Results for $CAD. $EUR
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Gaming the ECB and Putting the Cart Before Horse in the Brexit Drama

September 07, 2019
The step away from the edge of the abyss may have stirred the animal spirits, but it remains precarious at best.    The formal withdrawal of the extradition bill in Hong Kong is too late and too little at this juncture.  The ambitions of the protests have evolved well beyond that.  Italy has a new government, but a prolonged honeymoon is unlikely …
Gaming the ECB and Putting the Cart Before Horse in the Brexit Drama Gaming the ECB and Putting the Cart Before Horse in the Brexit Drama Reviewed by Marc Chandler on September 07, 2019 Rating: 5
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US Dollar Finishing August on Firm Note as Euro nears Two-Year Lows

August 30, 2019
Overview:  Global equities are advancing at least in part on ideas that trade tensions are easing.  China announced it would not take immediate action on the five percentage point increase in levies that the US announced strictly in response to China's retaliatory tariffs.  A lull between blows is not the same thing as de-escalation or truce. …
US Dollar Finishing August on Firm Note as Euro nears Two-Year Lows US Dollar Finishing August on Firm Note as Euro nears Two-Year Lows Reviewed by Marc Chandler on August 30, 2019 Rating: 5
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Semblance of Stability Re-Emerging

March 26, 2019
Overview:  The sell-off in equities seemed to peak yesterday, and US indices were narrowly mixed. Traders found comfort in that performance, even though the S&P 500 finished a little below 2800, and took the markets in the Asia-Pacific region higher, except in China, where the Shanghai Composite fell 1.5%.  Chinese shares saw the most foreign …
Semblance of Stability Re-Emerging Semblance of Stability Re-Emerging Reviewed by Marc Chandler on March 26, 2019 Rating: 5
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Brexit Dilution Lifts Sterling, while Yesterday's Equity Rally Fades, Powell Awaited Brexit Dilution Lifts Sterling, while Yesterday's Equity Rally Fades, Powell Awaited Reviewed by Marc Chandler on February 26, 2019 Rating: 5
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The Week Ahead

February 23, 2019
After a dismal end of 2018, investors are faring better through the first two- thirds of the Q1 19.  Equity markets have recouped a good part of the late-2018 decline.   Bond yields, however, have not returned to where they previously were.  The tightening of financial conditions, which was both cause and effect of heightened anxiety among investo…
The Week Ahead The Week Ahead Reviewed by Marc Chandler on February 23, 2019 Rating: 5
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Dollar Bulls may Turn Cautious

February 17, 2019
While we expect that the broad economic and monetary divergence will allow the dollar's uptrend to resume, more immediately we have been expecting the recent ranges to remain intact.  The ranges may have frayed, but the pre-weekend price action may reinforce them. With a slow start to the week ahead (US holiday and light economic calendar), i…
Dollar Bulls may Turn Cautious Dollar Bulls may Turn Cautious Reviewed by Marc Chandler on February 17, 2019 Rating: 5
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Dollar Outlook: Almost There

February 10, 2019
The US dollar rose against all the major currencies last week.  It also appreciated against most of the emerging market currencies, save two from Latam (Mexico and Peru) and two from Asia (Philippines and Malaysia).  The US January jobs report on February 1, coupled with disappointing European data and a less hawkish Reserve Bank of Australia, he…
Dollar Outlook: Almost There Dollar Outlook:  Almost There Reviewed by Marc Chandler on February 10, 2019 Rating: 5
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Greenback Remains Firm

February 05, 2019
Overview: The US dollar is little firmer against most of the major currencies.  Despite some disappointing data (retail sales, trade, PMI), the Australian dollar has recovered from initial losses below $0.7200 on the back of the central bank's reluctance to adopt an easing bias.  A small upward revision in the eurozone's flash service and …
Greenback Remains Firm Greenback Remains Firm Reviewed by Marc Chandler on February 05, 2019 Rating: 5
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