The Dollar slipped some in early trade, seeing the DXY bottom at 91.51 from overnight highs of 91.90. The USD later bounced some, after most major currencies hit one-week lows versus the Greenback. Incoming data saw mixed Markit PMIs, and a weaker new home sales outcome, the latter of which, took the USD to its […]
The dollar majors have been seeing narrow ranges, as have global equity markets. The consensus view remains for ongoing robust recovery for North America and Europe, and many other major global economies. The uncertainty remains over the timing and extent of monetary policy stimulus reduction. Data releases today, including the German Ifo and French business […]
The dollar majors have been seeing narrow ranges. The consensus view remains for ongoing robust recovery for North America and Europe, and many other major global economies. The uncertainty remains over the timing and extent of monetary policy stimulus reduction. Incoming data releases are, overall, collectively affirming that activity is bouncing back strongly. The German […]