Oct

30

Daily Market Insight

Expect Volatility From A Busy Week Ahead

The U.S. dollar held on to most of its gains from late last week overnight, but is slightly weaker against the Euro.

Oct

27

Daily Market Insight

U.S. Dollar Boosted Greatly by Higher Production than Predicted

The U.S. Dollar is rallying this morning, closing the week in stellar fashion after the release of Gross Domestic Product figures revealed a much better-than-expected expansion for the third quarter.

Oct

26

Daily Market Insight

Euro Falls Following ECB QE Taper Plan

Currency markets were mostly quiet overnight, but have come to life in early trading following the decision by the European Central bank to taper their quantitative easing program.

Oct

25

Daily Market Insight

Sterling Rallies on GDP; Aussie Down on Inflation

The U.S. dollar held familiar ranges against most of its majors overnight, save the British pound and Australian dollar. The EUR/USD cross is in wait-and-see mode ahead of the European Central Bank’s decision tomorrow.

Oct

24

Daily Market Insight

Greenback Remains Elevated; Kiwi Falls 1.0%

The U.S. dollar edged out small gains overnight, the third day of such gains. The Bloomberg Dollar Index remains at a 3-month high as developments abroad have dictated trading.

Oct

23

Daily Market Insight

Dollar Index New Three Month High

The U.S. dollar pushed slightly higher overnight, building on last week’s gains. The Bloomberg Dollar Spot Index is now near its strongest level in three months.

Oct

20

Daily Market Insight

Tax Reform Inches Closer; Dollar Gains

The U.S. dollar benefited following developments in Washington DC that helped buoy optimism about tax reform. Indeed, that last sentence is not a typo. Last night, the Senate adopted the 2018 budget and House GOP leaders have agreed to accept.

Oct

19

Daily Market Insight

Sterling, Kiwi Drop; Euro Rises

The U.S. is slightly weaker against most of its counterparts, while rallying against the New Zealand dollar and British pound.

Oct

18

Daily Market Insight

Dollar benefits from economic and political pressures in Europe

The U.S. Dollar is trading in favorable ranges following a slew of poor data figures out of Europe and the United Kingdom.

Oct

17

Daily Market Insight

Few Headlines and Troubles Elsewhere Steady the U.S. Dollar

The U.S. firmed up yesterday afternoon and overnight pushing the Bloomberg Dollar Spot Index to its highest level in a week. The greenback’s bump is being attributed to news that President Trump may favor Stanford University economist John Taylor as the next Fed Chairman.

Oct

16

Daily Market Insight

Equity Markets Up; U.S. Dollar Rather Quiet

The U.S. Dollar is trading in familiar ranges following a short week where the main topic was inflation. Consumer Price Index figures for the U.S. on Friday failed to deliver and officials as well as traders are wondering if indeed price growth will remain subdued longer than the Fed estimates.

Oct

13

Daily Market Insight

U.S. Dollar Sinks as CPI Pace of Growth Slower than Predicted

The U.S. Dollar is worsening this morning after the release of underwhelming inflationary growth data that failed to meet expectations. The hit to the currency was of about half a percent immediately and is not subsiding yet.

Oct

12

Daily Market Insight

Dollar Remains Weak on Dovish Fed; Sterling Falls on Brexit "Deadlock"

The U.S. dollar remains in a defensive posture against most of its major counterparts after slipping yesterday afternoon. The greenback came under pressure as minutes from the last Federal Reserve meeting had a slightly dovish tone.

Oct

11

Daily Market Insight

Dollar Remains on Defensive Before Fed Minutes

After falling over the past two days, the U.S. dollar remains on the defensive this morning. The U.S. dollar saw its recent peak on Friday as a poor non-farm payrolls report showed stellar wage growth.

Oct

10

Daily Market Insight

U.S. Dollar Weak to Start the Week

The U.S. Dollar worsened as good data out of the Euro-zone and the United Kingdom propelled European currencies while tensions over tax reform downplayed the buck’s performance the week prior.

Oct

06

Daily Market Insight

U.S. Dollar Thrives in Midst of Contraction in Non-Farm Payrolls

The U.S. dollar made some minor strides overnight but opens this morning’s trading session in familiar ranges. Overall, the greenback has had a strong week as political events abroad have weakened a number of its major counterparts.

Oct

05

Daily Market Insight

Dovish ECB and British Politics Push Dollar Higher

The U.S. dollar was out of the spotlight overnight but was able to take advantage of developments abroad and rose across the board.

Oct

04

Daily Market Insight

European PMIs Impress; Dollar Falls Slightly

The U.S. dollar came under pressure across the board overnight, retracing much of its gains from the week prior. The U.S. dollar did not see much action yesterday as an empty economic docket led traders to look to developments abroad to move currency markets.

Oct

03

Daily Market Insight

Dollar's Rally Takes a Breather

The U.S. dollar continued its momentum from yesterday and rallied overnight, but those gains were quickly given up. The greenback also briefly jumped to a 6-week high against the Euro.

Oct

02

Daily Market Insight

Unfortunate Events Over The Weekend Create Market Volatility

The U.S. Dollar remains relatively strong after last week’s momentum built on Fed confidence, decent economic indicators, and concerns over the political tensions in the Euro-zone.

Sep

29

Daily Market Insight

Income and Spending Do Not Impress, U.S. Dollar Hits Brakes

The U.S. Dollar lost ground against its G-10 counterparts yesterday as profit-taking and lack of faith in tax reform plans slowed the greenback’s momentum.

Sep

28

Daily Market Insight

GDP improves, but U.S. Dollar does not reap any benefits after market correction

The U.S. Dollar is trading in slightly weaker ranges as counterparts mounted a bit of self-correction recovery following days of non-stop greenback strengthening.

Sep

27

Daily Market Insight

Long-Term Investment Improves in the US; Buck Appreciates

The U.S. Dollar is having its best week of the year as the currency got a boost from Fed confidence and good economic indicators.

Sep

26

Daily Market Insight

U.S. Dollar Reaches Best Level In a Month As Spotlight Now On European Issues

The U.S. Dollar continues its rise following the ongoing concern over the German elections, which seem to have created an issue for Chancellor Angela Merkel who must build a new coalition with minority parties in order to govern smoothly.