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Greg Michalowski

Seeing some Friday volatility. USD moves higher. Stocks lower. Yields higher

The Michigan preliminary consumer confidence report through a monkeywrench into the markets. Inflation expectations with higher. The index was also higher. US stocks have rotated back to the downside.The USD is moving higher...

Major US indices build off of yesterday's reversal

<p>The major US indices are trading higher in early trading, continuing the advance seen yesterday which saw initially a sharp move lower that saw the S&P test the 50% of the range since...

USDCHF returns to a familiar place

The USDCHF raced higher after the better than expected CPI data. That took the pair to a new 2022 high and to the highest level going back to May 2010 (see daily chart...

USDCAD tests its 200 hour MA. Bounces. Trades between 100/200 hour MAs. What now?

The USDCAD USD/CAD The USD/CAD is...

US treasury auctions off $18 billion of 30 year bonds at a high yield of 3.93%

High yield 3.93%tail 1.0% vs. six-month average of -0.6 basis pointsbid to cover 2.39X vs 2.37X average over the last 6 auctionsDirects 18.65% vs 17.4% over the last 6 auctionsIndirects 69.1% vs 70.0%...

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