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Will the Market Push the Dollar Above JPY152 as Japanese Prime Minister Heads to the US? Will the Market Push the Dollar Above JPY152 as Japanese Prime Minister Heads to the US? Reviewed by Marc Chandler on April 08, 2024 Rating: 5
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Week Ahead: Strong US Jobs Data Failed to Sustain Dollar Rally, Can the March CPI do Better? Week Ahead: Strong US Jobs Data Failed to Sustain Dollar Rally, Can the March CPI do Better? Reviewed by Marc Chandler on April 06, 2024 Rating: 5
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US Employment Data to Set Dollar's Course

April 05, 2024
Overview: The focus is squarely on the US employment report. At the risk of oversimplifying, given the position adjustment in the past 48 hours, a solid report can see the greenback recover, while a disappointing report will likely see it deepen the correction of the rally that began with the February jobs report. The dollar recovered in the North…
US Employment Data to Set Dollar's Course US Employment Data to Set Dollar's Course Reviewed by Marc Chandler on April 05, 2024 Rating: 5
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Greenback Losses Extended, but Look for Consolidation in North America

April 04, 2024
Overview: The softer-than-expected ISM services report caught the market leaning the wrong way. Although interest rates had a muted reaction, the dollar was sold. In fact, the Dollar Index saw its second-biggest loss of the year, falling by about 0.50%. ISM services prices paid increases moderated to their slowest since March 2020. Supplier delive…
Greenback Losses Extended, but Look for Consolidation in North America Greenback Losses Extended, but Look for Consolidation in North America Reviewed by Marc Chandler on April 04, 2024 Rating: 5
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Rate Adjustment Underpins Greenback

April 03, 2024
Overview: The adjustment to US interest rates continues and this helps underpin the US dollar. The 10-year yield rose to 4.40% yesterday, the highest it has been since last November. It is trading 4.34%-4.38% today. The two-year yield is firm though holding below the Q1 high set last month near 4.75%. This week, for the first time since last Octob…
Rate Adjustment Underpins Greenback Rate Adjustment Underpins Greenback Reviewed by Marc Chandler on April 03, 2024 Rating: 5
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Gold, Oil, and Interest Rates Rise

April 02, 2024
Overview:  The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and lifted the greenback. The Dollar Index made a new high for the year, a little above 105, which had been anticipated by the ne…
Gold, Oil, and Interest Rates Rise Gold, Oil, and Interest Rates Rise Reviewed by Marc Chandler on April 02, 2024 Rating: 5
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China PMI is Better than Expected but the Greenback Still Rises above CNY7.23 China PMI is Better than Expected but the Greenback Still Rises above CNY7.23 Reviewed by Marc Chandler on April 01, 2024 Rating: 5
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