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Pound Tumbles amid Growing Brexit Uncertainty Pound Tumbles amid Growing Brexit Uncertainty

December 11, 2018
The British pound declined against major currencies following the latest Brexit developments. Prime Minister Theresa May postponed a parliamentary vote on her proposed Brexit deal which was supposed to take place today.

Dollar Drops on Soft Jobs Data and Monetary Policy Outlook Dollar Drops on Soft Jobs Data and Monetary Policy Outlook

December 10, 2018
The dollar index which measures the greenback against a basket of major currencies dropped to a low of 96.36, the lowest since November 22nd, weighed down by weaker-than-anticipated jobs report.

Dollar Falters as Yields Drop, Jobs Data Eyed Dollar Falters as Yields Drop, Jobs Data Eyed

December 7, 2018
The dollar index which measures the greenback against a basket of major currencies fell 0.3% to 96.77 on expectations that the Fed could pause the interest rate hikes in 2019. The latest developments in the bond market, especially the inversion of the yield curve, warned investors about a possible economic slowdown.

US Stock Futures Fall on Growth Concerns, Dollar Inches Higher US Stock Futures Fall on Growth Concerns, Dollar Inches Higher

December 6, 2018
Major US stock futures resumed trading with a gap lower amid concerns over growth. The recent developments in the US bond market signals that a slowdown could be ahead. The 2-year yields surpassed the 5-year yields for the first time since 2007, and the difference between the 2-year yields and the 10-years yields narrowed to the lowest since 2007.

Dollar Index Rebounds from a two-week low on Safe Haven Demand Dollar Index Rebounds from a two-week low on Safe Haven Demand

December 5, 2018
Major US indices finished sharply lower, weighed down by the recent bond market developments which hint to a possible economic slowdown. Moreover, the woes of a failure of reaching a trade deal between China and the United States pressured investors' sentiment.

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