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Get updates on the latest economic news and trends and how it affects currency prices and also commentary from experienced currency traders. Updated weekly. Podcast and weekly newsletter coming soon.

July 31, 2018

MARKET DEVELOPMENTS – BOJ QE INFINITY, FED QT PROVIDING USD BID

US equity futures are showing modest gains this morning (DJIA +0.1%, Nasdaq 100 +0.4%, S&P 500 +0.3%) as the Bank of Japan prepare for QE infinity by pushing back the time it will take to hit its inflation target yet again. Alongside this, markets are braci...

July 31, 2018

  • The index advances to the mid-94.00s or fresh daily tops.

  • DXY finds support in session lows in the 94.20/15 band.

  • Consumer Confidence surprised to the upside in July.


The greenback, in terms of the US Dollar Index (DXY), has reverted the negative start and is now trading in session tops in the mid-94.0...

The Trump administration announced it’s imposing tariffs on steel and aluminum imported from the European Union, Canada and Mexico, in a move almost certain to trigger retaliation by America’s closest allies.

The decision came hours before temporary exemptions were due to elapse at 12:01 a.m. in Washington on Friday. Th...

April 24, 2018

Analysts from Rabobank maintain the forecast that USD/MXN will trade around the 20 handle in June. They see July elections gaining attention. 

Key Quotes:

“Since the end of last year we have suggested that substantial MXN weakness would emerge as campaigning for the Presidential election got under way.  We have also been...

April 23, 2018

U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.

Mnuchin said he’s “cautiously optimistic” of reaching an agreement with China that bridges their differences over trade.

“A trip is under consid...

April 16, 2018

Chancellor Angela Merkel's line on the latest Syrian crisis is a smart compromise between domestic stability and loyalty to the U.S.

Former German Defense Minister Karl-Theodor zu Guttenberg has mockingly remarked that the German government's decision to back the U.S., British and French strikes in Syria with rhetoric b...

The Trump administration plans to impose tariffs worth as much as $60 billion on Chinese products as early as this week to punish Beijing for what the U.S. perceives as intellectual property theft from American businesses, according to two people familiar with the matter.

U.S. Trade Representative Robert Lighthizer is l...

The European Union told U.S. President Donald Trump it won’t be cowed by his escalating protectionist rhetoric and talk of punitive tariffs.

“Europe is prepared,” Dutch Finance Minister Wopke Hoekstra said Monday as he headed into a meeting with his counterparts from the rest of the euro area. “We are not afraid, we wil...

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