Topic: Daily Market Updates
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Fedspeak drove USD index lower, below key 100 level
Powell comments drive USD lower as equities slump. Fed’s Hammack sees risks of reduced growth, employment, and higher inflation. China now faces up to a 245% tariffs.
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Loonie declines ahead of BoC meeting
Loonie slips on softer March inflation. Trade uncertainty weighs on US assets. Pacey euro appreciation to force ECB’s hand. Pound mixed after slower inflation.
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Calm waters, stormy depths
Trade uncertainty weighs on US assets. Pacey euro appreciation to force ECB’s hand. Pound mixed after slower inflation.
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Dollar finds support after oversold conditions
US equities pause after rally, USD finds support. RBA minutes: Wary of further rate cuts. US Empire Manufacturing exceeds expectations.
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Bearish Dollar views linger
Dollar faces mounting pressure. Tread lightly around the bond market. Euro emerges as an attractive alternative. Pound steady after jobs report.
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Lacking clarity and confidence
Dollar faces mounting pressure. Euro emerges as an attractive alternative. Pound steady after jobs report.