Economic Cheat Sheet: February 13, 2017

Last Week: There was very little incremental economic data last week, and what reports did come met expectations and importantly did nothing to change the perception that economic activity is legitimately accelerating—a perception that continues to support stocks broadly. From a domestic data viewpoint, there isn’t a lot to talk about. Jobless claims continued to[…]

dollar futures

Dollary Futures: “Trump-Off Trade” Leads Dollar to Test Key Support

The dollar index fell into a key support level yesterday as the market remained in “Trump-Off” mode. If support just above 100 is violated, dollar index futures could quickly fall back to the uptrend line pictured above, near 98.00 Donald Trump and British PM Teresa May were the two major influences on the currency markets[…]