Monex

USDThe dollar strengthened further on Wednesday as September’s flash PMI surveys reinforced the theme of US economic resilience. Activity accelerated across both the manufacturing and services...

USDThe dollar starts the European session on a firm footing as markets continue to digest the Federal Reserve's rate increase earlier this month and the message that inflation remains uncomfortably...

USDThe dollar begins the week close to seven-week highs following a period dominated by central bank decisions and escalating geopolitical tensions. The Federal Reserve raised rates by 25bp on 16...

USDThursday brought the first genuine pushback against the post-FOMC dollar rally. Having peaked above 100.3 on Wednesday evening, a seven-week high, the DXY drifted back toward 100.0 as Treasuries...

USDThe dollar surged after the Fed delivered a 25bp hike to 3.75–4.00% yesterday evening, its first increase since 2023. The DXY climbed from roughly 99.7 pre-decision to above 100.3, a...

USDThe dollar extended higher yesterday, with the DXY rising 0.2% to trade around 99.6, as haven demand and tightening expectations reinforced each other, despite a modest cooling in oil prices after...

USDThe dollar firmed across the board on Monday, with the DXY rising around 0.4% to trade near 99.4 as markets moved to price in a near-certain 25bp hike at tomorrow's Fed decision, in line with our...

USDFriday's August CPI report delivered the upside surprise we had worried about over recent weeks, an outcome that should be decisive for Wednesday’s Fed decision. Granted, headline inflation...

USDThe dollar firmed for a second session on Thursday, with the DXY closing near 99.1 after an outbreak of bond market volatility saw yields rise sharply across the board. On the US side of the...

USDThe dollar spent yesterday consolidating, with the DXY holding near 98.8 and edging away from last week's three-week low, as markets traded the Middle East supply shock rather than US data. Brent's...

USDComments from the Treasury Secretary overnight are making plenty of waves this morning, helping to extend the recent run of dollar weakness to the benefit of other G10 currencies. Specifically,...

USDYesterday's US Labour Day holiday made for thin trading, with the DXY largely treading water around the 99 mark after dipping lower early in the session. Overnight, the greenback came under mild...

USDFriday's payrolls report blew past expectations, with the US economy adding 162k jobs in August against a consensus of 55k, while July was revised up to +21k from -23k. Unemployment held at 4.1%,...

USDThe dollar fell for a second consecutive session yesterday, with the DXY index slipping below 99.0. The move owed more to the yen than to US developments after USDJPY collapsed towards 155 on...

USDThe dollar's early-week rally stalled yesterday, leaving the DXY to finish trading in the mid-99s. The primary catalyst appeared to be a dip in USDJPY, prompting intervention speculation amongst...

USDThe dollar shrugged off softer US data yesterday, with the DXY index climbing back above 99.6 as safe-haven demand and rising Treasury yields dominated. The August ISM manufacturing PMI slipped to...