Market Watch

Fri June 7, 2024
U.S. Change in Nonfarm Payrolls for May were 272k, solidly beating the 180k estimate. But April’s payrolls were revised lower, going from 175k to [...]
Thu June 6, 2024
U.S. Initial Jobless Claims were 229k for the week ending June 1st, just higher than the 220k estimate. And the prior week’s claims were [...]
Wed June 5, 2024
ADP Employment Change for May increased 152k, below the 175k estimate. This is the second piece of soft labor data this week after Monday’s [...]
Tue June 4, 2024
The U.S. Dollar Index is higher today, its first gain following three consecutive daily declines. Support at 104.00 prevented further dollar losses. Attention now [...]
Wed May 29, 2024
The dollar staged a minor rally yesterday which lifted the dollar index from 104.388 in early trading to 104.625 by end of day, or [...]
Tue May 28, 2024
The dollar is starting the holiday-shortened week lower with declines against all the major currencies. Primary weakness is vs. SEK (-1.30%) and NOK (-1.00%), [...]
Fri May 24, 2024
Tighter for longer. No, that’s not someone admitting losing the waistline battle. That is the Fed’s most recent guidance on its rate policy. Economic [...]
Wed May 22, 2024
The release of the FOMC’s meeting minutes from the Fed’s late-April policy decision will be the market’s focus today. Traders are bracing for a [...]
Tue May 21, 2024
The U.S. Dollar Index has gained an average of only 0.05% over the last three days in narrow intraday ranges. The void of U.S. [...]