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Dollar’s Current Bull Leg Strongest since Rally Through Crisis

Talking Points: Dollar’s Current Bull Leg Strongest since Rally Through Crisis Euro Stumbles as Inflation Data Raises the Stakes for ECB Thursday Japanese Yen: Japan Inc Says Concerned Over Low Currency Dollar’s Current Bull Leg Strongest since Rally Through Crisis With Tuesday’s close, the Dow Jones FXCM Dollar Index (ticker = USDollar) matched its run […]

Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed

Talking Points: Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed Euro Tumbles after ECB President Draghi Reiterates Easing Commitment British Pound: Traders Await BoE Gov Carney’s First Post-Referendum Speech Dollar’s 11th Week Advance Looking Troubled as Fed Commentary Mixed Eleven straight weeks. That is the bullish run that the US Dollar is trying […]

Oil Rises After China Flash PMI

Brent rose from a one-week low after a Chinese manufacturing gauge beat forecasts, signaling increased demand from the world’s second-biggest oil consumer. West Texas Intermediate advanced in New York. Futures climbed as much as 0.6 percent in London. A preliminary Purchasing Managers’ Index for China from HSBC Holdings Plc and Markit Economics was at 50.5 […]

Precious Metals Pummeled, Crude and Copper Slump Ahead Of China Data

Talking Points Gold and Silver Downside Risks Remain Following Break Below Technical Barriers Copper and Crude Oil Suffer Ahead of Chinese September Manufacturing Figures Platinum Targets The 1,314 Floor Following A Slide Under The 1,360 Handle The precious metals have extended Friday’s declines in Asian trading today with silver the worst performer of the group […]

Dollar Checks Back in Anticipation of FOMC Decision

Talking Points: Dollar Checks Back in Anticipation of FOMC Decision British Pound Volatility but Noncommittal After Inflation Report Euro Traders Will React to Fed and then ECB Dollar Checks Back in Anticipation of FOMC Decision This week’s top event risk is upon us. The Federal Reserve’s monetary policy meeting carries deeper meaning than just a […]

Oil On The Back Foot as Ukraine-Russia and Demand Slow Down

West Texas Intermediate crude headed for a weekly loss amid concerns that global oil demand is slowing. Brent slipped in London. WTI futures were little changed after paring an advance of as much as 0.9 percent in New York. The grade has lost 0.4 percent this week, while Brent has retreated 2.8 percent in the […]

Dollar Looks to Fed to Secure Strongest Run in Half a Century

Talking Points: Dollar Looks to Fed to Secure Strongest Run in Half a Century British Pound Edges Higher as Market Digests Shift in Scotland Sentiment Euro Focus Still on ECB Policy, But Sovereign Bond Yields are Rising… Dollar Looks to Fed to Secure Strongest Run in Half a Century Friday is opening once again green […]

Oil Drops After IEA Cuts Global Demand Forecast

Brent crude fell to the lowest in more than two years after the International Energy Agency cut global oil demand forecasts because of weaker growth. The IEA reduced demand estimates for this year and next following a “remarkable” slowdown in the second quarter that prompted Saudi Arabia to pare exports to a three-year low. Brent’s […]

West TX Oil Drops to $92 on Demand Concerns

U.S. crude futures held near a 16-month low below $92 a barrel on Thursday, after falling sharply in the previous session on lower OPEC demand forecasts and a jump in U.S. refined product stocks. U.S. crude for October delivery edged up 11 cents to $91.78 as of 0036 GMT after falling $1.08 to settle at […]

Dollar Rally Shifting from Schadenfreude to Inherent Fundamentals

Talking Points: Dollar Rally Shifting from Schadenfreude to Inherent Fundamentals British Pound: Will BoE Testimony Do More Than Carney’s ‘Spring Hike’ New Zealand Dollar Paid Penance for a Mere Pause in RBNZ Hike Regime? Dollar Rally Shifting from Schadenfreude to Inherent Fundamentals Over the past few months, the Dollar’s fundamental landscape has developed unevenly. Yet, […]

