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May Fourth be with the Dollar

May 04, 2021
Overview:  After seeing its pre-weekend gains pared yesterday, partly due to some disappointing data, the US bounced back today.  It is posting broad gains, and the euro has been sold through last week's lows. Among the majors, the yen, sterling and Canadian dollar are holding up best with about a 0.25-0.30% loss through the European morning. …
May Fourth be with the Dollar May Fourth be with the Dollar Reviewed by Marc Chandler on May 04, 2021 Rating: 5
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May Monthly

May 03, 2021
After generally trending higher in the first quarter, the dollar slumped in April.  An important leg of support was cut, as interest rates fell.  The 10-year yield slid by more than 20 bp at one point despite the unambiguous evidence that the economy was strengthening, and input prices were rising, not just stemming from comparisons with last year…
May Monthly May Monthly Reviewed by Marc Chandler on May 03, 2021 Rating: 5
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The Dollar Consolidates Pre-Weekend Advance

May 03, 2021
Overview:  The capital markets are off to a cautious start of a week that features the central bank meetings in the UK, Australia, Norway, Poland, Czech, Turkey, and Brazil.  The UK holds local elections, and the US and Canada report employment data at the end of the week.  In addition, the earnings season continues, while the US will also announc…
The Dollar Consolidates Pre-Weekend Advance The Dollar Consolidates Pre-Weekend Advance Reviewed by Marc Chandler on May 03, 2021 Rating: 5
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The Dollar can Build on the Pre-Weekend Gains

May 02, 2021
The US dollar traded heavily most of last week but rebounded ahead of the weekend, with some month-end flows impacting.  The Japanese yen was a notable exception.  The rise in US yields helped lift the greenback nearly a percent against the yen.  The Fed's standpat stance in light of the surging economy and signals the Norwegian central bank a…
The Dollar can Build on the Pre-Weekend Gains The Dollar can Build on the Pre-Weekend Gains Reviewed by Marc Chandler on May 02, 2021 Rating: 5
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Another Big Week Ahead

May 01, 2021
Now that the first estimates of Q1 growth in the US, China, and the EMU, which account for around 70% of the world's economy, have been reported, March's economic data will lose some of its gravitas. Indeed, the April PMIs and some other survey data, including business and investor confidence, and a series of regional Fed's manufacturi…
Another Big Week Ahead Another Big Week Ahead Reviewed by Marc Chandler on May 01, 2021 Rating: 5
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