Market News

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

The Dollar inched higher overnight but gains were capped as the US indicated that it would impose tariffs on an additional $200B worth of Chinese imports, furthering trade concerns. Trump will be meeting with NATO counterparts in Brussels today to discuss increasing military spend and trade. Trump has already called out Germany for not spending

The Dollar has rebounded during the overnight session as concerns regarding the immediate escalation of a trade war between the US and China has eased somewhat. After imposing this round of tariffs, Trump now turns his attention to NATO as he embarks on his upcoming European adventure. Trump will stop in Brussels to speak with

As we move into life after tariffs, markets seemed to shrug off any drastic immediate impacts that some analysts were fearing right out of the gate. On Friday the US imposed tariffs on China equaling $34B and China retaliated accordingly imposing its own tariffs. The Dollar continued its slide from the later part of last

With another holiday come and gone, North American trading gets back to business. Trade wars are on everyone’s mind as the stage is set for the US and China to throw massive $34B tariffs at each other on Friday with the US throwing slated to swing the first punch. A spokesman from China’s Commerce Ministry

Good morning and Happy Fourth! With the American holiday upon us, markets are expected to be slow today as trading has thinned out since the close of yesterday’s session. The Dollar limped into the holiday due to ongoing trade tensions as the deadline for the US to impose tariffs on Chinese imports is this Friday.