USD Tag

Bad News is Good News on Payroll Friday

03 Jul, by Bryce Coward, CFA in Economy, Markets

All eyes will be on the payroll report on Friday for clues about what it means for the Fed's next move. Indeed, the payroll report will be the most important US economic data point between now and the Fed's next meeting at the end of...

Taxes, Balance of Payments and the USD Paradox

15 Dec, by Bryce Coward, CFA in Economy, Markets

Investors were finally treated yesterday to some of the most important compromise provisions to come out of the House-Senate conference on the Tax Cuts and Jobs Act. Among them were: 21% corporate rate Reduction of the top wage rate to 37% 20% deduction on pass-through...

One (more) Reason to Expect the USD to Continue to Fall

18 Jul, by Bryce Coward, CFA in Economy

The USD is weak again today and plunging lows not seen for 15 months. The "obvious" reasons for the USD weakness include converging foreign economic activity, more hawkish foreign monetary policies, and a general overvaluation of USD. All of those reasons we outlined here. Yet,...

Revisions Have Improved But Can It Last?

24 Apr, by Knowledge Leaders Team in Markets, News

The percent of stocks in the MSCI World Index that have had positive EPS revisions compared to six months ago currently stands at 45%. Over the past 7+ years, the average level of this statistic is 56%....

Charting The Winners And Losers Of The Latest Surge In The USD

13 Mar, by Knowledge Leaders Team in Markets

On March 4th we wrote in The Dollar Is Breaking Out Again And What It Means For Stocks that ”for a variety of cyclical and structural reasons…stocks in North America tend to be the relative beneficiary of USD strength while stocks in other regions generally, but not...

The Dollar Is Breaking Out Again And What That Means For Stocks

04 Mar, by Knowledge Leaders Team in Markets

The ICE US dollar index looks to have broken out of what has been a rather short-lived consolidation after the massive move since the middle of 2014. If this is in fact the start of another round of dollar strength, then stock investors should carefully...