Edit

US Dollar is Mostly Firmer, amid Weak Conviction

February 18, 2026
The US dollar was sold to new session lows against several currency pairs late in the North American afternoon yesterday, but there has been little follow-through today. The greenback is firmer against most of the G10 currencies today in subdued activity. The highlight includes an unexpected dovish hold by the Reserve Bank of New Zealand and a sof…
US Dollar is Mostly Firmer, amid Weak Conviction US Dollar is Mostly Firmer, amid Weak Conviction Reviewed by Marc Chandler on February 18, 2026 Rating: 5
Edit
UK Unemployment Rises and Private Pay Increases Slow to Five-Year Lows, Pulling Sterling Lower UK Unemployment Rises and Private Pay Increases Slow to Five-Year Lows, Pulling Sterling Lower Reviewed by Marc Chandler on February 17, 2026 Rating: 5
Edit
Japanese Data Disappoint and Sends Yen Lower, While the Greenback Consolidates more Broadly Japanese Data Disappoint and Sends Yen Lower, While the Greenback Consolidates more Broadly Reviewed by Marc Chandler on February 16, 2026 Rating: 5
Edit
Week Ahead: SCOTUS Decision on Tariffs? 8 Fed Officials Speak as the Market Discounts almost 65 bp of Cuts this Year Week Ahead: SCOTUS Decision on Tariffs? 8 Fed Officials Speak as the Market Discounts almost 65 bp of Cuts this Year Reviewed by Marc Chandler on February 14, 2026 Rating: 5
Edit

The Dollar is Firm Ahead of January CPI

February 13, 2026
The US dollar is firm against the G10 currencies ahead of the US January CPI. The week began with news that Chinese officials were encouraging de-risking from US Treasuries. Helped by stronger than expected January employment data, the greenback pared its losses. Separately, and counter-intuitively, the Japanese yen and Japanese bonds have rallied…
The Dollar is Firm Ahead of January CPI The Dollar is Firm Ahead of January CPI Reviewed by Marc Chandler on February 13, 2026 Rating: 5
Edit

Consolidation Featured after Yesterday's Big FX Moves

February 12, 2026
The general tone in the foreign exchange market is one of consolidation after yesterday’s stronger than expected January jobs data injected volatility into dollar trading. The news stream is light and tomorrow the US reports January CPI. Japan’s markets re-opened after yesterday’s holiday and extended the yen’s recovery marginally and the JGB rall…
Consolidation Featured after Yesterday's Big FX Moves Consolidation Featured after Yesterday's Big FX Moves Reviewed by Marc Chandler on February 12, 2026 Rating: 5
Edit

US Jobs Data Due while the Confrontation with Iran is Approaching a Climax

February 11, 2026
The US dollar is softer against all the G10 currencies. The powerful short squeeze continues to lift the yen, though Japan was on holiday today. Defying expectations, the yen, and Japanese bonds have rallied since the LDP’s sweeping electoral victory. The combination of a stronger yen and lower yields may look like a classic sell the “sell the rum…
US Jobs Data Due while the Confrontation with Iran is Approaching a Climax US Jobs Data Due while the Confrontation with Iran is Approaching a Climax Reviewed by Marc Chandler on February 11, 2026 Rating: 5
Subscribe to: Comments ( Atom )
Powered by Blogger.