Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World
Global
Americas
United States
Canada
Mexico
Europe
Euro Area
United Kingdom
Asia Pacific
China
Japan
Australia

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Analysis
Blog
Views
Calendar

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

20 Aug 2024

20 Aug 2024

USD doldrums

• Mixed markets. Equities slip back, while bond yields & the USD lose ground. EUR above ~$1.11 for first time this year. AUD at ~1-month high.• Global events. JPY also stronger. BoJ research papers keep door open to more hikes. Canadian inflation slows & Sweden’s Riksbank cuts rates again.• US data. Annual US payrolls revisions due tonight. Downward revisions look likely. PMIs (Thurs) & Fed Chair Powell’s speech (Fri) the main events. Mixed, albeit modest moves, across asset markets overnight. After a stellar run equities paused for breath with the US S&P500 slipping back (-0.2%), its first fall in 9...

Read More Read More
20 Aug 2024

Dollar Selloff Resumes Ahead of Jackson Hole

A selloff in the dollar is intensifying this morning as investors grow more confident in a clear easing signal from Chair Jerome Powell at the Federal Reserve’s Jackson Hole economic symposium later this week. The greenback is holding near a three-week low, almost erasing its year-to-date gains, Treasury yields are ratcheting lower, equity indices are climbing, and volatility assumptions are coming down as a tide of optimism washes over global markets. The euro is trading near its highest levels this year as investors turn more cautious on the European Central Bank’s rate cutting path. Measures of underlying inflation slowed only...

Read More Read More

About

Contact

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.