04 June 2024 Dollar Holds Recovery as JOLTS Confirms Rising Recession Risks

New labour market figures from the U.S. show further cooling in conditions, raising fears that the U.S. economy is sliding into a recession.

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04 June 2024 Dollar Sold After Manufacturing PMI Raises Slowdown Fears

The Pound to Dollar exchange rate hit its highest level in 12 weeks on Tuesday amidst renewed USD weakness and analysts see potential for further advances if upcoming U.S. job figures disappoint.

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31 May 2024 Dollar Softens into the Weekend after U.S. PCE Undershoot

The Dollar was softer after a key measure of U.S. inflation undershot expectations, keeping alive expectations that the Federal Reserve will cut interest rates later this year.

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24 May 2024 "U.S. core inflation is at 2%" When Parred with Europe - ING's Smith

Hereโ€™s something that might surprise you: US core inflation is at 2% and has been since last July.

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16 May 2024 When Will the Fed Cut Rates? Why September is Now a Firm Favourite

Expectations for a Federal Reserve (Fed) rate cut in September are gaining traction, shaping market sentiment and the Dollar's movement.

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15 May 2024 Dollar Sold After U.S. Inflation & Retail Sales Undershoot

Pound Sterling rallied against the Dollar after a key U.S. inflation print undershot expectations and retail sales showed a notable retracement in spending during April.

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14 May 2024 Dollar's Round Trip on PPI Inflation Surprise

Dollar exchange rates soon recovered following news that prices at U.S. producers rose sharply last month, giving rise to fears inflation continues to accelerate.

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03 May 2024 Pound to Dollar Rate Soars on U.S. Job Undershoot

a Dollar exchange rates were flattened by a decidedly soft U.S. jobs report that brings a Federal Reserve rate cut looming into sight.

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01 May 2024 Rising Prices and Falling Orders Put U.S. Manufacturers in a Bind

U.S. manufacturers are seeing their costs jump again while their order books decline, presenting members of the Federal Reserve with an unsavoury macroeconomic mix to deliberate.

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30 April 2024 Dollar Rebounds After U.S. Labour Costs Deliver "Deeply Unwelcome" News to the Fed

A measure of wages that is closely watched by the Federal Reserve has added fresh evidence to a docket showing inflationary pressures in the U.S. are increasing.

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25 April 2024 Trump's Right: The Strong Dollar is a Growing Problem for the U.S. Economy

Donald Trump is onto something: the strong Dollar is seeing U.S. consumption increasingly turn to foreign providers for sustenance. But the politicisation of the Dollar could limit its upside says โ€ฆ

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25 April 2024 "Blistering" Services Spending Kicks Fed Rate Cut to December

Donald Trump could be the sitting U.S. President who oversees the first interest rate cut in years from the Federal Reserve.

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25 April 2024 Dollar Jumps After PCE Data Shows Consumer Spending is Surging

Dollar exchange rates are softer right across the board amidst a lack of fresh upside triggers which leaves crowded long positions exposed. However, it is too soon to say a fundamental turnaround iโ€ฆ

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16 April 2024 Fed to Cut Just Once in 2024: Barclays

The Federal Reserve will cut just once in 2024 say economists at Barclays.

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15 April 2024 Dollar Powers Ahead After U.S. Retail Sales "Crush" Expectations

The Dollar was near multi-month highs against the Pound, Euro and other major currencies following another blowout economic data release.

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10 April 2024 Pound to Dollar Rate Flattened by Another Strong U.S. Inflation Print

The U.S. Dollar surged after U.S. inflation was stronger than was expected in March, lowering the odds of a June rate cut at the Federal Reserve to less than 50%.

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05 April 2024 Pound in Big Dip Against Dollar After U.S. Jobs Report Punts 1st Fed Rate Cut Into September

The U.S. Dollar recovered sharply across the board following the release of stronger-than-anticipated U.S. labour market statistics.

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03 April 2024 Pound Spikes Against Dollar on U.S. Service PMI Surprise

The Dollar fell across the board after the ISM PMI survey of the services industry showed a slowing in momentum that raised hopes the Federal Reserve could cut interest rates for the first time in โ€ฆ

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03 April 2024 Fed Rate Cut Hopes Fade Following Bumper ADP Report: XTB

The market is increasingly assuming that a U.S. rate cut is some months away.

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14 March 2024 "Brewing Bullish Momentum for the Dollar" as PPI Inflation Prints Hot

Another surprisingly robust U.S. inflation release has aided Dollar exchange rates higher and points to "brewing bullish momentum" according to one analyst.

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