Filip Lagaart



Articles by Filip Lagaart

US Dollar tries to keep gains for a fourth straight day despite flat CPI

The US Dollar sees earlier gains cut in half after inflation for November falls in line of expectations.
Traders boost bets for a last rate cut next week from the Fed.
The US Dollar Index (DXY) is trading around 106.50 and fails to jump higher. 
The US Dollar (USD) is holding on to minor gains on Wednesday after the US Consumer Price Index (CPI) came broadly in line of expectations. No real outliers with the Monthly Headline Inflation coming in at 0.3% while the monthly Core Inflation measure ticked up by 0.3% as well. Immediately after the numbers, the Greenback eased and bets for a december rate cut increased. 

All US data for this Wednesday are out of the way. Main focus will now shift to Thursday with the US Producer Price Index and the lighter Import/Export

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US Dollar rallies on Trump tariff threats against BRICS, French political turmoil

The US Dollar has kicked off this week on the front foot after Donald Trump slapped BRICS with tariff.
Focus shifts to Paris where this Monday, during European trading hours, French parliament is set to convene ahead of a vote for no-cofidence. 
The US Dollar Index spikes back above 106.00, though it faces a key level ahead at 106.52.
The US Dollar (USD) is rallying higher on Monday driven by two main drivers. First element is Donald Trump’s promise to impose tariffs on BRICS countries if they stop using the USD. The second amin driver is the increasing French political turmoil, which is weighing on the Euro (EUR).

In a post on Saturday, the US President-elect said he would impose a 100% tariff on the BRICS if the group decides to move away from trading using the

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US Dollar rallies on Wednesday with US yields surging higher

The US Dollar rolls through markets and strengthens against most major G20 currencies.
US equities are falling further while markets calibrate the new normal for the Fed interest-rate outlook. 
The US Dollar index adds even more gains to its October rally and trades in a crucial technical area. 
The US Dollar (USD) speeds up its rally this Wednesday just ahead of the US Opening Bell, fueled by uncertainty ahead of the US presidential election and safe-haven inflow after equities extend their downbeat performance. Meanwhile, US bonds are continuing to sell off, which means US rates are surging with the US 10-year benchmark having rallied from 4.07% on Monday to 4.23% on Wednesday. The King Dollar is back on the scene and might even accelerate further as uncertainty

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US Dollar set to post third consecutive week in red as dust from Fed meeting settles

The US Dollar consolidates on Friday after weakening further on Thursday..
Traders have repriced the US Dollar amidst the Bank of Japan and Bank of England’s decisions to keep rates on hold. 
The US Dollar Index falls outside its tight bandwidth, a sign that could dive lower next week. 
The US Dollar (USD) trades broadly steady on Friday after Thursday’s sharp decline, when traders revalued the Greenback after the US Federal Reserve (Fed) joined the European Central Bank (ECB) and several others by starting its interest-rate cutting cycle. Quite a different picture comes from the Bank of England (BoE) and the Bank of Japan (BoJ), which decided to keep interest rates steady, causing the US Dollar to struggle against the British Pound (GBP) and the Japanese Yen

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US Dollar set for second day of gains while volatility declines and market woes fade

The US Dollar recovers for a second day in a row this week. 
The BoJ dropped mixed messages on its monetary policy. 
The US Dollar index pops above 103.00 and rallies higher on Wednesday. 
The US Dollar (USD) recovers as all asset classes start to head back to more normal levels. Equities are behaving quite well and are stable, volatility is easing, and safe havens such as Japanese Yen (JPY) and Swiss Franc (CHF) are easing further against the Greenback. The Japanese Yen, sinking over 1.5% against the US Dollar, is the biggest contributor to the recovery of the US Dollar Index (DXY). 

On the economic front, there is a very light day ahead, which should be beneficial for markets to continue the recovery path. In the interest rate space, the 10-year Note auction from

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