Stock Market & Investment News

The dollar has traded firmer today, reversing half or more than half of the declines seen yesterday versus its major peer currencies. This comes amid a cautious tone in global asset markets. Stock markets have stalled after the MSCI All Country World index scaled to a new record high yesterday. Oil prices and other industrial […]

The Dollar was a bit softer in N.Y. trade on Tuesday, though was rangebound for the most part. An early drop in Treasury yields, reportedly the result of a large short position being unwound, saw the 10-year yield drop to near 1.51% from 1.57%, which weighed on the USD. The timing coincided with the release […]

Narrow ranges have been prevailing among the dollar majors as key data and events loom. Tomorrow’s ECB meeting and U.S. CPI are keenly awaited by market participants, in addition to next week’s FOMC meeting. The DXY dollar index has settled nearly the 90.0 level, and has remained within the bounds of yesterday’s ranges, as have […]