Dollar Talking Points News Today

The Dollar is the principal pricing instrument for most global commodities, which has brought an unexpected curb to development for both gold and oil

There is plenty of event risk on tap next week to potentially fuel further activity including: inflation reports; 3Q GDP updates; the UK financial statement and consumer share earnings

The Japanese Yen remains under pressure against the US Dollar as investors await the US CPI print. Rising yields and a more aggressive Fed support the greenback.

The British Pound (GBP) has edged slightly higher as investors await the BoE and other major risk events

The British Pound (GBP) continues to decline against the greenback after hawkish Fed press boosts demand for the safe-haven Dollar

March ISM Manufacturing PMI Hits Highest Level Since 1983, USD Rotates Higher 2021-04-01 14:00:00 Izaac Brook, ISM Manufacturing & US Dollar Talking Points: ISM Manufacturing PMI for January prints at 64.7 versus forecast of 61.3. Print is strongly above expectations, headline PMI hits highest level since 1983. DXY has stepped back from four-month highs but remains around 93.00 level. Advertisement March ISM Manufacturing PMI Hits High...

February ISM Manufacturing PMI Hits a Pandemic High, USD Firm Above 91.00 2021-03-01 15:00:00 Izaac Brook, ISM Manufacturing & US Dollar Talking Points: ISM Manufacturing PMI for January prints at 60.8 versus forecast of 58.8 Print is slightly higher than December’s, setting a new pandemic high DXY strength continues following late February’s Treasury yields volatility Advertisement February ISM Manufacturing PMI Hits a Pandemic H...