Toward the end of last week, USDCAD tested its 100-day moving average near 1.37631 (see post from earlier this week). That technical floor provided support, …
There is a big rush in Congress to get Stephen Miran in place but I’m not really sure why. Even if he votes to cut …
Prior sales were +0.3% Inventories +0.1% vs +0.2% prior Prior inventories +0.2% This is a lower-tier report but the inventories feed into GDP and lead …
Yesterday, in the USDCHF, the pair fell but found support near the swing area floor between 0.79104 and 0.79209, sparking a bounce that carried the …
The market is almost-fully priced for 25 basis point rate cuts at each of the next three FOMC meetings but the most-interesting one right now …
The USD initially fell after U.S. PPI data came in softer than expected but has since rebounded as selling momentum faded. The weaker inflation print …
The US dollar initially fell on the headlines but recouped most of the drop in short order. USD/JPY fell from 147.50 down to 147.05 but …
Prior was +3.3% Prices m/m -0.1% vs +0.3% expected (prior was +0.9%) PPI ex-food and energy +2.8% vs +3.5% expected (prior was +3.7%) ex-food and …