US dollar stronger

Risk sentiment is weaker in overnight trading, with a higher VIX and US equities down over 1%, says BNZ Markets this morning. The US 10-year Treasury continues to trade near its highest level since 2007. The USD is broadly stronger, although with only small moves,...

Central banks in the spotlight

22.9.23 Markets have been jittery following the Fed’s hawkish-hold yesterday, while in a close call the Bank of England opted to leave rates unchanged, for the first time in nearly two years, notes BNZ Markets. Steeper yield curves have been the order of the day, with...

Strongfer US dollar

In currency markets, the US Dollar was weaker in the lead-up to the US Federal Reserve’s FOMC meeting with the dollar index close to 0.4% lower, notes BNZ Markets. The pound underperformed within G10 as the market reduced the chance of further tightening by the Bank...