Market News

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

The Dollar is up early this morning after seeing the Dollar Index fall to lows we haven’t seen since July 9th of this year. The recovery coming after investors were seemingly shrugging off the escalating trade war between the US and China. USDCAD is trading sideways today as Canadian CPI met expectations of 2.8% growth

The Dollar continues to slide as the markets appear to be shrugging off concerns of the trade war between the US and China following the new measures both sides have taken this week. The US imposed tariffs of 10% on $200B in Chinese goods, while China retaliated with its own tariffs on $60B of US

The Dollar remains flat against its counterparts this morning, as news from the White House announced a 10% tax on over $200B in Chinese goods effective next week, with that number increasing to 25% by year’s end. Trump cited China’s retaliatory responses as the reason for imposing the further tariffs. China has taken a firm

The Dollar Index has rebounded from yesterday’s slump as trade concerns crept back into the picture, leading trader’s to return back to their safe-haven comfort zones. Trump announced last week that tariffs totaling as much as $267B could be levied against China. China is looking to get permission from the World Trade Organization to impose

The Dollar was down this morning as traders were waiting to see how the Trump administration proceeds with the $200B in tariffs against Chinese imports after Thursday’s deadline. As expected, China has stated that it would retaliate accordingly if they were slapped with this round of tariffs. NAFTA talks continue and the pressures of striking

The Dollar is steady today as traders still face concerns of global trade tensions and emerging market turmoil. Today is the deadline for public input on $200B in tariffs against Chinese imports. Trump is looking ahead to the midterm elections, and imposing more tariffs on China may be a political tool to appease his supporters.