Market News

It was a mixed session in risk assets overnight with the gains in North America yesterday spilling over to Asia, but European stock futures are pulling back with NA indices pointing to a weaker open. USD is retracing recent losses with the aid of weaker UK CPI and EU’S Barnier suggesting the Brexit deadline/transition could

The Dollar Index slipped this morning after US retail sales data missed expectations and 10-year Treasury yields fell lower after hitting multi year highs last week. Retail Sales came in at 0.1%, missing expectations by 0.5%, while the 10-Year treasury Yield has fallen to 3.162 – down from the high of 3.250 last week. The

The Dollar Index stopped its three-day slide this morning after the global equities selloff eased today. The Dollar has encountered concerns over the last few month’s with trade wars and interest rates lingering over investors. The US will see the release of US U. of Michigan Sentiment this morning at 10am EST, where forecasts show

The Dollar Index is down this morning following a sell off in the US equities and bond markets on concerns over the impact of rising interest rates. Trump commented on the Fed again yesterday, saying that the Fed is crazy to continue its trajectory of gradual rate hikes over the coming months. The Dollar also

The Dollar Index is steady today as the US 10-Year Yields have come off their highs from yesterday, easing the gains we’ve seen from USD over the course of the past few trading sessions. Trump also chimed in on the Fed during an interview with CNBC yesterday. He stated his displeasure with the rate of

The Dollar has remained steady this morning as we await jobs numbers out of Canada and the US at 8:30am. The US economy is expected to add 185k jobs (vs last month’s 201k), but that number may be distorted due to Hurricane Florence’s impact on parts of the Eastern Seaboard. Investors are keeping an eye

The Dollar Index is down this morning, breaking a six day period of gains against a weighted basket of other major currencies. The Dollar slide was due to some positive moves from EUR, GBP and JPY. Despite the weaker index, Dollar sentiment was boosted yesterday after a Powell speech where he said that the economic

The Dollar Index continues to gain, extending its current rally to six day. The gains have been driven by external factors (ie. Brexit, Italy, etc.) and not a shift in sentiment out of the Fed to include a even more hawkish tone. With a new North American Trade deal reached earlier in the week, investors

The Dollar Index continues to see broad gains following the FOMC on Wednesday, however CAD has been pushing back this morning and is erasing the losses it saw yesterday against the Southern Dollar. This morning saw the release of CAD GDP (2.4% vs 2.2%), which beat expectations by 0.2%. Combining earlier momentum and positive numbers

The Dollar Index is up this morning following what was as cut and dry of a FOMC rate hike as possible. The Fed hiked rates by 25bps and remain on track to continue monetary tightening heading into 2019. The Fed also says that it still sees another rate hike in December. The only real change