The US$ consolidates after Wednesdays soft US inflation data and the Fed Chairs dovish comments. The Fed Chair said that the US should strive to reach full employment, adding that the bank will not automatically tighten policy solely on improvement in the job market. Overall Fed Chair Powell signale...

The US$ stalls near two-week lows as a combination of monetary and fiscal support, robust corporate earnings, alongside expanding vaccine roll outs is bolstering risk sentiment. Treasury yields are flat ahead of Fed Chairs speech and the US inflation data release today. US President Biden on Tuesday...

US Stimulus delays, weaker US Treasury yields amid former President Trumps impeachment trial weighs on the US$. US Treasury yields dipped ahead of US Job opening data (dec) adding some selling pressure to the US$. President Biden’s US$1.9T Stimulus appears to be picking up momentum after the White...

US$ rebounds, global stocks rally, Brent Crude +US$60pb and US Treasury yields rise. The US$ steadies in early trading after weaking on Friday from the US Jobs report which showed jobs growth rebounded less than expected in January. The weaker than expected job’s report highlights the argument for...

The US$ has rallied 1% in Feb supported by vaccination and stimulus optimism. The Senate adopts the administrations plan for US$1.9T stimulus in a 51/50 vote, Dems hope to finish crafting details of the COVID relief bill and present it to the President by early March. Expectation that a US stimulus ...

US$ extends its gains to 2-month highs supported by rising US treasury yields, US stimulus optimism and improving US data. A poll shows 70% of Americans support President Biden’s US$ 1.9T covid relief plan. The President vow’s no retreat on $1,400 checks and the Dems are pushing to fast track th...

US stimulus and vaccine developments boost equity & oil markets, currency markets are mixed, while US Treasury yields supports the US$. The US House and Senate both voted on the US$ 1.9T covid relief plan on Tuesday evening. Once passed in both chambers, it allows the Dem’s to approve the reli...

The US$, oil and equity markets extend their gains on vaccination and stimulus optimism. US President Biden met yesterday with the 10 Republican Senators how presented their US$618Bln stimulus proposal, less than a 1/3rd of the Dems US$1.9T plan. The meeting was described as productive, but the sug...

Equity and oil markets are positive, US$ strengthens as investors focus on US stimulus. In a letter to President Biden, Ten Republican senators said they will unveil their proposed legislation on Monday, advocating a smaller coronavirus stimulus proposal and looking for compromise. Dow futures rise ...

US$ safe haven holds steady as risk on sentiment stalls as investor confidence is shaken as retail trading volatility increases. The CBOE market volatility (VIX) had its biggest one-day drop yesterday since March 30th as retail-trade craze from GameStop and other “hot stocks”. House Speaker Pel...