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The Greenback is Poised to Snap Losing Streak

April 15, 2026
The US dollar is enjoying a firmer bias today. The Dollar Index is threatening to snap a seven-day decline. President Trump has held out the possibility that the “war is close to over”. Yet the improved risk appetites in recent days reflects the market anticipating this. A new round of US-Iran negotiations could begin as early as tomorrow. Seeming…
The Greenback is Poised to Snap Losing Streak The Greenback is Poised to Snap Losing Streak Reviewed by Marc Chandler on April 15, 2026 Rating: 5
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Optimism Weighs on the Greenback

April 14, 2026
North American participants shrugged off the pessimism seen in Asia Pacific and Europe yesterday after the US-Iran negotiations broke down over the weekend. The optimism was contagious and reports that another round of negotiations are being contemplated during the ceasefire that expires next week. The dollar is broadly weaker. Global equities and…
Optimism Weighs on the Greenback Optimism Weighs on the Greenback Reviewed by Marc Chandler on April 14, 2026 Rating: 5
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Restrained Risk-Off

April 13, 2026
The collapse of US-Iran negotiations and the US threat to blockage Iranian ports presents an escalation in the conflict that the market’s did not anticipate. Equities and bonds are lower, and the dollar is mostly firmer. However, so far, the moves appear restrained. Iranian oil has largely been shipped to China and with the Trump-Xi meeting in a m…
Restrained Risk-Off Restrained Risk-Off Reviewed by Marc Chandler on April 13, 2026 Rating: 5
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Week Ahead: Hope Springs Eternal

April 11, 2026
Hope that the ceasefire will lead to the end of the Middle East war fanned risk appetites in recent days. Equities rallied broadly. May WTI and June Brent fell by nearly 11.5%. The dollar fell against all the G10 currencies, the Antipodeans and Scandis, which seem the most sensitive to growth prospects and the risk environment. The JP Morgan Emerg…
Week Ahead: Hope Springs Eternal Week Ahead: Hope Springs Eternal Reviewed by Marc Chandler on April 11, 2026 Rating: 5
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G10 Currency Consolidation Looks Constructive, but the Weekend Poses Risks

April 10, 2026
The dollar is mixed against the G10 currencies today, ahead of the March US CPI report. The dollar bloc and the Japanese yen are struggling. However, the tone is mostly consolidative. Equities were higher in the Asia Pacific region, with a few exceptions, and in Europe. Bond yields are firmer. Both WTI and Brent crude oil are trading with a slight…
G10 Currency Consolidation Looks Constructive, but the Weekend Poses Risks G10 Currency Consolidation Looks Constructive, but the Weekend Poses Risks Reviewed by Marc Chandler on April 10, 2026 Rating: 5
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Rough Start to Ceasefire Curbs Yesterday's Enthusiasm

April 09, 2026
It seemed clear that yesterday’s euphoric reaction to the two-week ceasefire was exaggerated. Ceasefires often have been plagued with disputes and violations at the start. This one is no different. At the same time, Israel’s action in Lebanon complicates the situation and there is some dispute whether it was covered by the ceasefire. President Tru…
Rough Start to Ceasefire Curbs Yesterday's Enthusiasm Rough Start to Ceasefire Curbs Yesterday's Enthusiasm Reviewed by Marc Chandler on April 09, 2026 Rating: 5
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Ceasefire Lifts Animal Spirits

April 08, 2026
Risk appetites have been excited by the two-week cease fire in the Middle East. Stocks and bonds have rallied strongly. The precious metals are higher. May WTI is off more than 15%. June Brent is about 13% lower. The US dollar is weaker against all the G10 and emerging market currencies that are trading. The ceasefire is overwhelming other develop…
Ceasefire Lifts Animal Spirits Ceasefire Lifts Animal Spirits Reviewed by Marc Chandler on April 08, 2026 Rating: 5
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