What Happened Per the Bloomberg Dollar Spot Index, USD fell by 2.0% with growing faith the global economy will not recede. Equities around the world...
The economic data released last week, PCE and PPI, confirmed that inflation is decelerating. Durable Goods, precisely the "ex-defense" number, jumped an impressive 6.3%. The...
Currency markets remained steady last week. The dollar drifted between new short-term lows and weak rallies and lost ground against most currencies. Inflation in the...
U.S. CPI, released last week, did confirm that inflation continues to move lower. The YoY level fell to 6.5% and the MoM printed -0.01%. Consequently, the...
The dollar fell hard after the U.S. employment situation was reported Friday morning. The dollar's rally into the New Year ended abruptly when non-farm payrolls...
Happy New Year! The 2022 story for the dollar was evident—interest rates. While the Fed and the talking heads at financial institutions were talking about...
What Happened U.S. Dollar strength faded in November, marking its worst monthly performance since 2010. As foreseen, a messy reopening in China and evidence of...
The dollar rally in 2022 was based on the Fed’s aggressive interest rate hikes. Now, with the other central banks (specifically the ECB) adjusting rates...