Trick or Trend: The dollar came back strong on Friday–Expect problems in the currency markets (especially the Yen) this week

Trick or Trend: The dollar came back strong on Friday–Expect problems in the currency markets (especially the Yen) this week

The dollar broke back STRONG on Friday with, for example, the Invesco DB U.S.Dollar Index Bullish Fund ETF (UUP) gaining 0.69% on the day after dropping 0.66% during the Thursday, October 13, stock rally. Looking at the overnight markets in Asia on Sunday, October 16, it looks like U.S. traders and investors can expect more dollar strength to begin this week. And this is starting to become a big enough problem that it’s adding volatility to the financial markets in general.

Trick or Trend: The dollar came back strong on Friday–Expect problems in the currency markets (especially the Yen) this week

Trick or trend: Anticipation of bigger interest rate increase from the Fed leads to a stronger dollar–add to dollar ETF UUP

In the last week, as odds have climbed of a 75-basis-point interest rate increase from the Federal Reserve at its September 22 meeting, the U.S. dollar has reversed its slide during the last two weeks of July.
Stands to reason. Higher U.S. interest rates make dollar-denominated assets, such as Treasuries, more attractive. More dollar buying, stronger dollar.

Notes You Need for February 22: oil inventories, MIC, U.S. dollar, Treasury auction, AMZN, PRGO, net neutrality

Notes You Need for February 22: oil inventories, MIC, U.S. dollar, Treasury auction, AMZN, PRGO, net neutrality

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post resembles this one from today: “1:40 p.m.: Amazon (AMZN) has launched its own Basic Care line of more than 60 over-the-counter health products. The products are produced by Perrigo )PRGO), a private-label healthcare manufacturer, for Amazon. Perrigo reports earnings on February 27. “

The debt ceiling crisis will strike sooner than expected thanks to tax cuts

The debt ceiling crisis will strike sooner than expected thanks to tax cuts

Next week would be a heavy lift for a Congress that functioned like a well-oiled machine. Pass a bill to fund the government. Reconcile Republican demands for more defense spending with Democratic demands for an equal increase in domestic programs. Strike an immigration deal that heads off deportation for 700,000 or more children of illegal immigrants. Find even $200 billion for infrastructure spending. And then there’s the little issue of the debt ceiling.

Notes You Need for February 22: oil inventories, MIC, U.S. dollar, Treasury auction, AMZN, PRGO, net neutrality

Notes You Need for January 17: China data, casino REITs, natural gas, target price increase for homebuilders, Bitcoin, MRK, U.S. dollar,

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical items resembles this from today: “4:20 p.m.: The U.S. Dollar Index gave up a morning gain to fall back to 90.32 before rallying again to close at 90.736, up 0.34 on the day. Some analysts think that the 90 level on the index might give support to the U.S. currency against other major currencies. Others think the dollar is on the verge of falling to a new thee-year low that could open the way to further declines.”