Tag Archive: Federal Reserve

US dollar still on the defensive as raw materials drop in price

In Nordine Naam’s weekly forex blog for FX-MM, Natixis’ Senior Forex Analyst discusses the impact of the downturn in commodity prices on the US dollar. Despite the optimistic tone of the Federal Open Market Committee (FOMC) statement, the US dollar weakened slightly last week. This was due, in large part, to the downturn in price of raw materials. …

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Natixis’ Nordine Naam predicts the US dollar will continue to rally under Trump’s presidency in FX-MM

  In his weekly currency forecast for FX-MM, Natixis’ senior forex analyst, Nordine Naam, analyses the markets’ movements in light of Donald Trump’s US presidential election victory. While Donald Trump’s poll-defying victory prompted a negative knee-jerk reaction elsewhere, the US dollar received a boost – as the prospect of both stronger US economic growth and …

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Natixis’ Nordine Naam predicts the US dollar will continue to strengthen in FX-MM

In his weekly forex review for FX&MM, Natixis’ senior forex analyst, Nordine Naam, argues the US dollar will continue to strengthen in light of myriad global stimuli. Naam sees Trump’s sliding position in the US presidential polls, and the prospect of Fed Funds rate hike in December, as factors with the capacity to bolster the greenback’s …

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Natixis’ metal analyst, Bernard Dahdah, forecasts weak demand for gold in TFR

 Over the decades, central banks’ attitudes towards gold ownership have shifted in tune with transformations to the world’s monetary system and economic downturns. Writing for Trade and Forfaiting Review, Natixis’ metals analyst, Bernard Dahdah, analyses gold demand in light of myriad global phenomena including the financial crisis, rising demand from new markets such as China …

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In Natixis’ latest FX-MM blog, Nordine Naam examines last week’s Brexit-fuelled forex market movements

In his weekly blog for FX-MM, Nordine Naam, Natixis’ senior forex analyst, discusses the forex market’s movements last week – with Brexit risk dominating the discussion as opinion polls swing back and forth in the final days before the UK’s referendum on EU membership. Certainly, Brexit risk has instilled market uncertainty in the run up to …

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City AM speaks to Natixis’ Abhishek Deshpande on potential OPEC and Russia deal

OPEC’s dominance as the world’s foremost oil producer has been gradually eroded by technology advances in expensive shale oil drilling over the last two decades, from 60% to around 30% – mostly from the US and Russia. In light of this, a deal between Russia and OPEC to reduce output has been suggested. However, Abhishek Deshpande, lead oil …

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In Natixis’ latest FX-MM blog, Nordine Naam examines why ‘the market is in wait-and-see mode over Greece’

Despite Janet Yellen appearing cautious around disclosing any information regarding the timing of interest rate hikes given global risks – one being an eventual “Grexit”, while another a stronger dollar penalising US exports –  Nordine Naam remains confident in this week’s FX-MM blog that the Fed will raise the Funds rate in September. Providing a …

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