February 2018

Currency Report

The dollar Broad Index posted a reading of 94.35 on February 2nd, its lowest point since June 2015. Over the past 12 months, the dollar broad index has ranged between 94.35, (today) and 101.88, (February 2017). On a twelve moving average, (12MMA) year on year, (y/y) comparison, the dollar was down 8.6% against the Broad [...]

January 2018

Consumer Confidence

Consumer confidence increased in January as the Conference Board Consumer Confidence Composite Index rose by 2.3 points to 125.4, following a decline in December. On a three month moving average, (3MMA) the composite index measured 125.7, up 0.3 point month on month (m/m). On a year over year comparison, the 3MMA composite index was up [...]

Consumer Credit

Total consumer credit increased by $28.0 billion, (B) in November, well above the consensus estimate of $19.5B. The increase was far higher than the $20.5B increase in October and the largest increase since November 2001. This makes three months in row that total credit has surpassed analyst’s projections. Non-revolving credit advanced by $16.8B while revolving [...]

Employment by Industry

The economy created 148,000 jobs in December, much lower than the year to date monthly average of 171,000. The total number of seasonally adjusted (SA), non-farm people employed in the U.S. in December was 147.380 million (M), an increase of 0.10% month on month, (m/m). Over the past 12 months the U.S. economy has added [...]

Currency Report

The monthly dollar Broad Index ended December at 96.68. The trading range over the year was between 95.16 (September) and 103.09, (January 2017) over the past 12 months. At 96.68, the dollar Broad Index is down a couple of points from to its year-to-date average of 98.43. The Federal Reserve’s December ¼ point rate hike [...]

December 2017