Market News

The Dollar Index is down almost 0.3% this morning following yesterday’s Fed minutes as investors picked up on slightly dovish tones from the Fed. The notes indicated that another rate hike is reasonable (expectations are that they will hike at the June 13th meeting), however the Fed would allow for inflation to carry above its

The Dollar Index has fallen 0.19% since seeing five month highs late last week. Investors looked to take profit on the dollar following an impressive rally over the course of the last week and a half. Over the weekend the US and China furthered trade talks as China announced that they would reduce their import

The dollar continues to see gains across the board as the Dollar Index inched to the highest levels since mid-December on the coat tails of 10-year treasury yields reaching as high as 3.09%. Yields came off those highs, but they were the highest levels we’ve seen in seven years. Yields have been climbing following the

The dollar is up this morning following the lull we saw over the last few trading days. Global trade tensions and US Treasury yields reaching above 3% again are helping the dollar reverse the slide. Yesterday Trump stated that he would remove the ban on Chinese company ZTE from purchasing key tech components from American

  US-China trade tensions appeared to ease over the weekend as Trump took to Twitter to say that ZTE Corp is allowed to get back to business following policy that banned the Chinese company from purchasing American tech for seven years. Chinese Vice Premier Liu He will be traveling to the US on Tuesday to

When one door closes, another opens. Trump walked away from the Iranian deal earlier this week, helping oil climb to multi year highs. He has now agreed to a summit with North Korea in Singapore next month, which has been a task that has alluded the US for decades. Investors will be watching as they

The Dollar Index is down for the second day in a row as oil and commodity linked currencies continue to see gains and the US treasury yields fall below the key 3% level this morning. Following weeks of Dollar bulls, the market took a breather as investors look towards inflation figures for the US later

It was announced yesterday that the US will officially withdraw from the Iranian Nuclear Deal and Trump stated that the administration would implement the highest level of sanctions on Iran. Other countries that were part of the 2015 deal, including UK, France and Germany have pledged to remain committed to the agreement, with the Iranian

The Dollar Index is continuing to see gains reaching 93.08, the highest levels since mid-December. The Dollar is still seeing support from US Treasury yields as well as broadly stronger economic data that is fueling the expectations on steady rate hikes from the Fed this year. Oil has slipped from its multi-year highs yesterday as

Over the weekend, discussions to renew the Iranian nuclear deal were had with concerns that Trump will walk away from the deal. Israeli Prime Minister Netanyahu stated that the deal in principle was fatally flawed, while Iranian President Rouhani issued a warning that the US would face historic regret if they walk away from the