Morrison

Markets have a way of testing conviction, and right now the dollar is the instrument everyone thinks they know but no one really trusts. For months, the bias has been short dollar — a crowding that made sense while the Fed’s scalpel looked ready to carve out cuts. But then the data arrived like a su

The U.S. Federal Reserve's (Fed) decision to cut interest rates is a key factor impacting global economics and finance. Beyond just the Asian stock markets, there are other interesting news and topics you should follow, such as: Global Financial Market Impacts U.S. Dollar and Other Currencies: The F

The US Treasury Secretary and his Japanese counterpart have issued a joint statement reaffirming their commitment to refrain from 'manipulating FX to gain a competitive advantage', Commerzbank's FX analyst Michael Pfister notes. Yen has hardly reacted to the morning news "But why is this important?

Political crises in France and Japan have undermined the strength of the US dollar's main competitors, the euro and the yen. The resignations of the French and Japanese prime ministers and Paris's move towards parliamentary elections are temporarily allowing the dollar to forget about monetary polic

WTI depreciated due to weakening Oil demand in the United States.The International Energy Agency raised its forecast for global oil supply growth in 2025.Oil prices could rebound after Russia breaches Polish airspace and an Israeli strike on Hamas leaders in Doha. West Texas Intermediate (WTI) Oil p

USD/CAD may lose ground as the US Dollar could struggle as softer PPI boosts Fed easing prospects for September.Traders await August US Consumer Price Index data, which could increase odds for a bumper Fed rate cut next week.The Bank of Canada is widely expected to resume its easing cycle this month

The pound has traded within a fairly narrow range against the dollar so far this week, a trend that could potentially continue for the next few days, barring a big surprise in Thursday’s US CPI report. There are few economic data releases of note out of Britain either today or tomorrow, but markets