It's the tax cut, by extension skyrocketing debt and interest payments, stupid. The credit rating agencies already so ready to downgrade the US government's credit worthiness again.

One former Fed governor is worried that no one is worried about the strong economy

It's the tax cut, stupid.

Dollar Bears Tighten Their Grip

The persistent pattern is that every time there is news that it supposedly good for the USD (increasing the odds of a hike), the USD drops. It's related to the tax reform. How is the US going to finance its debts when the interest rates creep up and ...

US Consumer Price Index - December 2017

This is part of the reason I see the US dollar (or DXY) much lower than it is today in the future (within a year or two). The future FED hikes are already largely priced in but there is no other reason to keep the dollar propped up. Central banks of ...

The lousy performance of the US dollar following Fed rate hikes, in one chart

That's where you're wrong. All pairs act according to one of the basic tenants of economics - relationship between supply and demand. Fundamentals are just a curtain layered over it precisely because a lot of retail traders get steamrolled over when ...

Canada increasingly convinced President Trump will shortly announce U.S. is pulling out of...

Or sell those materials with new trade partners. USA loses out either way.

Canadian dollar slides as NAFTA worries dent rate hike bets

It's Trump's attempt at following his "Art of the Deal".

Canadian dollar slides as NAFTA worries dent rate hike bets

You're the one who doesn't get it. Oil doesn't need to reach $100 for that to happen. The flight from the US dollar to markets where they begin to reduce bond buying accommodation (like Japan and Europe) is all that is needed. When that happens, US ...

Canada increasingly convinced President Trump will shortly announce U.S. is pulling out of...

And then UC drops soon. China is considering stopping (or at least reduce) buying US treasuries. Couple this with an increasingly cautious FED.

Canada increasingly convinced President Trump will shortly announce U.S. is pulling out of...

What happened to your smug wisdom that the CAD being strongly inversely correlated to oil, huh? Consider yourself educated.

Could USD/CAD stage a surprise comeback?

So rich it's not even called being rich... he's the god of money! :-D

Jeff Bezos is the richest person in history

Uh oh.

Fed's Rosengren: Costs of short-term rates returning to zero should cause reassessment of...

You've jumped the gun.... again. I said "tightly" tied as in being -1.00 correlated or near to it. The chart you kindly provided proves my point precisely. Look at the recent weeks... do they look like they're very inversely correlated? You can ...

Canada Business Outlook Survey - Winter 2017–18

There is no substantive reason for oil to drop, at least by a significant amount. The worldwide oil supply is steadily shrinking relative to demand. The only way for oil to drop if OPEC for some reason decided to float the oil prices by removing the ...

Canada Business Outlook Survey - Winter 2017–18

You have to remember CAD is no longer tightly tied to the price of oil. The oil extraction sector in Canada is now a smaller portion of the total economy.

Canada Business Outlook Survey - Winter 2017–18

SELL SELL SELL!!! (Psst, I'm short the dollar so pretty please do me this favor...)

White House Doesn't See Need for Faster Fed Hikes Due to Tax Cut

They've been wrong sometimes, so therefore they may be wrong this time around as well.

Technicals Warn of Coming Dollar Bounce

Looking back, it does seem like USD drops every time the FED hikes. Think it of this way - every time the FED hikes by 0.25 basis points, the US government has to allocate many billions of dollars away from discretionary budget toward interest ...

Bank of Canada interest-rate-hike expectations for January soar after jobs data

LOL Try looking at the opposite direction.

The US Employment Situation - December 2017