There are a number of key macro data points next week, with in particular May figures for US CPI-inflation (Wednesday) and retail sales (Friday) likely to grab markets’ attention. The…
US Dollar The Dollar, which had hit a four-month high on 31 May, slid against all major currencies last week, with the trade-weighted index shedding 0.7%. In response to soft…
The Dollar has weakened further today following the release of weak US labour data and is ending the week down about 1% in trade-weighted terms. The US economy created only…
The Dollar has given back the modest gain it made yesterday and a bit more, with the Euro outperforming following the ECB’s policy meeting and press conference. The EUR/USD cross,…
Dollar losses have extended following the release of weak US private-sector labour data and growing market expectations that the Federal Reserve will have to cut its policy rate to shore…
Macro data out in the past 24 hours have done little to assuage market concerns about the risk of global deflation but dovish comments by the Federal Reserve have given…
The data and events calendar is heavy for the first week of June, with US President Trump starting today a 3-day state visit to the UK. The Reserve Bank of…
Two themes dominated markets last week: i) the ongoing trade war between the United States and China and the imposition of US tariffs on Mexico and ii) the continued inversion…
The Dollar rally yesterday got a boost from the spike higher in USD/MXN, following US President Trump’s announcement that the US would impose a 5% tariff on imports from Mexico…
It has been a choppy 48 hours for major currencies, partly as a result of jittery global risk appetite. US equities remain volatile, with the S&P500 having failed to record…
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