The FOMC left its official rate unchanged (target 5.25%-5.50%) at yesterday’s rate policy announcement. No change was expected so market attention was focused on [...]
The U.S. Dollar Index is -0.33% today and -0.44% for the week, jeopardizing the dollar’s run of nine consecutive weekly gains. Today’s dollar losses [...]
The dollar’s recent rally has landed it in the crosshairs of Chinese and Japanese central banks. Overnight the People’s Bank of China verbally warned [...]
U.S. Treasury yields are higher in all tenors today, reversing course from the previous two days of trading. Former St. Louis Fed President James [...]
The U.S. Dollar Index finally leapfrogged resistance at 103.60 after several previous failed attempts during August. The DXY is +0.39% today at 103.968 with [...]