Ashraf Laidi

by Adam Button USD regained strength after Friday's post-PCE slide. A series of inflation surprises left the market on edge ahead of the May PCE report, but the numbers were in line and that led to...

by Adam Button As the focus broadens on inflation in the developed markets space, some Emerging Market nations are already tightening. Rate decisions from the central banks of the UK and Mexico...

by Adam Button The Fed is increasingly resembling the chorus in the market with opposing views on the inflation risk, only there is a key difference. The kiwi was the top performer on Wednesday while...

By Adam Button What looked like a technical collapse in crypto prices on Tuesday turned into an improbable turnaround with Bitcoin finishing higher. In FX, last week's US dollar rally continued to...

A central bank turning hawkish is undoubtedly one of the great currency buying signals, and recent USD price action has sent that same kind of signal, but are we jumping the gun? DXY stopped at its...

The dominant theme in trading in 2021 was reflation, but that rested on the Fed letting prices run hot. On Wednesday, that was upended and so were bets on inflation in a sharp move lower in...

by Adam Button The US dollar is having its best week in 9 months, while gold saw its biggest daily percentage drop since January yesterday after the FOMC decision went beyond a surprising shift in the...

All eyes were on yesterday's FOMC decision/forecasts/press conference. Tuesday's soft US retail sales report was one more reason for the Fed to stress patience at Wednesday's FOMC. NZD and AUD were...

The sharp drop in Treasury yields in the past week is worrisome on its own, but what's most troubling is the total absence of any compelling explanation for what's happened. We look at the different...

By Adam Button The ongoing drop in Treasury yields underscores a market that less fearful of higher inflation, even with the US CPI report coming up. Kiwi and Aussie are the strongest of the day,...