The President announced a coercive tax on Mexican goods which had less of a focus on any trade imbalance and more as a response to cross border migration...
Viewing 10 of 324
There was a sharp intake of breath by investors on Wednesday when they saw the ADP employment change number. It is supposed to be a pointer to the Bureau of Labor's closely-watched nonfarm payrolls number.
For a second successive day the USD found itself in last position among the major currencies, losing an average of 0.4%. The US economic data, the economists and the Fed all contributed to its downfall.
The OECD warned today that America's trade wars "threaten a new weakening of activity by undermining investment and confidence worldwide".
The US dollar enjoyed a strong end to the week, ahead of the release of the April nonfarm payrolls report, as well as anticipated wage growth and jobs growth figures.
There was a gung-ho mood in New York that took the S&P500 to a record closing high of 2933.68. The enthusiasm affected the USD, which came within a...
It was another day on the bench for the USD. Three low-profile US ecostats came and went without creating many ripples. The NFIB business optimism index was minutely higher on the month at 101.8.
Both sides sound optimistic that the trade war between America and China is heading towards a satisfactory conclusion.
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.
Excitement was in short supply for the dollar on Monday. The trade war seems to be cooling slowly: Agriculture Secretary Sonny Perdue spoke of...