USD

How a shift in trade policy, the extension of tax cuts, the appointment of Scott Bessent as Treasury Secretary, and potential threats to Federal Reserve independence could pave the way for a weaker greenback under Trump.

U.S. stocks are pushing higher, with the NASDAQ 100 and the S&P 500 adding to yesterday’s record-high close ahead of comments from Federal Reserve Chair Jerome Powell. Investors are brushing off geopolitical risks, and attention is on a slew of US economic data; ADP payrolls were weaker than forecast, and ISM services PMI, as well as factory orders, are due to be released shortly. The data, along with Fed Chair Powell could give further insight into the future path for rates.

A rebound off trend support keeps the focus on a breakout of the weekly range heading into NFPs on Friday. Battle lines drawn on the DXY short-term technical charts.

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

U.S. stocks are edging lower on Tuesday after the S&P 500 and the NASDAQ closed at record levels in the previous session. Sentiment is souring after news that China will begin banning the export of some rare minerals to the US in a tit-for-tat escalation of the tech war

While it is well documented that the USD tends to suffer in December, the dynamics of Trump at the helm alongside another important FOMC meeting could give seasonality a run for its money. But regardless of which way the dollar travels this month, there is a clear intra-month pattern that is worth factoring in to the equation.

U.S. stocks are heading for a modestly strong start to December after posting solid gains in the previous month. The mood is cautiously upbeat as traders return from the extended Thanksgiving weekend break, despite more trade tariifs threats from Trump over the weekend. This week is a busy week for economic data, with Friday's NFP a kay focus ahead of the December Fed meeting.

USD/JPY bears have gone to work over the past two weeks, holding a lower-high even as USD spiked last Friday. And then forcing a breakdown from the descending triangle formation to test below the 151.95 level.

The USD index defied the 3-day retracement that dared to defy its bullish trend and now appears on the cusp of a breakout. While this could signify EUR/USD dropping below 105, it may also equate to a bullish breakout on USD/JPY.

US stock indices are edging cautiously higher amid a quiet economic calendar and with attention on corporate earnings. Nvidia is set to report earnings after the close as the share price trades 200% higher YTD and will act as guidance over the health of the AI trade. Geopolitical tensions have calmed and Fed speakers could offer more clues on the Fed's path for rates.

US Dollar surged 6.9% off the yearly low with the Trump rally fueling a breakout of the 2023 consolidation pattern. Battle lines drawn on the weekly technical chart.

U.S. stocks are heading for a weaker at open after a thinly veiled nuclear threat from Russian President Vladimir Putin and as investors digest more corporate earnings. Putin has lowered the bar for a nuclear attack after US President Biden reportedly allowed US missiles to be fired deep into Russia. Risk off is dominating. Walmart is set to open 4% higher after upbeat results and guidance.

U.S. stocks are pointing to a mixed start Monday after losses in the previous week and as investors brace themselves for earnings from AI giant Nvidia on Wednesday and plenty of Fed speakers across the week. Last week, US stocks fell sharply after Fed Chair Powell warned that the Fed was in no rush to cut rates. Tesla drives higher, adding to last week's gains on optimism surrounding self-driving under Trump.

U.S. stocks fall as investors digest stronger-than-expected US retail sales and more hawkish comments from Federal Reserve chair Jerome Powell. Powell said the Fed was in no rush to cut rates due to the solid economy, resilient jobs market, and interest still holding above 2%. As if on cue, US retail sales came in stronger than expected.

The USD bullish rally continued to rage after Powell bluntly said that the Fed may not be in a hurry to cut rates, citing a strong labour market and a "remarkably strong" economy.

The USD rally is reminiscent of the one seen in July which, if to be repeated, could see it tag 108.29 over the next month. But already it appears to be ahead of schedule. USD/JPY looks set to make a break for 156 which seems within easy reach.

US stocks are edging lower after losses in the previous session as investors digest the latest US inflation data while looking ahead to more Fed speakers later today. US inflation was in line with forecasts, rising 0.2% MoM (2.6% YoY), while core inflation was also as expected, rising 0.3% MoM (3.3% YoY). The data supports a December rate cut.