U.S. Economy - Results from #160

13 October 2022 U.S. Dollar: Inflation Burns Bright

The 'pivot' in the Federal Reserve's hiking cycle, and the Dollar rally, remains as elusive as ever after data confirmed U.S. inflation continues to run hot.

07 October 2022 Dollar Rallies against Pound and Euro Following U.S. Labour Market Beat

The Dollar was sharply higher against the Euro and Pound Sterling following the release of U.S. labour market data that betrayed a healthy economy and invited the Federal Reserve to maintain a poli…

13 September 2022 Pound to Dollar Rate Drops Sharply on U.S. Inflation Surprise

The Dollar rose sharply after data showed U.S. inflation is running hotter than markets were expecting, meaning the Federal Reserve will be emboldened in its desire to raise interest rates.

02 September 2022 Strong Employment Data to Keep Dollar Bid

Stronger than expected labour market data released out of the U.S. on Friday will keep the Dollar.

15 August 2022 Collapse in Empire State Index: "Startlingly Terrible, but Scarcely Believable"

"In one line: Startlingly terrible, but scarcely believable" - Pantheon Macroeconomics.

05 August 2022 Dollar Jumps against Pound and Euro on Surge in U.S. Job Creation

The U.S. economy added 528K jobs in July, a number that more than doubled the 250K jobs the market was expecting and aided a rebound in the U.S. Dollar.

01 August 2022 Dollar in Soggy Start to August as U.S. ISM Data Points to Slowing Inflation

A key measure of U.S. inflationary developments adds to evidence a peak in inflation is nearing, weighing on the Dollar at the start of August.

29 July 2022 U.S. Dollar in Strong Rebound Following Hot PCE Inflation and Personal Spending Prints

The Federal Reserve has little incentive to step back from its fast paced interest rate hiking cycle after its favoured measure of inflation comes in above expectations.

28 July 2022 U.S. in Technical Recession, Dollar Retreats

"Growth momentum is undoubtedly weakening amid headwinds such as rapid policy tightening"

23 June 2022 Pound to Dollar Rate Turns Green on Big U.S. Data Miss

On a day of PMI data releases it is the UK which has surprised positively while the Eurozone and U.S. have all delivered sizeable downside surprises.

20 May 2022 U.S. More at Risk of Recession than Europe says Commerzbank

The Eurozone economy faces significant supply challenges, but demand in the U.S. economy will be squashed by a very active Federal Reserve to the extent that a recession is now likely in 2023.

18 May 2022 U.S. will Dodge Recession says Soc Gen

"One day, a recession will come, but the current evidence points to upside not downside," says Stephen Gallagher, Head of Research for the Americas at Société Générale in New York.

11 May 2022 Dollar Spikes on U.S. Inflation Surprise

The Dollar jumped after U.S. inflation figures for April came in stronger than the market was expecting.

28 April 2022 Dollar Will Likely Swat Aside News the U.S. Economy Shrank in Q1

A powerful GBP/USD sell-off was meanwhile arrested near 1.2436, with the EUR/USD consolidating at 1.04.

26 April 2022 Odds of a U.S. Recession Back to 50%: Macro Hive

U.S. 10y treasury yields are getting closer to 3% – a level not seen since late 2018.

12 April 2022 Dollar Bulls Deflated by Latest Inflation Figures

The GBP to USD exchange rate rose to 1.3040 after U.S. core CPI inflation rose 0.3% month-on-month in March, down on the 0.5% printed in February and underwhelming against the 0.5% the market was l…

11 February 2022 U.S. Inflation Forecasters Still See Prices Falling Around Spring Time

Forecasters remain confident that inflation is still likely to begin falling around Spring time.

10 February 2022 Pound / Dollar Makes Strong Gains Following U.S. Inflation Data Release

The Dollar jumped on the release of U.S. inflation data that came in stronger than expected.

04 February 2022 Dollar Pressures the Pound as U.S. Economy Churns Out Jobs

The Dollar jumped against the Pound and Euro after the U.S. reported 467K jobs were created in January.

12 January 2022 Pound / Dollar Jumps 0.50% in Wake of Scorching U.S. Inflation Data

The Pound to Dollar exchange rate pushed to its highest level since November 04 after the U.S. Dollar extended a run of losses following the release of U.S. inflation data.