West TX Oil Drifts Below $96 Amid Rising Fuel Supplies

West Texas Intermediate crude fell for the second time in three days after industry data showed fuel supplies rose in the U.S., the world’s biggest oil user. Futures slid as much as 0.5 percent in New York. Gasoline and distillate stockpiles expanded by 400,000 barrels each last week, the American Petroleum Institute was said to […]

Dollar’s Strong Rally Finds EURUSD, S&P 500 Unresponsive

Talking Points: Dollar’s Strong Rally Finds EURUSD, S&P 500 Unresponsive Euro Firms Outside of EURUSD, Surge in Investor Appetite British Pound Collapses Despite Data Dollar’s Strong Rally Finds EURUSD, S&P 500 Unresponsive The return of North American liquidity seemed to bring with it a strong demand for the dollar. The Dow Jones FXCM Dollar Index […]

Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000

Talking Points: Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Euro Sinks as Market Rate Slides to Record Low USDJPY Climbs for a Seventh Straight Day Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Where were the balloons? The S&P 500 marked yet another milestone in its line of records by […]

Dollar Rally Forces EURUSD and USDJPY Breaks

Talking Points: Dollar Rally Forces EURUSD and USDJPY Breaks British Pound Surprised by BoE Hawks, But Doesn’t Turn Euro Traders Ready for Another Round of Economic Data Dollar Rally Forces EURUSD and USDJPY Breaks Between two days of key event risk, it seemed that the US Dollar was due a period of moderation. However, this […]

Dollar Needs Inflation to Sustain Break from Equities, Yields

Talking Points: Dollar Needs Inflation to Sustain Break from Equities, Yields British Pound Faces Another Wave of Potential Volatility with CPI New Zealand Dollar Drops as Inflation Readings Further Cut Rate Forecast Dollar Needs Inflation to Sustain Break from Equities, Yields The Dollar opened the new trading week with a mixed performance. Between modest gains […]

British Pound Volatility Risk High as BoE Updates Rate Outlook

Talking Points: Dollar Weighs Cross Currents Against Domestic Data British Pound Volatility Risk High as BoE Updates Rate Outlook Euro: Investor Sentiment Collapses, Will Stalled Growth Complete the Picture? Dollar Weighs Cross Currents Against Domestic Data An attempt by the Dow Jones FXCM Dollar Index (ticker = USDollar) to break free of its two-week range […]

Brent Oil Drops to 103 as Global Supplies Climb

Brent crude fell to the lowest in 13 months as the International Energy Agency said a supply glut was shielding the market against threats in the Middle East. West Texas Intermediate also declined. Brent dropped the most in four weeks. The IEA cut projections for demand growth this year and next and estimated that output […]

Dollar Swells Without Break as S&P 500 Drops, Fisher Warns of Hikes

Talking Points: Dollar Swells Without Break as S&P 500 Drops, Fisher Warns of Hikes British Pound Top Performer as Data Revives BoE Hopes, More Ahead Euro Faces Top Event Risk in 2Q Italian GDP Release Dollar Swells Without Break as S&P 500 Drops, Fisher Warns of Hikes The dollar was up against most of its […]

Oil Falls Before US Inventory Report Tomorrow

West Texas Intermediate oil fell for the sixth time in seven days amid forecasts that U.S. refineries reduced operating rates last week, allowing crude supplies at Cushing, Oklahoma, to rebound from near six-year lows. Refineries probably operated at 92.8 percent of capacity on Aug. 1, down 0.7 percentage point from the prior week, according to […]

Brent Oil Holds onto $105 but Oversupply Weighs on Prices

Brent crude rose to $105 a barrel on Monday to come off of a four-month low hit in the previous session, with worries about global oversupply still outweighing concerns about violence in the Middle East and North Africa. Forecasts for a supply glut in West African and European markets help to push the Brent benchmark […]

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