Stock Market & Investment News

The dollar has gained for a second day, which has been a rare feat over the last five weeks. This has come amid wider recognition that the disappointing headline readings of the April U.S. jobs report was down to temporary, supply-side issues — although sufficient to maintain the Fed’s prevailing commitment to ZIRP — and […]

The dollar has gained for a second day, which has been a rare feat over the last five weeks. This has come amid wider recognition that the disappointing headline readings of the April U.S. jobs report was down to temporary, supply-side issues — although sufficient to maintain the Fed’s prevailing commitment to ZIRP — and […]

The DXY dropped under the 90.00 mark for the first time since February 25, bottoming at 89.98 before bouncing slightly to 90.19 highs. The break under 90 appeared to have prompted some USD short covering, as major currencies all pulled back from their trend or near trend highs. Repositioning ahead of Wednesday’s key U.S. CPI […]