U.S. Economy

U.S. 10y treasury yields are getting closer to 3% – a level not seen since late 2018.

The GBP to USD exchange rate rose to 1.3040 after U.S. core CPI inflation rose 0.3% month-on-month in March, down on the 0.5% printed in February and underwhelming against the 0.5% the market was looking for.

Forecasters remain confident that inflation is still likely to begin falling around Spring time.

The Dollar jumped on the release of U.S. inflation data that came in stronger than expected.

The Dollar jumped against the Pound and Euro after the U.S. reported 467K jobs were created in January.

The Pound to Dollar exchange rate pushed to its highest level since November 04 after the U.S. Dollar extended a run of losses following the release of U.S. inflation data.

The U.S. Dollar looks set to lose further value to the Pound in the wake of a below-consensus U.S. jobs report according to an analyst we follow.

“The inflation data will be even worse by the time asset purchases end in March.”

The Dollar pushed higher against the Euro, Pound and all other major currencies in the wake of the release of U.S. inflation data that showed prices were rising at rates last seen in the early 1990s.

USD in broad losses after Q3 GDP misses expectations and consumer spending eases from extraordinary Q2 level.

The "Dollar stays warm as inflation runs hotter," is the verdict of one foreign exchange analyst following the release of U.S. inflation numbers for September.

A surprise rise in Americans signing on for jobless benefits has triggered a bout of Dollar weakness.

The Euro-to-Dollar exchange rate rose following the release of U.S. inflation data that came in below investor expectations.

The British Pound advanced against the Dollar but locked horns against the Euro following the release of some underwhelming U.S. jobs numbers.

The Pound-to-Dollar exchange rate advanced to 1.3785 in the wake of underwhelming U.S. data which eases pressure on the U.S. Federal Reserve to announce an imminent withdrawal of monetary stimulus.

When the U.S. Dollar is not benefiting from strong U.S. data it is benefiting from safe haven demand when market sentiment sours, creating something of a win-win environment for the global reserve currency.

The U.S. Dollar found fresh bidding interest in the wake of a strong U.S. employment report for July although this strength was more evident against the Euro, suggesting a more robust Pound-to-Dollar exchange rate profile going forward.

“Compensation costs for private industry workers increased 3.1 percent over the year. In June 2020, the increase was 2.7 percent.”

“In the second quarter, government assistance payments in the form of loans to businesses and grants to state and local governments increased, while social benefits to households, such as the direct economic impact payments, declined.”

The Dollar was up sharply against major peers following the release of U.S. inflation numbers that were significantly stronger than expected.