Dollar Gains as Trump Signs Tariffs, BOJ and Non Farms Payrolls TodayMar 9, 2018 - By Nick Twidale
The US dollar had a strong day yesterday as two major risk events combined to help it drive higher against all the other major currencies with the exception of the Cad. The main reason for the strong rally was President Trumps signing of the tariff proclamation on imported Steel and Aluminium with a crucial caveat that close neighbours Canada and Mexico were excluded.
Markets Hit as Trump Adviser Cohn ResignsMar 7, 2018 - By Nick Twidale
Volatility continues to return to financial markets with more news out of the US causing moves either side in the last few sessions. We’d originally seen the ‘risk on’ trades come back well during the later part of yesterday’s trading as fears continued to subside with regard to the proposed US tariffs.
Markets Still Nervous As Tariff Talk ContinuesMar 5, 2018 - By Nick Twidale
The market continued to trade to the downside through Friday’s trading sessions as worries over the impact of President Trump’s proposed tariff’s on Steel and Aluminium continued to dominate moves.
Trump Tariff Plans Rock the MarketMar 2, 2018 - By Nick Twidale
We saw some volatility towards the end of the trading day yesterday as President Trump announced plans for tariffs on Steel and Aluminium. We’d seen further appreciation in the dollar for most of the day before he announced plans for tariffs of 25% on steel and 10% on aluminium
Dollar Continues to Appreciate as Stocks Drop LowerMar 1, 2018 - By Nick Twidale
We saw some good trading conditions yesterday after the market digested the previous nights comments from Fed Chair Jerome Powell. The dollar continued to grind higher as the stock markets had another bad day and US yields moved higher.
US Bond Yields Run out of Steam as Stock Markets RecoverFeb 27, 2018 - By Simon Hill
The US Dollar pushed higher overnight, although not driven by the usual correlation with bond yields. The US 10 year is now down to 2.86% from its high at 2.95% less than a week ago, which caused the recent severe stock market sell-off. This move is now reversing with bond yields running out of steam and the stock market taking back most of its losses. We have seen flows back into the USD as confidence returns in equity markets.