USD performance

US Data Keeps Dollar on Edge Ahead of Key Releases

The US Dollar has been enjoying a renaissance of sorts this week with gains largely down to US data not being bad at all.

Looking at the data this week, the sales rate for US new homes spiked back to levels last seen in early 2022.

Germany’s Political Changes and the USD: A Shift in Market Sentimen

• Political changes in Germany have weighed on the USD... 
•  ...and so has the broader debate around US exceptionalism 
• We revise our forecasts but still expect a strong USD in the  longer run