US Dollar Index Is Weak Early on December 13
In the early hours on Wednesday, the US Dollar Index is weak and trading below the opening prices. At 3:50 AM EST, it was trading at 94—a fall of 0.11%.
The US bond (BND) markets responded to the series of positive economic data releases from the US last week.
The US Dollar Index regained stability and moved higher last week. However, the US Dollar Index opened this week on a mixed note.
St. Louis Fed president and CEO James Bullard gave a presentation at a regional economic briefing on December 1. Previously, we looked at the causes of yield curve inversion. In this…
St. Louis Fed president and CEO James Bullard gave a presentation at a regional economic briefing on December 1. In his presentation, Bullard laid out some conditions that could lead to…
The pace of interest rate hikes and inflation rate growth have a profound influence on the US yield curve. The US Fed has been communicating its intent to increase interest…
There are multiple factors that can affect the shape of yield curves. Bonds (BND) with different maturities react differently to changes in economic conditions and expectations. For example, when the US Fed…
After regaining stability last week, the US Dollar Index rose this week. It rose in the first four trading days this week and opened higher on Friday.
The US Dollar Index regained strength last week and started this week on a stronger note amid the improved market sentiment.
The proposed tax cuts and the resulting increase in the federal deficit are expected to impact bond markets. It’s important to consider the Fed’s stance.
The report from the Joint Committee on Taxation included an estimate of budgetary deficits for 2018–2027. Tax reforms could have a limited impact in 2018.
A few days before the US Senate approved its own version of the Tax Cuts and Jobs Act, 137 economists signed an open letter supporting the proposed bill.
The US Dollar Index started this week on a stronger note by rebounding on Monday. The US Dollar Index opened Tuesday on a stable note.
The US Dollar Index broke its three-week losing streak last week and regained stability. The US Dollar Index opened higher on Monday.
The US bond (BND) market performance was mixed for the week ending December 1 as volatility increased.
The US Dollar Index opened lower on December 1 and traded with weakness below opening prices in the early hours.
In the early hours on November 30, the US Dollar Index is trading with strength above opening prices.
The November Conference Board LEI reported the average consumer expectations for business conditions for October at 0.96, a sharp increase from the September reading of 0.43.
The November Conference Board report, which takes October data into account, reported the credit spread at ~1.2—an improvement from the September reading of ~1.1.
In the Conference Board Leading Economic Index, the average weekly unemployment claims have 3.0% weight.