Results for Trade
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Oh, Canada

August 25, 2026
The breakdown in U.S.-Canada trade talks weighed on the Canadian dollar and drove Canadian interest rates lower. That is hardly surprising. A trade war with an economy roughly 12 times larger is a more significant threat to Canada than to the United States. The asymmetry is economic, even if Ottawa believes it has some political leverage.In the mi…
Oh, Canada Oh, Canada Reviewed by Marc Chandler on August 25, 2026 Rating: 5
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Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month Fall of French Government Does Not Roil the Markets and a BOJ Dove did not Rule out Rate Hike this Month Reviewed by Marc Chandler on December 05, 2024 Rating: 5
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Sterling and Gilts Pressed Lower by Firmer CPI

November 20, 2024
Overview: US dollar and rates are firmer today. All the G10 currencies are lower, led by the Japanese yen. The UK reported firmer than expected CPI and this may have deflected some of the selling pressure away from sterling, which is off less than 0.2% to put it atop the pack ahead of the US open. Nearly all the emerging market currencies are lowe…
Sterling and Gilts Pressed Lower by Firmer CPI Sterling and Gilts Pressed Lower by Firmer CPI Reviewed by Marc Chandler on November 20, 2024 Rating: 5
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Geopolitics Roil Capital Markets

November 19, 2024
Overview: Within hours of the US giving permission to Ukraine to use US weapons to strike Russian territory, which it did, Moscow announced a change it is nuclear doctrine that allow for the use of nuclear weapons against a conventionally armed adversary that is backed by nuclear powers. This follows on the heels of the failure of two telecom cabl…
Geopolitics Roil Capital Markets Geopolitics Roil Capital Markets Reviewed by Marc Chandler on November 19, 2024 Rating: 5
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CSI 300 Drops 7%, Oil Steadies, and the US Dollar Remains Firm

October 09, 2024
Overview: We suspect the market overreacted to the US jobs data, which was tainted by the lowest "establishment" response in over two decades and seasonal adjustments were likely thrown off by Hurricane Helene and the 33k strike at Boeing. We think Fed officials, and more speak today, have confirmed that it was not the game changer than …
CSI 300 Drops 7%, Oil Steadies, and the US Dollar Remains Firm CSI 300 Drops 7%, Oil Steadies, and the US Dollar Remains Firm Reviewed by Marc Chandler on October 09, 2024 Rating: 5
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Dollar-Bloc Currencies are Disappointed by the Lack of New Chinese Fiscal Stimulus Dollar-Bloc Currencies are Disappointed by the Lack of New Chinese Fiscal Stimulus Reviewed by Marc Chandler on October 08, 2024 Rating: 5
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Risk of 50 bp cut by the Fed Tomorrow Keeps the Greenback on the Defensive

September 17, 2024
Overview: With heightened expectations of a 50 bp cut by the Federal Reserve tomorrow, the dollar has not gotten a reprieve and is softer against nearly all the currencies. Japan's long holiday weekend ended, and the greenback has held above JPY140 today. It is consolidating, but against most of the G10 currencies, the dollar's losses have…
Risk of 50 bp cut by the Fed Tomorrow Keeps the Greenback on the Defensive Risk of 50 bp cut by the Fed Tomorrow Keeps the Greenback on the Defensive Reviewed by Marc Chandler on September 17, 2024 Rating: 5
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US Dollar Returns Bid on the Back of Firmer Rates

September 09, 2024
Overview:  After falling following the US jobs report before the weekend, US interest rates have come back firmer, helping the give the dollar a boost. A downward revision to Japan's Q2 GDP, reflecting weaker consumption, business investment, and a little more inflation, have helped the greenback retrace the pre-weekend losses against the yen.…
US Dollar Returns Bid on the Back of Firmer Rates US Dollar Returns Bid on the Back of Firmer Rates Reviewed by Marc Chandler on September 09, 2024 Rating: 5
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Dollar Comes Back Bid

June 13, 2024
Overview: The dollar fell alongside US rates yesterday after the softer than expected CPI. The move on both rates and the dollar were pared after the FOMC meeting which held rates steady as widely expected, but the median dot now anticipated one cut this year rather than three. The dollar has recovered more ground today and is trading with a sligh…
Dollar Comes Back Bid Dollar Comes Back Bid Reviewed by Marc Chandler on June 13, 2024 Rating: 5
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