Page 14 - Adam Button News Today

Taiwan should be ruled a currency manipulator according to US rules but the geopolitical situation with China is likely to trump these concerns. Read more…

The Japanese currency continues to slide as traders anticipate interest-rate movement in the US, but even the Feds hawkish tilt does not guarantee that this direction of travel will be sustained.

Adam Button has been a currency analyst at Intermarket Strategy since 2012. He is also the CEO and a currency analyst at ForexLive. Adam was previousl

The dollar was slightly weaker on Wednesday as investors focused on a European Central Bank meeting and the upcoming U.S. consumer price index report to gauge the current pace of the economic recovery.

4 Min Read NEW YORK (Reuters) - The dollar was little changed and off session lows on Wednesday as investors focused on a European Central Bank meeting and the upcoming U.S. consumer price index report to help gauge the current pace of the economic recovery. FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration Both are due Thursday, and investors have adopted a wait-and-see attitude, leaving major currencies mostly range-bound recen...

investors weighed U.S. and Canadian employment data, with the currency recovering from its weakest intraday level in more than one week. greenback, or 82.82 U.S. cents, having recovered from its weakest level since May 27 at 1.2133 earlier in the session. It was nearly unchanged for the week. Canada lost 68,000 jobs in May, a bigger decline than expected, as lockdowns imposed to curb a harsh third wave of COVID-19 continued to weigh on the economy, Statistics Canada data showed. it looks and ...

Sceptics may express concern about the disconnect between commodity prices and the value of commodity-linked currencies, but analysts reckon there is still value in the likes of the Mexican peso, Brazilian real and Australian dollar Under normal circumstances there is a strong correlation between the price of commodities and the strength of a commodity-linked currency. As we have previously reported, when crude oil prices weakened in late 2018 the Australian and Canadian dollars both experience...

GMT The USD is the strongest and the NZD is the weakest as NA traders enter for the day Technical Analysis Stocks are getting hammered in pre-market trading As the North American session gets underway, the USD is the strongest, the NZD is the weakest of the major currencies.  US stocks are sharply lower as traders await the Fed minutes. Back when the Fed decision was imminent, Adam Button posted "This is probably a rare FOMC meeting where the minutes matter more than the statement". Todays t...

He said: "It will continue for a little while. Because even with all of the openings, there still will be a lot of people who dont necessarily feel 100% comfortable going out. And they might just stick to smaller family barbecues to see people."  Fergus Fitzgerald, head brewer at Southwold-based Adnams, said the brewery had been taken aback by the success of the first reopening and is now catching up. Fergus Fitzgerald, Adnams head brewer - Credit: Adnams "Its been very busy building stock ba...

U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.66% to hit a new all time high, while the S&P 500 index climbed 0.74%, and the NASDAQ Composite index gained 0.88%. Please share this article - Go to very top of page, right hand side, for social media buttons. The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYS...