The US$ index extends its sell off testing near 2-year lows vs a basket of major currencies. US$ is facing pressure from escalating Sino/US tensions, the Nov US elections, falling US yields, stalled US relief stimulus talks and a sluggish US economy. Other currencies are capitalizing on the weak US$...

The US$ continues to edge weaker, oil prices remain steady, while Sino/US trade talks are delayed, and Japanese GDP falls worst on record. Japan, the worlds 3rd largest economy saw Q2 GDP annualized fall -27.8% its worst decline since on records began. In the US, Democrats prepare to officially nom...

The US Senate breaks without a relief deal, the US$ index extends its losing streak, US vaccine hopes, and Chinese data falls short of expectations. The US Senate went into recess until September 14th, meaning a relief stimulus deal is likely weeks away at best. The US$ index remains under pressure,...

The US$ remains under pressure as the US stimulus impasse continues. Congressional Dems are being accused of not willing to negotiate and are being blamed for the 5-day stall in talks over relief legislation. Sino/US tensions continue to remain an ongoing concern ahead of the Aug15th review of the P...

The US dollar weakens on US stimulus bill impasse and concerns over the federal election amid better than expected CPI data.  The dollar fell from a one week high as the U.S. Treasury Secretary said the White House and top Democrats may not be able to reach a deal on the stimulus bill. Supporti...

The US$ index is steady, US yields rise, Gold rebounds, Oil strengthens, while equity markets are mixed. The ongoing US stimulus impasse is keeping pressure on the US$, capping the dollars ability to rebound. On Tuesday US yields rose to register their biggest single-day gain in 2-months. Initial ex...

A “risk-on-mood” returns allowing equity & Oil markets to strengthen, while gold & the US$ index weaken at the start of the North American trading session. Chinese auto sales beat expectations and rise for the 4th straight month, highlighting positive signs of China’s economic recover...

US$ index edges moderately higher as investors focus on escalating Sino/US tensions, US Stimulus updates and surging US Covid-19 cases. China responded to the US in a new round of tit-for-tat sanctions, Beijing said it would apply sanctions against 11 US citizens including several US Senators. US &a...

Currency markets consolidate gains ahead of Nonfarm payroll and rising Sino/US tensions. A “risk off” sentiment is growing after the US proposes to ban transactions with China’s Wechat & TikTok effective in 45 days. China responded quickly to the ban announcement saying the US would “bea...

US$ gains as risk appetite wanes ahead of the US jobless data, Senate updates on stimulus and the Bank of England’s cautious tone. The Reps/Dems continue to remain divided on the next round of US stimulus relief, which has caused the US President to threaten to use an executive order to extend the...