The combination of the disappointing US retail sales and small inventory build has encouraged a new bout of dollar selling. The world’s …
Equities and bond markets are mostly trading higher today. The dollar is little changed against the euro and yen but is softer against the …
The unwinding of the long bonds/long US dollar position is continuing this week after it appeared to have reached climactic proportions last week. Eurozone …
The US dollar has begun the new week on firm footing, but the tone is more consolidative than trending. The dollar-bloc currencies, led …
In the past, has a sudden move towards a strong dollar been associated with recessions? With some qualifications, the answer is “yes.
The key issue today is whether the ADP estimate of US private sector employment growth in April will be sufficient to fuel a …
The US dollar is narrowly mixed to start the new week. Both Tokyo and London markets are closed today making for somewhat lighter …
The broad-based dollar sell-off this week has considerably narrowed. The dollar’s losses have become move concentrated in the post-FOMC sessions with just the euro …
The euro pullback spurred by the Federal Reserve statement that continued to regard the slowdown as having to been partly caused by …
The US dollar has yet to stabilize against the euro and sterling, although it has steadied against the dollar-bloc currencies and yen. The …
