Little ground has changed for the dollar in the last week. Limited economic data had no impact in the U.S. The U.S. 10-year yield had no change, remaining at 1.34%. Several Fed governors did discuss the potential for the...

What Happened The Buck escaped with a half percent rise in August despite a big downward swing last week Euro fortunes changed end of month, allowing recovery from its lowest level since November Pound lost 1.0% of its value as economic...

The dollar index is 2.7% higher than the beginning of 2021 (January 3). The 10-year is higher by 45% and yet there is so much uncertainty with the strength of the U.S. and global economy (thank you Delta variant), that any emerging trend...

The currency markets were unusually quiet last week, overshadowed by the deaths of 11 U.S. Marines, a Navy medic, and Army soldier, along with scores of Afghani citizens. Surprisingly, this did not cause any change in the market. No flight...

Commodity prices have fallen across the board and that has pushed the dollar higher, specifically against the commodity currencies. Aussie dollar, Canadian dollar, South African rand, Brazilian real and the Mexican peso fell dramatically, while the euro and pound sterling...

Inflation and consumer confidence were top of mind last week. CPI was in line with expectations (5.4%) but PPI, or wholesale inflation printed a historical high (7.8%). Friday mornings’ release of the University of Michigan’s consumer confidence was very disappointing, falling...

We have survived another week of the “monthly employment situation”. This time, there is no question that the U.S. job creating engine is running at full throttle. Non-farm payroll beat expectations, adding 943,000 jobs in July. The employment rate fell...

What Happened U.S. Dollar very volatile in July, ultimately not dramatically changed from start to end Doubts over economic progress taking hold of markets did boost safe-haven JPY and CHF Sterling was the third-best performer as re-openings spurred optimism...

Last week was another where inflation was the main concern of the rate and currency markets. The Fed did not make changes to the current Fed funds rate and left the current bond purchases at the same level of $120B...

Academic conversation would say that a currency should rise and fall with the interest rates of that country. Rising rates, stronger currency, falling rates, weaker currency. Last week supported that theory. The yield on the U.S. 10-year began the...