60...

Gold is threatening to close lower for its 6th straight day, with potential to extend its drop toward $1865 before finding support...

Interest rate risk tells bond traders how much their portfolio will diminish when a central bank hikes its rates. Learn how to manage interest rate risk with diversification and hedging strategies.

Powell appears to be threading the needle between leaving the door open for additional rate hikes while remaining responsive to the current banking stresses.

Markets have been rocked by the biggest banking crisis since the 2008 financial crash.

A 25-basis point rate hike was mostly priced in, especially in light of the latest inflation data that was released on Wednesday

We agree with the market’s expectation that Jerome Powell and company are likely to deliver a 25bps interest rate hike this month, though we certainly wouldn’t be shocked to see the central bank hold fire for now.

How did SVB collapse and what does it mean for financial markets?

Fed Funds futures traders are pricing in a full 50bps of interest rate cuts by the end of the year!

While there seems to be a clear consensus that the central bank should slow its pace of rate hikes, the ultimate question for this week’s meeting will revolve around the so-called “terminal rate,” or how high the Fed will have to push interest rates next year before pausing the rate hike cycle.

Major central banks around the world have been hiking rates at an unprecedented pace in order to try and cap inflation, which in some countries is at or near 40-year highs.