The USD declined further in May as vaccination and recovery momentum increased in other economies. In the second half of the year, Corona-related differences between major economies should fade. That could mean a new level playing field for currency markets. However, markets are nervous that the Fed may have to tighten earlier. That could be good for the USD, but…
Economy and Interest Rates
The global recovery is accelerating in the second quarter in line with the vaccination progress. There are still significant differences by country and region, largely driven by the progress in fighting the Corona virus. The US was so far ahead but…
The USD weakened further versus all major currencies in May (the USD DXY was down 1.4%). CAD and SEK performed best, while only the JPY slipped. EM currencies…
Going into more detail: Based on our proprietary analytical framework to take scalable exchange rate positions we are taking a close look on individual currency pairs.
The USD declined further in May as vaccination and recovery momentum increased in other economies....» mehr
The USD strengthened in March on the back of improved economic sentiment and rising bond yields. The...» mehr