Market News

The Dollar Index has rebounded from yesterday’s slump as trade concerns crept back into the picture, leading trader’s to return back to their safe-haven comfort zones. Trump announced last week that tariffs totaling as much as $267B could be levied against China. China is looking to get permission from the World Trade Organization to impose

The Dollar was down this morning as traders were waiting to see how the Trump administration proceeds with the $200B in tariffs against Chinese imports after Thursday’s deadline. As expected, China has stated that it would retaliate accordingly if they were slapped with this round of tariffs. NAFTA talks continue and the pressures of striking

The Dollar is steady today as traders still face concerns of global trade tensions and emerging market turmoil. Today is the deadline for public input on $200B in tariffs against Chinese imports. Trump is looking ahead to the midterm elections, and imposing more tariffs on China may be a political tool to appease his supporters.

As we come back from the long weekend, trade tensions are front and center as negotiations with China continue to deteriorate a new North American trade deal has yet to be reached by the North American counterparts. The Dollar rose across the board this morning as trade concerns between China and the US continue to

The Dollar was lower during the overnight session as US-China trade tensions were escalated again after it was announced that Trump wants to moved ahead with the plan to impose $200B worth of tariffs on Chinese goods. The Dollar subsequently got a boost this morning as we entered the North American session when a Canadian

The Dollar Index is down this morning for the fifth consecutive day, as global trade tensions appear to ease and investors are more willing to take risks on currencies outside of the safe-haven status. With some investors betting on deal being reached to replace NAFTA, CAD and MXN have seen gains over the past week

A new North American trade deal appears to be near the finish line, as the US has set a strict deadline on Friday for a deal to be completed. Time will not be a friend to the negotiators as Canada just joined the table yesterday afternoon. The markets are still confident that a compromise can

The Dollar is broadly higher after the Fed Minutes indicated that further interest hikes were still on the horizon – with a 92.3% chance of a hike in September and forecasts for another hike in December. The boost in the Dollar was spurred by the Fed stating that they continue to expect the US economy

The Dollar is lower across the board after Trump spoke with Reuters and stated his displeasure with current Fed boss Jerome Powell for hiking rates and not assisting the President with boosting the economy. This is not the first time that the Trump administration has gone against the grain and called out the Federal Reserve.

After surprising inflation data out of Canada on Friday morning, the Canadian Dollar roared back against USD erasing Dollar gains from earlier in the week. CPI Inflation accelerated growth YoY by 0.5% (3.0% vs 2.5%), which is the highest levels we’ve seen since September 2011. Despite traders appearing to be bullish on CAD, current pricing