Daily Brief
Daily Brief

It was the USD's turn yesterday to go with the flow, almost untouched by economic data or central bank inputs. On average it was 0.3% firmer against the other ten most actively-traded currencies.

Daily Brief
Daily Brief

The backlog of data held back by the shutdown began to be unwound yesterday with the release of November's new home sales. They were punchy numbers, with a monthly increase of 16.9%...

Daily Brief
Daily Brief

Another day of not very much action saw the USD wander aimlessly along mostly horizontal channels with no destination in mind. Net movements against the biggest dozen currencies were small and ranges were narrow.

Daily Brief
Daily Brief

In Friday's end-of-month ecostat blowout the United States played only a relatively minor part. There was no shortage of US data but they had only a passing effect on the USD.

Daily Brief
Daily Brief

The USD was among the leaders on Tuesday, even though it did nothing to distinguish itself. Its success was more the result of weakness among the second- and third-division currencies than of...

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Daily Brief

Investors found it difficult to get worked up about the dollar. There was no breakthrough in trade negotiations with China although the emergence...

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Daily Brief

Existing home sales increased by a monthly 11.8% in February, more than making up for the previous month's downwardly-revised 1.4% decline.

Daily Brief
Daily Brief

The US economic data on Thursday were better than expected, all three of them...

Daily Brief
Daily Brief

As far as global profile was concerned, there was nothing yesterday to touch the Federal Open Market Committee's policy decision and Chairman Jay Powell's forensic demolition of any remaining expectation of higher interest rates.

Daily Brief
Daily Brief

Just as Friday's report of a 0.1% monthly increase in industrial output did nothing to help the USD, damning it with faint praise, yesterday's 0.1% increase in factory orders was similarly unhelpful.