News

The euro has whittled out across-the-board gains, which has seen, for instance, seen EUR-USD print a four-month high at 1.2245, EUR-JPY a 37-month high, EUR-GBP a two-day peak, and EUR-AUD a three-month high. There has been no specific catalyst, though market commentaries have for some time been recognizing the rapid improvement in the Covid situation […]

The dollar lifted out of lows as risk appetite soured in global asset markets, while the dollar bloc and other cyclical currencies wobbled. A side theme was provided by the euro, which managed to whittle out across-the-board gains, which saw EUR-USD print a four-month high at 1.2245, EUR-JPY a 37-month high, EUR-GBP a two-day peak, […]

After advancing modestly in London morning trade, the Dollar pulled back through the N.Y. morning session. Overnight, the DXY matched the three-month low of 89.69 seen on Tuesday, later topping at 90.04, then slipping to 89.76 at mid-morning.

The dollar has tracked lower, which shouldn’t be too surprising given the prevailing buy-in of the Fed’s transitory narrative on inflation alongside the fact that the U.S. inflation rate is markedly higher versus peers, which imparts (all else equal) a weakening dynamic on the nominal value of the greenback. The DXY USD index breached the […]

The dollar has tracked lower, which shouldn’t be too surprising given the prevailing buy-in of the Fed’s transitory narrative on inflation alongside the fact that the U.S. inflation rate is markedly higher versus peers, which imparts (all else equal) a weakening dynamic on the nominal value of the greenback. The DXY USD index breached the […]

The Dollar was broadly lower in N.Y. on Tuesday, leaving the DXY near three-month lows of 89.69. Stalling Treasury yield rises have dented USD sentiment this week, following the spike up seen last week following hot U.S. prices data. The rise in rates, saw the Greenback head higher as well. Data today saw housing starts […]