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U.S. Dollar Flying High on Hawkish Fed Statement

U.S. Dollar Flying High on Hawkish Fed Statement

The U.S. dollar rose against most major pairs on Friday. Only the Japanese yen was able to gain against the mighty greenback. The FOMC statement eased concerns that the Fed would hint at a pause in its tightening of monetary policy.

Strong Fundamentals Boost Dollar with U.S. Midterms in Focus

Strong Fundamentals Boost Dollar with U.S. Midterms in Focus

The dollar is higher against major pairs on Friday after the release of the October U.S. non farm payrolls (NFP) report showed a massive 250,000 jobs gain and the fastest wage growth pace since 2009. U.S. fundamentals have been solid and boosted the U.S. dollar higher despite rising political risk ahead of the U.S. mid-terms next week.

Five Things the Markets are Talking About: Tuesday, May 29

Five Things the Markets are Talking About: Tuesday, May 29

The EUR saw 11-month lows after Italy’s president scuttled an attempt by a coalition of Italian anti-establishment parties to form a government. With fresh elections increasingly likely, markets should expect the Five Star and the League to campaign on the idea that they were denied the “right to govern,” possibly resulting in a stronger populist sentiment at the next election.

Five Things the Markets are Talking About: Monday, May 14

Five Things the Markets are Talking About: Monday, May 14

This week there are no central bank meeting scheduled, however, there are a number of moving parts that are expected to keep capital markets on their toes: U.S. and Chinese trade talks, Eurozone GDP, and Middle East aggression.

Five Things the Markets are Talking About: Monday, May 7

Five Things the Markets are Talking About: Monday, May 7

NAFTA talks resume again in Washington today – it’s a critical period and the U.S. is still pushing a hardline. China trade data will be the market’s focus along with Australia’s annual budget. Here’s what you need to know.

Dollar Gains Limited by Geopolitical Risks

Dollar Gains Limited by Geopolitical Risks

Capital markets remain uneasy as growing geopolitical tensions rattle equities and commodities. Adding fuel to the fire is yesterday’s FOMC’s March meeting minutes which we cover here.

Five Things the Markets are Talking About: Monday, April 2

Five Things the Markets are Talking About: Monday, April 2

This shortened trading week features inflation and unemployment figures in Europe, the March U.S. and Canadian jobs report, and an interest-rate decision down-under.

Week Ahead: Dollar Mixed Ahead of Retail Sales, Inflation and North Korea Meeting

Week Ahead: Dollar Mixed Ahead of Retail Sales, Inflation and North Korea Meeting

The U.S. dollar ended up mixed against major pairs after the release of the U.S. nonfarm payrolls report for February and news of a potential meet up between North Korea and American leaders.

Week Ahead: Fed Rhetoric to Drive Dollar

Week Ahead: Fed Rhetoric to Drive Dollar

The FOMC's meeting statement was slightly hawkish and notes from the meeting revealed the U.S. central bank upgraded its economic projections from December and expects the 2 percent inflation target to be met in the mid term.

The Week Ahead: Higher US Inflation Fails to Spark Dollar Revival

The Week Ahead: Higher US Inflation Fails to Spark Dollar Revival

Inflation anxiety triggered a sell-off in global stock markets with the Fed expected to ramp up their interest rate hike path yet the dollar did not benefit as higher rates have already been priced in by the market.

Dollar Dives on Confidence with No Support from Fundamentals

Dollar Dives on Confidence with No Support from Fundamentals

The dollar remains under pressure, building on yesterday’s slide in the Euro session, as the market seems to be losing confidence in the long-run state of the U.S. economy.

Five Things the Markets are Talking About: Monday, February 12

Five Things the Markets are Talking About: Monday, February 12

Investors are bracing for another bumpy ride this week after market volatility has returned with a vengeance, delivering the biggest rout in global stocks in a number of years.

Five Things the Markets are Talking About: Monday, February 5

Five Things the Markets are Talking About: Monday, February 5

Global stocks had the biggest decline in two-years overnight and central banks will dominate this week again with monetary policy decisions.

Dollar Support Lukewarm despite Fed’s ‘Hawkish-hold’

Dollar Support Lukewarm despite Fed’s ‘Hawkish-hold’

Yesterday, as expected, the Fed held the overnight interest rate target range steady between +1.25 – 1.50% in a unanimous vote (9-0). 

Five Things the Markets are Talking About: Monday, January 29

Five Things the Markets are Talking About: Monday, January 29

On Wednesday, the Federal Open Market Committee gathers for Chair Janet Yellen’s final meeting on interest rates before her term ends. It's also jobs week in the U.S. and employers are expected to have added more jobs in January than previous months.