Marketwatch North America

Daily Insights
March 26, 2024

The dollar is narrowly lower vs. most G10 currencies, the biggest declines coming against the commodity pairings: -0.25% vs. NZD, -0.24% vs. SEK and -0.19% vs. CAD. The U.S. Dollar Index is -0.36% trading at 104.100.

U.S. Preliminary Durable Goods Orders for February were +1.4% (+1.0% est.) and Durable Goods Ex Transportation were +0.5% vs. +0.4% estimate. Both results were a sharp reversal from the prior month’s -6.9% and -0.3% respectively. Other data released today included the FHFA House Price Index, -0.1% vs. +0.3% estimate, and Consumer Confidence at 104.7, below 107.0 estimate.

U.S. Treasury yields are slightly higher in the mid/long tenors. The 10-year yield is +0.02% at 4.265%.

Oil is +0.12% today at $82.00/barrel and +14.46% YTD. Gold is +0.48% at $2,182.13/oz, near its all-time record close at $2,185.95 set on March 20th and all-time high at $2,222.39/oz set on March 21st.

Economic Calendar

USD - Core Durable Goods Orders m/m
JPY - BOJ Core CPI y/y
USD - Durable Goods Orders m/m
EUR - German GfK Consumer Climate
USD - S&P/CS Composite-20 HPI y/y
EUR - German 10-y Bond Auction
USD - HPI m/m
CAD - Gov Council Member Rogers Speaks
USD - CB Consumer Confidence
USD - Richmond Manufacturing Index
AUD - MI Leading Index m/m

Market Indicators

Currency Pairs
Pair High Low
usd/jpy 151.47 151.205
eur/usd 1.08643 1.08358
gbp/usd 1.26679 1.26338
aud/usd 0.65589 0.65313
usd/cad 1.35906 1.35525
eur/gbp 0.85878 0.85691
usd/mxn 16.7153 16.6529
Equities and Commodities
S&P 500 5242.6
NASDAQ 18400.3
DOW 39400.2
GOLD 2184.81
SILVER 24.57

This document is for information purposes only and does not constitute any recommendation or solicitation to any person to enter into any transaction or adopt any trading strategy, nor does it constitute any prediction of likely future movements in exchange rates or prices or any representation that any such future movements will not exceed those shown on any illustration. All exchange rates and figures appearing are for illustrative purposes only. You are advised to make your own independent judgment with respect to any matter contained herein.