U.S. factory orders

Softer Dollar… No Respite from Trade War Threat

July 3, 2018

A left-leaning candidate and critic of U.S. President Trump, Andrea Manuel Lopez Obrador, scored a huge win in Mexico’s presidential election with a majority 53% of the popular vote. Terms are for six years. The peso rallied on the news. A U.S. sanction-enforced program against Iran has WTI oil trading above $75.0 per barrel for […] More

Dollar Strengthens and U.S. Stocks Extend Rally

December 4, 2017

The mounting likelihood of a huge U.S. tax cut is dominating world financial markets. The possibility of a federal government shutdown on Friday is not impacting. Sterling has also been in demand, aided by more constructive Brexit discussions. Overnight dollar gains amount to 1.1% against the kiwi, 0.9% relative to the Swiss franc, 0.6% vis-a-vis […] More

Stronger Australian Dollar

August 4, 2015

The U.S. currency fell 1.8% against the Australian dollar but just 0.5% versus the kiwi and yen, 0.3% relative to the euro and 0.1% vis-a-vis sterling.  The dollar is up 0.4% against the loonie and 0.1% relative to the Swiss franc, and it is holding steady versus the yuan. The Shanghai Composite stock index rose […] More

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