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The Dollar rallied in N.Y. on Friday, with gains coming early following comments from the Fed’s Bullard, who said we are experiencing “…more inflation than we were expecting.” He added “I think it’s natural that we’ve tilted a little bit more hawkish here to contain inflationary pressures.” Treasury yields shot up on the comments, taking […]

The Dollar for the most part continued its post-FOMC rally, taking the DXY to two-month highs of 92.01. Ahead of the Fed on Wednesday, the index was trading at 90.54. The prospects of more interest rate hikes sooner, along with ramped up growth and inflation forecasts, should keep the USD underpinned for now. Incoming data […]

The dollar has settled to a consolidation of its post-Fed announcement gains. The narrow trade-weighted DXY dollar index is up 1.6% on the week and is currently plying a narrow range just below the two-month high that was printed yesterday at 92.01. EUR-USD has settled just above Thursday’s two-month low at 1.1891, and USD-JPY has […]

The dollar settled to a consolidation of its post-Fed announcement gains. The narrow trade-weighted DXY dollar index was off highs but still up 1.5% on the week, plying a narrow range below the two-month high that was printed yesterday at 92.01. EUR-USD settled back above 1.1900s after edging out a fresh two-month low at 1.1885, […]

The dollar has extended its post-Fed announcement advance. The DXY dollar index earlier printed a two-month high at 91.51, and is up by nearly 1.1% over the last day. EUR-USD has concurrently pegged a two-month low at 1.1961, while USD-JPY has hit an 11-week peak at 110.82. Cable has fallen to a six-week low at […]

The dollar has continued to ascend, extending its post-Fed announcement advance. The DXY dollar index printed a two-month high at 91.85, and is up by nearly 1.5% over the last day. EUR-USD concurrently pegged a two-month low at 1.1926, while USD-JPY hit an 11-week peak at 110.82. Cable fell to a six-week low at 1.3934 […]