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

EUR

30 Jun 2025

US dollar blues

• Pressure points. US equities hit another record high, while the USD remains under pressure. AUD has risen to the top of its multi-month range.• USD trends. USD index ~10.5% below where it started the year. Worst performance over the first half of a year since the early-70s.• Macro events. Eurozone CPI & ECB conference in focus tonight. Various US jobs indicators due over next few days. US ISM also released tonight. Global Trends Risk sentiment ended the month, and volatile quarter, on positive footing with the US S&P500 (+0.5%) hitting a fresh record high and cyclical currencies like the...

Read More Read More
29 Jun 2025

US jobs in focus

• Holding on. Pockets of volatility on Friday but on net US equities & bond yields rose. EUR continues to climb. AUD drifted a little lower.• US macro. Consumer spending fell. Some signs of tariff impacts on US inflation. Has the uncertainty flowed through to the US jobs market?• Event Radar. China PMIs today. Annual ECB conference & EZ inflation due this week. US jobs report scheduled (Thurs night AEST) ahead of US holiday. Global Trends Markets were whipsawed a little during Friday’s trade by a couple of tariff related developments and US economic releases. Risk sentiment temporarily soured a...

Read More Read More
27 Jun 2025

Markets Turn Cautious As US Consumer Spending Engine Slows

The Federal Reserve’s preferred inflation measure came in slightly hotter than expected in May—lending support to the central bank’s cautious approach—but personal spending levels missed forecasts, pointing to a more profound slowdown ahead. Data released by the Bureau of Economic Analysis this morning showed the core personal consumption expenditures index rising 0.2 percent from the prior month, topping market forecasts for a 0.1-percent increase. On a year-over-year basis, core price growth sped up to 2.7 percent, also exceeding economist estimates for a 2.6 percent advance, and the prior month’s increase was revised up to 2.5 percent. The overall personal consumption...

Read More Read More
26 Jun 2025

USD losing altitude

• US trends. Outlook for US rate cuts supported sentiment & exerted more pressure on the USD. AUD at the top of its multi-month range.• Macro forces. Patchy US growth & signs the labour market is loosening. Reports also indicate Pres. Trump may name the next Fed Chair early.• USD downtrend. Various factors continue to move against the USD. There will be bumps along the way but we see the USD weakening over time. Global Trends The de-escalation of the situation in the Middle East has seen investors quickly refocus their attention on US macro trends. The run of US...

Read More Read More
26 Jun 2025

“Shadow Fed Chair” Fears Drive Dollar Lower

The dollar is trading near a three-year low and Treasury yields are down across the curve after a report suggested that Donald Trump could appoint the next Federal Reserve chair early in an attempt to push interest rates in a more favourable direction. According to the Wall Street Journal, frustration with the central bank’s easing trajectory has led the president to consider naming a successor to Jerome Powell in the coming months, with Kevin Warsh, Christopher Waller, Kevin Hassett, Scott Bessent, and David Malpass all emerging as potential contenders for a role that would be expected to steer the central...

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.