Currency Analysis & Comment

Central banks are taking bigger leaps to normalize monetary policy, and investors are wondering If the Federal Reserve is next.    On Wednesday, the Reserve Bank of New Zealand shocked investors by...

The U.S. dollar traded sharply higher on Tuesday against all of the major currencies on the back of red-hot consumer price growth. CPI rose 0.9% in the month of June, up from 0.6% in May and against a...

This is a busy week for the financial markets. There are three central bank monetary policy announcements, along with inflation, employment and consumer spending numbers scheduled for release from all...

There appears to be a perfect storm of events setting up to pressure the Australian dolllar lower. After the US Federal Reserve surprised markets in mid-June by moving up its timeline for...

Ask anyone and they will agree that economic activity in the U.S. is picking up, with businesses enjoying a much-needed post-pandemic recovery. The airports were packed when I travelled to and from...

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 conditions for...

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 among...

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...

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 rise in...

Currencies and equities extended their sell-off on Friday as risk aversion in the financial markets deepened. The Dow Jones Industrial Average lost over 400 points for the 10th straight day. Today’s...

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 by the...

The outcome of Wednesday’s Federal Reserve monetary policy announcement could set the stage for how the U.S. dollar and currencies trade over the next month. With that in mind, the greenback...

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 reflects...