Inflation is too high, wants to bring it downThis is a complicated time for monetary policyIt's a low-hire, low-fire economyI hear from price setters that they ...
Prior was +4.24B (revised to +3.70B)Exports $77.49 vs $77.10B prior (revised to $77.19)Imports $73.63B vs $72.86B prior (revised to $73.49B)Exports +0.4% m/mImp...
US Treasury Secretary Scott Bessent's latest comments on yen intervention in a CNBC interview might fuel speculation that the Bank of Japan could be moving clos...
The U.S. dollar is mixed in early trading, strengthening against the JPY, CAD, and declining vs the GBP, EUR, AUD and NZD. The biggest change is a -0.49% declin...
Job market is stable right nowCommitted to getting inflation back to targetCommitted to ahving 'open mind' about monetary policy outlookSupported decision to ho...
US Treasury Secretary Bessent: We may have an Iran deal tomorrow to open HormuzEUR/USD surges above 1.15 helped by yen intervention; focus shifts back to fundam...
US Treasury Secretary Scott Bessent said that a deal to reopen and stabilize shipping through the Strait of Hormuz could be reached as soon as Tuesday or Wednes...
FUNDAMENTAL OVERVIEWUSD:The US dollar sold off across the board in the final part of last week. The initial weakness came from the FOMC rate decision as the ext...
Iran and Oman are reportedly close to reaching an agreement that would establish a new framework for managing shipping traffic through the Strait of Hormuz.Acco...
FUNDAMENTAL OVERVIEWUSD:The US dollar sold off across the board in the final part of last week. The initial weakness came from the FOMC rate decision as the ext...
And it doesn't come any bigger than the US jobs report. To be fair, perhaps the US CPI report will be of more importance. However, don't underestimate the poten...