Please try another search
U.S. equities extended their gains Thursday on the back of better-than-expected economic data. Durable goods fell less than anticipated, jobless claims hovered around 2 million and the market largely...
The US dollar eased this morning, after yesterday whipsawing wildly between 0.3% gains and losses but closing only 0.1% lower. A key conflict FX traders are facing with regard to the USD: they must...
For the first time in nearly eight weeks, EUR/USD broke through 1.10. Since Germany and France first proposed their recovery fund, we’ve been talking about a more meaningful turn in the...
The race for a COVID-19 vaccine is in high gear and as more companies leap into the effort, the rally in currencies and equities reflect the market’s hope for a medical solution to the worst...
The dollar, the Treasury market, and the S&P 500 were threatening to break out of the trading ranges. But the escalation of tensions between the US and the PRC gave reason for investors to pause...
China is once again a hot spot for geopolitical uncertainty and social unrest. This week, China unveiled a plan to take a stronger stance on anti-government protests and dissents in Hong Kong. It...
The U.S. dollar is trading lower against all of the major currencies this morning. Stocks and 10-year Treasury yields perked up again on the back of strong results from Lowe’s (NYSE:LOW)...
Most of the major currencies powered higher today even though stocks gave up part of Monday’s gains. USD/JPY rose above 108 but ended the New York session closer to 107.75. In fact, early...
The news flow in the last 24 hours has been decidedly negative, with U.S. retail sales falling more than expected, relations between China and the U.S. souring further and Germany slipping into...
FX flat Chinese data mixed Nikkei -0.62% Dax 1.71% UST 10Y 0.61% Oil $28/bbl Gold $1735/oz BTCUSD $9620 Asia and the EUCNY: Retail Sales -7.5% North America OpenUSD: Retail Sales 8:30 AM Its been a...
The U.S. dollar extended its gains against all of the major currencies this morning. Some market watchers are attributing the dollar’s rise to President Donald Trump’s support for the...
The US dollar traded higher against all of the major currencies on the back of risk aversion and comments from Federal Reserve Chairman Jay Powell yesterday. While his outlook was very cautious,...
This morning the UK released a series of economic updates that, in the aggregate given the global financial carnage being generated by the coronavirus pandemic, surprised to the upside. That doesn't...
The US dollar kicked off the new trading week stronger against all of the major currencies. Friday’s Nonfarm Payrolls report showed massive job losses in the month of April but these ugly...
Canada's dollar is considered a petrocurrency. That's because oil is one of the North American nation's top five most valuable exports, so it makes sense that its capital would be affected by both the...