US MBA: REFINANCINGS AT 41.4% OF TOTAL MORTGAGE APPLICATIONS IN JUNE 26 WEEK VS 41.5% IN PRIOR WEEK
US MBA: REFINANCINGS AT 41.4% OF TOTAL MORTGAGE APPLICATIONS IN JUNE 26 WEEK VS 41.5% IN PRIOR WEEK
US MBA: REFINANCINGS AT 41.4% OF TOTAL MORTGAGE APPLICATIONS IN JUNE 26 WEEK VS 41.5% IN PRIOR WEEK
US MORTGAGE BANKERS ASSN MORTGAGE APPLICATIONS INDEX UNCHANGED IN JUNE 26 WEEK; +7.7% VS 4 WEEKS AGO; +5.7% VS 1 YEAR AGO
By Amanda CooperThe dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen FX_IDC:USDJPY, well above l…
U.S. Treasury yields and the dollar rise in European trade, helped by U.S. rate-hike expectations but also likely by position adjustments as a new quarter gets underway. Recent solid U.S. data maintain expectations that the Federal Reserve will raise interest rates. "The dollar has pushed higher ag…
US CHALLENGER HIRING PLANS YEAR-TO-DATE 82,932 IN 2026 VS 91,405 IN 2025 YEAR-TO-DATE
US CHALLENGER LARGEST NUMBER OF HIRING PLANS FOR JUNE 3,300 IN ENTERTAINMENT/LEISURE
US CHALLENGER HIRING PLANS -44.0% AT 10,933 IN JUNE VS 19,536 IN MAY; -42.7% FROM JUNE 2025
US CHALLENGER: HIRING PLANS 10,933 IN JUNE, DOWN 44% FROM 19,536 IN MAY, UP FROM 3,191 IN YEAR AGO MONTH
US CHALLENGER JOB CUTS FOR JUNE LED BY 15,503 IN TECHNOLOGY
US CHALLENGER: LAYOFFS 443,604 YEAR TO DATE IN JUNE 2026, DOWN 40% FROM YEAR-AGO PERIOD
US CHALLENGER JOB CUTS YEAR-TO-DATE 443,704 IN 2026 VS 744,308 IN 2025 YEAR-TO-DATE
US CHALLENGER JOB CUTS -52.7% AT 45,840 IN JUNE VS 97,006 IN MAY; -4.5% FROM JUNE 2025
US CHALLENGER LAYOFFS 45,849 IN JUNE, DOWN 53% FROM MAY, DOWN 4% FROM YEAR AGO MONTH, LOWEST SINCE DEC. 2025
The dollar should remain firm if Federal Reserve Chair Kevin Warsh focuses on price stability when he speaks at the European Central Bank's forum in Sintra, Portugal, at 1300 GMT, ING's Chris Turner says in a note. In his first Fed meeting as chair in June he emphasized the need to bring inflation…
By Rae Wee and Amanda CooperThe dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen FX_IDC:USDJPY…
The path of least resistance for the dollar/yen pair remains higher, says Carol Kong, currency strategist a the Commonwealth Bank. Despite the pair trading near multi-decade highs, another round of FX intervention doesn't appear imminent, she adds. The latest warnings from Japanese officials have b…
The immediate outlook for the dollar-yen pair is for its grind higher to continue, with currently nothing to detract from attractiveness of the short-yen carry trade, even after adjusting for volatility, says Ray Attrill, head of FX strategy at National Australia Bank. But it will be a grind, given…
By Rae WeeThe dollar climbed after a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an imminent Federal Reserve rate hike.The dollar rose to a fresh top of 162.84 yen FX_IDC:USDJPY in the Asia…
DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 1, 2026In-Town PoolTV Corr & Crew: ABCSecondary TV Corr: NewsmaxPhotos: AP, AFP, NYT, Reuters, GettyPrint: Christian Science MonitorSecondary Print: RealClearPoliticsRadio: ABCNew Media: Gateway PunditOut-of-Town Travel PoolTV Corr & Crew: ABCPho…
China's yuan weakened against a rebounding dollar on Wednesday despite the central bank setting a strong guidance rate, amid growing concerns over China's economic health.Onshore yuan FX_IDC:USDCNY changed hands at 6.7922 per dollar at 2:37 GMT, roughly 0.05% weaker than the previous day's close.Th…