The US$ is steady, oil prices remain strong, equity markets are mixed, and US yields dip ahead of today’s key FOMC statement. The US$ holds below its one-month highs as markets consolidate ahead of the US Federal Reserve statement at 2pm est. The Fed is widely expected to acknowledge its policymak...

The US$ rebounds, oil prices extend gains, equity markets are higher, while US yields dip as markets remain cautious ahead of the FOMC statement. The Fed uncertainty is fueling cautious US$ buying to fresh multi-week highs as traders await the FOMC statement on Wednesday. The Fed has maintained its ...

The US$ edges lower, oil prices rally, equity markets are higher, while US yields are mixed amid pre-Fed jitters. The US$ consolidates its gains after the greenback posted its biggest weekly rise in six-weeks as investors await the FOMC meeting (15th-16th June) that might signal a change in the out...

The US$ & oil markets edge higher, equity markets are firmer while US yields ease as US inflation data is seen as transitory. US CPI beat expectations on Thursday, but economists see the inflation spike as temporary and is unlikely to affect any Fed policy change. Intraday focus shifts to the US...

The US$ & oil prices edge higher, equity markets are mixed, while US yields raise slightly ahead of the US key inflation data. Economists expect US CPI (ex food & energy) y/y to 3.5%, potentially its fastest annual pace in 28 years, while CPI y/y is expected to hit 4.7% which would be a 13 [...

The US$ edges lower, oil holds firm, equity markets are mixed while US yields slip as markets consolidate ahead of Thursdays US CPI data. The US$ clings to recent gains as investors look to Thursday’s US inflation data and the ECB interest rate decision for direction. On Tuesday the US Administrat...

The US$ strengthens, oil prices ease, equity markets are up while US yields dip as markets await US inflation data this week. The US$ edges higher while equity markets are holding near record highs as investors wait for US CPI & jobs data out on Thursday. The US$ continues to find support from T...

The US$ is flat, oil prices dip, equity markets are mixed while US yields strengthen on Treasury Secretary Yellen’s comments. Treasury Secretary Yellen said that President Biden’s US$4T spending plan would be good for the US, even if it contributes to rising inflation and results in higher inter...

The US$ is stable, oil prices rise, equity markets and US yields are mixed ahead of today’s key NFP data. The US$ steadies near 3-week highs as markets awaits the US payrolls data. Thursday’s weekly jobless claims fell to a new pandemic low, while ADPs reported a better-than-expected 978k privat...

The US$ is up, oil prices are flat, equity markets dip while US yields strengthen amid Fed comments and US jobs data. Fed Harker said on Wednesday that the Fed will keep rates low for longer, but said it may be time to think about, thinking about tapering. Fed Harker went on to say he […]...