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European Commission Offers 5 Scenarios

March 02, 2017
Later this month, Europe celebrates the 60th anniversary of the Treaty of Rome, which established the European Economic Community.  Very near to the anniversary, which was not one of the original members,the UK will likely begin the process that will lead to its exit.  This, coupled with some reluctance of some new members in Eastern and Central E…
European Commission Offers 5 Scenarios European Commission Offers 5 Scenarios Reviewed by Marc Chandler on March 02, 2017 Rating: 5
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Dollar Remains Bid

March 02, 2017
The US dollar is bid against the major currencies as the combination the increased expectation of a Fed rate hike and the President's commitment to fiscal stimulus buoys sentiment.  The dollar-bloc, where speculators in the futures market, have grown a net long position, are leading the move. 
The Australian dollar is the best performer this ye…
Dollar Remains Bid Dollar Remains Bid Reviewed by Marc Chandler on March 02, 2017 Rating: 5
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Great Graphic: Fed's Real Broad Trade Weighted Dollar

March 01, 2017
To begin assessing the dollar's impact on the US economy, nominal bilateral exchange rates may be misleading.  From a policymakers' point of view, the real broad trade weighted measure is more important.  The Federal Reserve tracks it on a monthly basis.
This measure of the dollar snapped a four-month advancing  streak ended in January with…
Great Graphic: Fed's Real Broad Trade Weighted Dollar Great Graphic:  Fed's Real Broad Trade Weighted Dollar Reviewed by Marc Chandler on March 01, 2017 Rating: 5
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The Resilience of Globalization and the US Dollar The Resilience of Globalization and the US Dollar Reviewed by Marc Chandler on March 01, 2017 Rating: 5
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Greenback Bounces, More Fed than Trump

March 01, 2017
The much-anticipated speech by US President Trump was light on the details that investors interested in, like the tax reform, infrastructure initiative, and deregulation.  There appears to be an agreement to repeal the national healthcare, but there is no consensus on its replacement. 
The gains in the US dollar appear to be more a function of shif…
Greenback Bounces, More Fed than Trump Greenback Bounces, More Fed than Trump Reviewed by Marc Chandler on March 01, 2017 Rating: 5
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