British trade and industrial production
U.S. CPI, Russian Capital Controls & Revealing Minutes From the ECB Governing Council Meeting
October 12, 2023
The dollar largely marked time prior to the 08:30 EDT release of U.S. consumer price data, losing 0.2% versus the Swiss franc, dipping 0.1% against the yen and as measured by the weighted DXY index, holding unchanged against the euro and sterling but advancing 0.1% against the Canadian and Australian dollars. The biggest move was […] More
ECB Left Policy Unchanged, and Now Investors Await FOMC Minutes
April 10, 2019
At noontime in NY, the dollar was trading at Tuesday’s closing level against the euro and loonie but had drifted lower by 0.4% against the Australian dollar, 0.3% relative to sterling, and 0.2% vis-a-vis the yen and kiwi. The dollar is down more sharply against the peso but up 0.2% versus the Swiss franc and […] More
Uneasy Financial Markets and Lower Dollar
January 11, 2019
Investors perceive many trouble spots, and none are getting resolved. Talks between President Trump and Congressional democrats have broken down, raising expectations that a border emergency situation will be declared. The federal government shutdown is now the longest on record. Fed Vice Chairman Clarida and Chicago Fed President Evans are the latest to signal fewer, […] More
Recent Dollar Gains Trimmed
May 10, 2018
The dollar traded down overnight by 0.9% against the peso, 0.3% relative to the loonie, 0.4% vis-a-vis the Australian dollar, 0.3% versus the euro and Swiss franc, 0.2% against the yuan, and 0.1% versus the yen. There’s been an Israeli air strike on Iranian targets in Syria, lifting fears that tensions will continue to escalate […] More
Dollar Up ahead of Trump’s First Press Conference
January 11, 2017
The dollar appreciated overnight by 0.5% against the euro, 0.4% versus the yen, Swissie and sterling, 0.2% relative to the Mexican peso, and 0.1% relative to the yuan. It dipped 0.1% vis-a-vis the New Zealand and Australian currencies but extended its rise against the Turkish lira by about 2%. The juxtaposition of Obama’s Farewell Address […] More
Enormous Rebound in Asian Equities
September 9, 2015
Amid hopeful speculation of new Chinese fiscal stimulus, the Shanghai Composite index closed 2.3%, and other stock markets in the region recorded even larger gains. Japan’s Nikkei jumped 1,343 points or 7.7%, the largest percentage daily advance since October 28, 2008, which was a corrective move in an otherwise bear market. Equities also advanced 4.2% […] More
