Search Results for: USD

European Economic and Monetary Union (EMU) Inflows and EUR/USD European Economic and Monetary Union (EMU) inflows usually suggest a weaker U.S. dollar. Picture source: Morgan Stanley

Fed’s Broad USD and Cyclicals vs. Defensives This chart suggests that current equity market rotation weakends the U.S. dollar. Picture source: Morgan Stanley Research

Chinese Yuan (USD/CNY) and Tariffs Trade-sensitive Chinese yuan could move lower with tariffs headlines. Picture source: Wells Fargo Investment Institute

Core Inflation Difference (vs. U.S. core PCE) Leads EUR/USD This chart suggests that the core inflation difference (vs. U.S. core PCE) leads the EUR/USD by four months. Picture source: Nordea and Macrobond

Citi Economic Surprise Index vs. EUR/USD Weaker European growth relative to the U.S. could weaken Euro/U.S. Dollar. Picture source: Credit Suisse

China: Chinese Firms Reliance on USD-denominated Debt Chinese firms reliance on USD-denominated debt is lower than other emerging markets. But a weakened yuan would hurt Chinese firms. Picture source: Institute of International Finance

U.S. Dollar to China Yuan (USD/CNY) Leads Semiconductor Sales This chart suggests that the U.S. Dollar to China Yuan (USD/CNY) leads semiconductor sales by four months. Keep a close eye on USD/CNY. Picture source: Nordea and Macrobond

EUR/USD and 10-Year Rates Differential The chart shows the Euro vs. US Dollar (EUR/USD) and how a 10-year rates differential corresponds to a stronger or weaker US dollar. Picture source: Oxford Economics, Macrobond

Share of Market Value in Bloomberg Barclays USD IG Since 1990, the amount of BBB-rated bonds has doubled. This is only one step away from junk bonds.  Keep in mind that many investment grade investors own BBB-rated bonds, but they are not allowed to hold junk-rated bonds. So, any drop in the credit ratings could…

U.S./German 2-Year Yield Spread vs. U.S./Euro Foreign Exchange Rate This chart shows the Euro vs. US Dollar (EUR/USD) and how a wider U.S./German 2-year yield spread corresponds to a stronger US dollar. R² = 0.62 since 2005.