Free Registration Required

Currency Thoughts has attracted a wide variety of regular readers as well as casual visitors.

In order to provide more focused service we are now requiring registration for this feature.

Many professionals involved in FX trading as well as economists in academia rely on this feature to begin their day. It is a comprehensive summary and examination of what data are out, what that data mean, what important market moving statements have been made, and what other important events might impact the day.

This summary, compiled by an analyst with the experience and perspective to prioritize and organize, supports an informed and articulate approach to each new day's FX activities.

A registration process will enhance our ability to identify our readers and focus on their interests and concerns.

Registration is free, fast and private. Review our privacy policy here.

Click here to register.

Registered users, please click here to log in.

New Overnight Developments Abroad – Daily Update

Trump Fans Political Chaos but Dollar Slippage Stays Orderly

November 20, 2020

The Trump campaign is continuing to try to discredit election results in several states. If it can persuade some key states not to certify Biden’s win, the President-Elect could fall short of the needed 270 electoral votes, throwing the election decision back to state legislatures, the House of Representatives, and perhaps the Supreme Court. The […] More

Correlation Between Covid Cases and the Dollar

November 19, 2020

The dollar has frequently benefited from intensifying Covid infections and the rise in general uncertainty that accompanies such. Today has been one of those days. New coronavirus cases in the United States topped 170k yesterday, but the increase over the last 24 hours as of this writing is in fact just shy of 180,000. And […] More

Covid News Proceeding on Two Tracks, While Dollar Slipping but Slows

November 18, 2020

There’s been more good news regarding Covid vaccine developments as Pfizer’s product, like Moderna’s, has been shown to be 95% effective. Before vaccines can be distributed widely, however, current spikes in cases and deaths point to a very difficult winter ahead for public health and economic activity. New U.S. cases and deaths yesterday approached 160,000 […] More

Dollar Softens but Stocks Take a Step Back ahead of U.S. Data

November 17, 2020

The dollar overnight lost 0.5% against sterling and the Chinese yuan, 0.3% relative to the yen, 0.2% versus the euro, Swiss franc and loonie, and 0.1% vis-a-vis the Australian dollar. Share prices had closed down 0.2% in China and South Korea and are currently down 1.2% in the U.K. and Spain, 0.4% in Germany and  […] More

Encouraging Vaccine News and Economic Data Send Equities and Oil Higher Up But Depress Dollar

November 16, 2020

A second Covid vaccine developer, Moderna, reported 94% effectiveness in early trials, and the pace of new cases in France, which was soaring, has subsequently slowed a bit. Japanese real GDP rebounded more sharply than anticipated in the third quarter, climbing at a 21.4% annualized rate, breaking a streak of three straight quarterly declines, and […] More

Additional Leap in U.S. Covid Cases; Euroland 3Q GDP and U.S. PPI Headline Data Menu

November 13, 2020

The dollar is slightly weaker today, with overnight losses of 0.4% against the peso, 0.3% versus sterling, 0.2% vis-a-vis the yen and Australian dollar, and 0.1% relative to the Swiss franc. The dollar is also unchanged against the yuan and euro. Covid News continued to weigh on Asian equities, which dropped 0.9% in China, 0.7% […] More

Lower Bond Yields, Mixed Dollar and Softer Equities in Face of Relentless Covid

November 12, 2020

Covid cases in the last 24 hours exceeded 600k and 140k globally and in the United States. Global and U.S. deaths from the illness over the past two days averaged more than 10k and 1.45k per day. While vaccine development seems to be making good progress, a new worry is that Covid’s ability to mutate […] More

Tech Stocks Rebound, Covid Cases Soaring, and a Holiday is Observed

November 11, 2020

On the eleventh day of the eleventh month of 1918, an armistice was signed in Compiegne, France between World War I allies and Germany that ended the so-called “war to end all wars.” Each year on November 11th, that event 102 years ago is commemorated in three countries but by three different names: Armistice Day […] More

Covid Concerns, U.S. Political Tensions, Disinflation, and Weak Demand

November 10, 2020

Yesterday’s vaccine news spurred a stock market rally, but pandemic prospects remain poor until vaccines and therapeutic treatments are widely available. The public is being warned of a grim winter just ahead. New global Covid cases topped half a million yesterday, including a fresh record U.S. number exceeding 130k. U.S. hospitalizations are hovering near 60k. […] More

Investors Excited by Vaccine Trial News and U.S. Election Results

November 9, 2020

Stock markets are rallying on two pieces of news. Initial results of Pfizer’s large-scale trials of a Covid-19 vaccine have reportedly demonstrated 90% effectiveness among people without a prior condition. Donald Trump has lost his bid for a second term as president, but Republicans appear to have retained control of the senate. This combination of […] More

css.php