Charmaine Buskas
Charmaine Buskas
continues euro focus keeping lack market yield
The market continues to focus on the lack of yield in the euro-zone, keeping the euro on the defensive.
balance currency deficit dollar dominate key release selling theme today trade upside
Any upside in the greenback today may be mitigated by tomorrow's (Friday's) trade balance figures, which are the key release of the week. If they show a larger-than-expected deficit for June, dollar selling will dominate the theme in the currency markets.
continue fed hike view
It really reinforces the view that the Fed will continue to hike rates.
continues further hikes outlook point rate
On balance, the macro outlook continues to point to further rate hikes by the Fed.