FX has taken on a secondary role this week, with the ongoing bid in record high US equities in the spotlight. It's been a one way show for stocks for many years now, though this latest run has on off the rails, meltup kind of feel, especially when considering Fed policy normalization. read report
Next 24 hours: FX Market Sits Back to Take in US Equity Craze
The US Dollar has been doing a good job fighting its way back. The Fed outlook continues to point to higher rates and US economic data has been impressive. On the other side, the Euro and Pound have been contending with political uncertainty. Draghi, UK jobs ahead. read report
Next 24 hours: Not Without a Fight
The market is sitting back and waiting for price action to pick up, and there is no shortage of risk that can easily get things going. North Korea tension is back on the rise, Brexit concerns are once again in the spotlight and Spain and Catalonia remain in a deadlock. read report
Next 24 hours: Weekend Yellen Comments Slow USD Declines
We're off to a slow start this week. The economic calendar on Monday is thin and the market will probably spend more time thinking about all of the political headwinds and geopolitical risks at the moment. read report
The US Dollar came back under pressure this week and although the setbacks weren't intense, there are many out there calling for this move to be the start to a resumption of declines that we've been seeing for most of 2017. US CPI and retail sales ahead. read report
Special report: Fed Minutes Preview
The US Dollar has come back under pressure this week following a period of recovery. For the moment, fading US tax reform optimism, renewed North Korea tension and a strong technical trend, all seem to be behind the latest run of Dollar weakness. read report
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