Market News

This week we have a number of central banks delivering their respective interest rate decisions, while today is relatively quiet as we warm up for the parade of releases to come. With Bank of Japan on Tuesday, Fed on Wednesday and BoE on Thursday, the only expected hike is from Carney at the Bank of

President Trump spoke in Illinois yesterday and predicted that this morning’s GDP numbers were going to be terrific and show that the US economy is in good shape. Economists agree with the President, as expectations show 4.2% growth in annualized GDP – the strongest number shown in four years. Leading up to the GDP release

After meeting with European Commissioner Juncker yesterday, Trump has backed off on threats to impose tariffs on the European auto industry. In return, Juncker agreed that Europe would import more soybeans from the US. The Dollar Index was trading near multi-week lows, and the agreement with the EU has helped curb further drops. The Canadian

The Dollar Index is down this morning ahead of the meeting between the US and EU in Washington later today as trade tensions continue to heighten. Trump will be hosting the President of the European Commission, Jean-Claude Juncker as the EU attempts to defuse the escalating trade concerns over tariffs between the US and Europe.

The Dollar is mixed today as expectations are that the Fed will continue on its current plans of a gradual hike flight path despite Trump’s criticism about how it is impacted his progress on the economy. With limited primary data and focus on the Mueller investigation, USD trading has been relatively quiet. US House Price

The Dollar remains lower this morning as recovery from Trump’s targeted Tweet on the Federal Reserve’s independence has not materialized. Trump claimed that tighter monetary policy was penalizing the US by contributing to a stronger dollar. Over the weekend, a few other ripples emerged as Trump called out China and the EU for currency manipulation

The Dollar Index fell this morning as Trump took aim at the Fed and its approach to monetary policy. Trump said in an interview yesterday that he does not approve of the aggressive rate hikes coming from the Fed, referencing the work that he’s put into the economy only to see interest rates continue to

Following Putin catching the World Cup Final yesterday in Moscow, he traveled to Helsinki where he and President Trump are set to meet. Trump is under pressure to address the 2016 Election meddling accusations among other geopolitical matters. Many are skeptical that any positive takeaways will result in the meeting. Trump took aim at the

The Dollar Index saw gains during the overnight session on the back of on target CPI data yesterday as well as trade tensions, which have investors seeking the safety of the Dollar to close out the week. Trump met with British PM Theresa May yesterday and sparked a bit of controversy when he spoke with

The Dollar rebounded yesterday after taking a hit following the BoC Rate Decision where Poloz and co. announced a 25bps hike. After the BoC, investors set their sights to US data set for release Thursday and Friday. US CPI met expectations helping buoy the Dollar near the high of yesterday’s trading session. The U. of