Core Viewpoint - The dollar increased to its highest level in over a week against a basket of currencies due to the Federal Reserve minutes indicating officials' reluctance to support further rate cuts in the near future [1] Group 1 - The dollar's rise reflects market reactions to the Federal Reserve's stance on interest rates [1] - The Fed minutes suggest a cautious approach towards monetary policy adjustments, impacting currency valuations [1]

🔥 JUST IN: Bitcoin is printing bullish divergences against gold and the dollar while still failing to reclaim $90K, even as gold nears a $4.5K record and whales pile into shorts. https://t.co/gpUxePLQY3 ...

Uh probably the last really busy day of data of the year. Let's get to Rick Santelli with some industrial production. Hey Rick.Yes. Industrial production gas utilization. These are November numbers.We're expecting up onetenth of a percent for production comes in twice expectations up 2/10en of a percent. This would be the best industrial production since June of this year. And if we look at capacity utilization 75.9% is what we're looking for.76.0%. 0 is what arrived. That's the best since July of this year ...

The dollar was trading steady as investors looked ahead to a few U.S. economic data releases in a holiday-shortened trading week.Data on U.S. third-quarter economic growth and durable goods orders will be released Tuesday along with the Conference Board's consumer confidence survey.Liquidity looks set to be thin this week with many traders on a break for Christmas. U.S. stock and bond markets close early Wednesday and are closed Thursday for the Christmas holiday. ...

Cleveland Fed President Beth Hammack said, "I would prefer for the Fed to be on a slightly more restrictive stance to help continue to put pressure" on the inflation side of its mandate.Kansas City Fed President Jeff Schmid said he dissented against the FOMC's decision to cut interest rates on Wednesday and prefers to keep policy "modestly restrictive" because inflation remains too high and the economy continues to show momentum.Chicago Fed President Austan Goolsbee, who voted against a Fed rate cut on Wedn ...

Group 1 - The dollar index rose by +0.17% after recovering from a 5-week low, driven by a drop in US weekly initial unemployment claims to a 3-year low, indicating a stronger labor market [1][4] - The dollar initially fell due to a rally in the yen and expectations of a Fed interest rate cut at the upcoming FOMC meeting [2][5] - The markets are pricing in a 91% chance of a 25 basis point cut in the fed funds target range at the next FOMC meeting on December 9-10 [5] Group 2 - US November Challenger job cuts increased by +23.5% year-on-year to 71,321, which is the highest for November in three years, but lower than the expected +48.0% [4] - US weekly initial unemployment claims unexpectedly fell by -27,000 to a 3-year low of 191,000, contrasting with expectations of an increase to 220,000 [4] - US September factory orders rose by +0.2% month-on-month, slightly below the expected +0.3% [4] Group 3 - President Trump plans to announce his selection for the new Fed Chair in early 2026, with Kevin Hassett seen as a likely candidate, which could be bearish for the dollar due to his dovish stance [3] - Comments from ECB Executive Board member Cipollone indicated that the Eurozone economy remains resilient, with balanced risks around inflation [6]

If other countries can clean up their price tags, why not America? A “new dollar” would not make life cheaper, but it would make prices look less alarming https://t.co/1aHKRjmXMW ...

South Korea’s central bank chief said he is less concerned about the won approaching 1,500 per dollar than he is about young Koreans piling heavily into overseas stocks https://t.co/nnrKXBYNlT ...

Market Performance & Investment Strategy - Many asset classes performed well year-to-date, making it a good year for US investors, with even stronger performance for overseas investments [2] - The weakness of the dollar contributed to the strong performance of overseas investments, although the dollar has recovered somewhat recently [3] - Morningstar anticipates the dollar will likely underperform other global currencies heading into 2026, suggesting investors should maintain meaningful non-US exposure in their portfolios [5][6][7] AI & Technology Sector - The Morningstar US Market Index shows about 30% of the index has stocks linked to an AI-related trade [9] - Overvaluation is emerging in the tech and telecom sectors [10] - Despite aggregate overvaluation in the AI trade, some large companies like Nvidia and Alphabet are considered slightly undervalued by analysts [11][12] - Nvidia is rated four stars with a fair value of approximately 240 USD [11] Corporate Bonds & Financial Health - Bonds issued by large hyperscalers are in high demand due to their strong cash flow, and investors are confident in their ability to repay debts [15][16] - These bonds trade at a slight premium relative to treasuries, reflecting investor confidence [16] Federal Reserve & Market Outlook - A Federal Reserve rate cut is anticipated heading into next year, but valuation is considered the key factor defining the market [18] - The ability of companies with premium valuations to deliver promised growth will be crucial [18]

RT Mayne (@Tradermayne)Big spot for the $DXY here.I'm of the belief that we are due for a large deflationary rally on the dollar.Question is whether or not that low is already in. https://t.co/xHfU3XRfcl ...