Currency Analysis & Comment

The June FOMC minutes confirm that the Federal Reserve is edging closer to tapering asset purchases. According to today’s release, “various participants mentioned that they expected...

The June FOMC meeting minutes is one of this week’s key event risks. The Federal Reserve grew less dovish last month by opening the door to the discussion of reducing asset purchases, but...

As we write this, WTI is trading above $75 for the fourth straight day. In fact, it’s more than halfway toward $77, its highest level since Nov. 12, 2014. The breakdown of production limit talks...

The US dollar gained on Wednesday, hitting a 2-1/2 month high, posting its strongest month since November 2016, after Donald Trump won the presidential election.Starting on June 6, and escalating...

Today, June 24, marks five years since the surprise results of the UK's Brexit referendum were released—shocking the world. When the completely unexpected 'Leave' majority was announced, the...

The U.S. dollar rose to its strongest level against the Japanese Yen in 15 months. Equities and currencies benefitted from Federal Reserve Chairman Jerome Powell’s reassurance that 1970s rapid...

Investors continued to buy U.S. dollars on Thursday despite weaker-than-expected Philadelphia Fed manufacturing index and jobless claims. Market participants are convinced that these disappointments...

Investors drove the U.S. dollar sharply higher on Wednesday after the Federal Reserve signalled an earlier interest rate hike. Thirteen out of 18 policy-makers now see as many as two rate hikes...

Treasury yields traded sharply higher on Monday ahead of the Federal Reserve’s monetary policy announcement. The 2.7% rally in 10-year yields and decline in the Dow Jones Industrial Average...

There were no fireworks for the U.S. dollar today despite the biggest jump in U.S. inflation since August 2008. Normally, the greenback would spike on a sharp rise in consumer prices, but it...

The euro has a big day ahead, with a monetary policy announcement and U.S. inflation report on the calendar. Between these two events, the European Central Bank meeting is generally more...

The U.S. jobs report was a major disappointment and the U.S. dollar fell sharply against all of the major currencies in response as 10-year Treasury yields slipped nearly 4%. It turns out, the decline...

The U.S. dollar traded sharply higher against all of the major currencies on Thursday, with USD/JPY closing above 110 for the first time since April – a sign that investors are positioning for a...

The dollar climbed for the second day after Philadelphia Fed President Patrick Harker said yesterday that his central bank should begin discussing the time frame for paring back its bond-buying...