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The Dollar Blues

Disappointing US economic data and high volatility in the German bunds kept the dollar under pressure.  Over the past week the greenback fell against …

The Overly Strong Dollar Is Killing The U.S. Expansion Edition

  Monthly data for April included a decline in industrial production and capacity utilization; declining producer, import, and export prices; an increase in …

Emerging Markets: What has Changed

  1) China stimulus continues 2) India reform efforts are being stymied 3) Brazil’s fiscal outlook has worsened after the lower house passed …

Bund Bounce Helps Dollar Stabilize

The US dollar is enjoying firmer tone as the week winds down.  It is up against all the major currencies but the Norwegian krone …

Dollar Extends Losses as Economic Angst Deepens

  The combination of the disappointing US retail sales and small inventory build has encouraged a new bout of dollar selling.  The world’s …

Dollar-Bloc Firms, While Stabilization of Bond Markets Lifts Equities

Equities and bond markets are mostly trading higher today.  The dollar is little changed against the euro and yen but is softer against the …

US Dollar Falls as Bond Sell-Off Continues

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 …

Dollar Firmer But Going Nowhere Quickly

The US dollar has begun the new week on firm footing, but the tone is more consolidative than trending.  The dollar-bloc currencies, led …

Will a Strong ADP Report Stabilize the Dollar?

The key issue today is whether the ADP estimate of US private sector employment growth in April will be sufficient to fuel a …

Euro Slips as Big Week Starts Slowly

The US dollar is narrowly mixed to start the new week.  Both Tokyo and London markets are closed today making for somewhat lighter …

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