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Market Watch

Tue February 13, 2024
U.S. Consumer Price data released today for January was higher than forecast in all categories. Consumer prices increased 3.1% from a year ago, above [...]
Mon February 12, 2024
The dollar is mixed against the G10 this morning with a slight edge going towards dollar strength. The U.S. Dollar Index is +0.08% at [...]
Fri February 9, 2024
Today the USD/JPY reached its highest level since Nov 27th and is +5.61% since the beginning of the year. Last year’s record high of [...]
Thu February 8, 2024
Dollar bulls are back in control today following the previous two days of dollar declines. U.S. Dollar Index support at 104.00 was lightly tested [...]
Wed February 7, 2024
The dollar index is -0.17% today and -0.41% over two days, consolidating following Fri-Mon gain of 1.42%. Resistance at 104.50 is the hurdle for [...]
Mon February 5, 2024
Federal Reserve Chairman Jerome Powell laid out the Fed’s new focus during a 60 Minutes interview (filmed on Thursday, a day after the Fed’s [...]
Fri February 2, 2024
U.S. Nonfarm Payrolls for January were +353k, almost double the +185k estimate and the highest level in over a year. December’s NFP were revised [...]
Thu February 1, 2024
Yesterday the FOMC left the federal funds target rate unchanged at 5-1/4 to 5-1/2. Key changes were made to the text of the policy [...]
Tue January 30, 2024
The U.S. Dollar Index has fallen back to 103.50, the midpoint of its pre-FOMC range after testing 103.82 yesterday. Support at 103.25 and resistance [...]