Market News

Rounding out what was a busy week on the calendar is US Non-Farm Payrolls and US Unemployment Rate. Expectations have Non-Farms rebounding after last month’s weak 103k release. If we see another month of lower than expected jobs numbers then dollar bears could come out as the Fed is looking for key economic data to

  The dollar has pulled back slightly following a solid run where we saw four month highs on the dollar index. Investors were looking to cash in following the Fed Rate Decision yesterday where the Fed added little in terms of new information to their outlook. The word symmetric was used twice in reference to

The dollar is down slightly from yesterday’s highs as we look towards the Fed Rate Decision later this afternoon. Dollar index was down 0.1% as of this morning, still within striking distance of the four month highs we saw yesterday on the index. It is expected that the Fed will be holding rates but will

The DXY is up 0.12% today, which is just shy of the highs we saw on Friday, lifted by positive US economic data as we look forward to the Fed tomorrow and jobs numbers on Friday. Yields on the 10-year treasury note is still buoying the dollar as we continue to flirt with the psychological

USD continues to climb against its peers, reaching highs on the DXY that we haven’t seen since January. The index jumped around 1.37% last week following the rise of US yields, leading to the outlook of a quicker pace for rates hikes from the Fed later this year. On Wednesday, we have the Fed Rate

To cap off a busy week, we head into the North American trading session with US Q1 GDP at 8:30 with expectations of a slowdown to 2% growth after last quarter’s 2.9%. The BOJ held rates at -0.10% as expected and German unemployment numbers failed to impress with Unemployment Change falling short of expectations and

An early start to the calendar today with the ECB maintaining rates of 0% as expected. Draghi will be addressing the media later this morning, which the markets will look to for answers on outlook for the eurozone. Following French President Marcon’s trip to the White House, whispers of Trump pulling out of the Iran

The dollar index continues to grind higher as the U.S. 10 year Treasury yield is trading above 3%.  The DOW was hit hard yesterday as Treasuries flirted with the pivotal level and U.S. equities are tagged for further declines today on the overnight breach of 3%.  The ECB rate announcement tomorrow is not expected to

After a quiet night in the markets, USD continues to outperform many of its counterparts despite slight retracements in most G7 currency pairs. As the yield on 10-year US Treasuries notes hit its highest level in over four years at 2.998%, it remained below the key threshold of 3% which investors see as the pivot

The dollar has continued riding Friday’s gains to start the week with US Bond Yields on the rise with the Dollar Index up 0.37% this morning, the strongest we’ve seen since March 1st.  Trade talks between US and China appear to be moving in a positive direction as Treasury Secretary Mnuchin is said to be