The US dollar is gaining pretty across the majors board. CAD is taking it especially hard with oil prices dropping away also:
Oil price is getting hitting lower.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- RBC sees S&P 500 at 7,100 in 2026, raises 2025 target but warns of volatility
- New Zealand data: August Food Price Index +0.3% m/m (prior +0.7%)
- Trump is on board with the call to ditch quarterly reporting for US listed companies
- FOMC preview: Dollar may briefly rise after Fed cut, but jobs weakness keeps downside risk
- FOMC preview: Powell to push back on market rate-cut hopes, disappointment for doves
- Deutsche Bank says ECB at terminal rate, expects next move to be hike in late 2026
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