British consumer confidence
Middle East Holding Spotlight: No Hopeful Signs & More Evidence of the War’s Economic Impact
April 23, 2026
Nothing encouraging has surfaced regarding a resumption of peace talks between the United States and Iran. Shipping traffic through the Strait of Hormuz remains stalled, and there have been more ship seizure incidents by both sides. Preliminary findings from April purchasing manager surveys and other data out today point to a big blow to business […] More
Investors Selling Just About Everything for Dollars
September 23, 2022
The weighted DXY dollar index rose 0.8% overnight and is trading currently near its intra-day level. At that high, DXY was a mere 5.5% below its peak going back to 1985 and 55.5% above its 2008 low. The dollar shows overnight gains of 1.8% against sterling, 1.1% versus the New Zealand dollar, 1.0% relative to […] More
Stock Markets Looking Vulnerable
September 25, 2020
This has been a difficult week for risk-laden assets but a good one for the dollar because of its safe-haven appeal. In turn, that property of the U.S. currency is ironic, given mounting uneasiness that President Trump may not accede to a peaceful transition of power should he lose the election. Stock markets are lacking […] More
The Usual Month-End Flood of Economic Data but Little Overnight Movement in the dollar
October 31, 2018
The dollar is unchanged against the euro and loonie, 0.1% firmer relative to the yuan and Swiss franc, 0.2% higher vis-a-vis the yen, Aussie dollar and kiwi. Somewhat larger moves have happened against sterling (a drop of 0.5%) and the Mexican peso (a rise of 0.5%). Gold fell 0.6%. Following the rebound Tuesday of U.S. […] More
Yen Climbs Further Even as Japanese Golden Week Holidays Begin
April 29, 2016
The yen touched an 18-month high of 106.9 per dollar and is up 0.9% on balance from Thursday’s close. The trade-weighted dollar is close to a one-year low. Japanese markets were closed for Showa Day. Next week’s continuing Golden Week holidays are Constitution Day (May 3), Greenery Day (May 4) and Children’s Day (May 5). […] More
Fragile End to a Fragile Week in Financial Markets
March 23, 2012
The euro is trading 0.4% higher at $1.3252 in spite of new evidence released yesterday that Europe is in recession. The dollar has also declined 0.6% versus the Swiss franc, 0.5% relative to the kiwi, 0.3% against sterling, and 0.2% versus the Aussie dollar. The Canadian dollar is exactly at parity against the greenback, which […] More
Euphoria Dissipating
October 28, 2011
Markets today show a lack of follow-through after Thursday’s euphoric relief rally. The dollar recovered 0.4% against the Australian dollar, 0.3% versus the kiwi and Swissie, and 0.1% against the euro. The greenback has slipped 0.1% against sterling and the yen and is steady against the loonie and yuan. Asian stocks enjoyed further sizable gains […] More
