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Dollar Dumped On NFP Miss
Dollar Dumped On NFP Miss

Weak Jobs DataThe US Dollar is trading lower today on the back of the June NFP release yesterday which came in sharply below forecasts. The headline NFP reading fell to just 57k last month, well below...

Dollar Plunges On Suspected JPY Intervention
Dollar Plunges On Suspected JPY Intervention

BOJ Intervention?The US Dollar is falling sharply today ahead of the keenly awaited June NFP release this afternoon. The downside action looks linked to the strong rally we’re seeing in JPY today...

Dollar Pauses Near YTD Highs - NFPs On Watch
Dollar Pauses Near YTD Highs - NFPs On Watch

Dollar Muted for NowThe US Dollar is starting the week on a softer footing as the Dollar Index remains down from last week’s fresh YTD highs. Incoming headlines around developments in the Middle East...

Dollar Rally Stalls As Inflation Outlook Questioned
Dollar Rally Stalls As Inflation Outlook Questioned

US Core PCE StallsThe rally in the US Dollar has stalled for now on the back of yesterday’s closely watched inflation data. The monthly core PCE reading was seen printing 0.3%, as expected, with the...

Dollar Soaring On Hawkish Fed Shift
Dollar Soaring On Hawkish Fed Shift

USD Breaking OutThe US Dollar continues to push higher midweek with the Dollar Index now trading at its highest levels since early 2025 following the breakout above the $100 mark. Hawkish Fed...

US Equities Weaken Amidst Hawkish Fed Shift
US Equities Weaken Amidst Hawkish Fed Shift

Stocks Slipping From HighsUS stocks are on watch today with the S&P futures heavily in the red as the US Dollar continues to push higher. A firmly hawkish shift from the Fed last week has seen...

Dollar Off Highs Ahead of June FOMC Tonight
Dollar Off Highs Ahead of June FOMC Tonight

FOMC Up NextThe US Dollar is on watch today as traders brace for the June FOMC meeting this evening. The meeting, which will be the first under new chairman Kevin Warsh arrives against a changing...

Dollar On Watch As Traders Brace For US CPI Today
Dollar On Watch As Traders Brace For US CPI Today

US Inflation On WatchThe US Dollar looks to be in wait-and-see mode as traders brace for the latest US inflation data due this afternoon. Friday-s bumper US jobs data sparked a fresh rally in the...

Dollar Jumps As Rate Hike Bets Soar
Dollar Jumps As Rate Hike Bets Soar

Dollar Pushing HigherThe US Dollar is starting the week on a quieter footing after the rally we saw on Friday in response to stronger-than-forecast US jobs data.  The headline NFP release came in at...