Both the Dollar and Yen have been trading softer today as both currencies see recently built up safe-haven premium erode, with stock markets in Asia rallying quite strongly today. The narrow trade-weighted USD index corrected about half of Friday’s gain, while EUR-USD settled toward 1.1250 after printing a three-week low on Friday at 1.1210. The […]
The Dollar has retained an underlying bid. EUR-USD declined for a fourth straight day, printing a three-week low at 1.1210. This puts a bit more space in from the seven-week peak that was seen last Wednesday at 1.1448, with the pair descending farther toward the the low point of the 1.1177-1.1570 range that’s been seen […]
OVERVIEW The Dollar Index turns negative after soft PCE reading GBP/USD buoyed by positive sentiment on the third vote on the Withdrawal deal NYMEX WTI is trading 2% higher, jumping above the $60 barrel.
After an early dip due to softer income and spending data, the Dollar rallied in N.Y. on Friday. Stronger housing and sentiment data later took the DXY to 97.28 highs from 97.01 lows. Yields firmed up with Wall Street, which posted moderate gains. EUR-USD topped at 1.1246, up from 1.1210 ahead of the open, later […]
The dollar has traded firmer against most currencies, driving EUR-USD to a fresh two-week low at 1.1234 while lifting USD-JPY from a four-session low at 110.02. USD-CAD lifted from sub 1.3400s levels towards yesterday’s peak at 1.3440. The dollar also posted fresh highs against most developing world currencies, paced by a 5% surge against the […]
OVERVIEW The Dollar Index remains firm despite new fears of a global recession GBP/USD trading in a tight range as a result of the ongoing Brexit saga NYMEX WTI is losing momentum, sliding below $60 barrel.
OVERVIEW The Dollar Index remains firm despite new fears of a global recession GBP/USD trading in a tight range as a result of the ongoing Brexit saga NYMEX WTI is losing momentum, sliding below $60 barrel. HIGHLIGHT
The Dollar was in rally mode in N.Y. on Thursday, despite the downwardly revised Q4 GDP report. The DXY rallied to nearly three-week highs of 97.30, coming from overnight lows of 96.93. EUR-USD fell to 1.1214, coming from near 1.1260 at the open. USD-JPY printed a one-week highs of 110.83 risk appetite remained supportive. USD-CAD […]
The dollar has traded softer so far today, albeit moderately so, while USD-JPY has been an exception in rising to an eight-day high at 110.92 amid a backdrop of rallying equity markets in Asia. AUD-JPY concurrently posted a thee-day high, while most other yen crosses were buoyant, although most remained off their highs from yesterday. […]
Most Dollar pairings have remained within Monday ranges so far, although the Australian and Canadian Dollars managed to eke out respective three- and two-session highs against the U.S. buck. This was seen amid a steadying in global stock markets, although sentiment remains fragile as investors continue to fathom the recent sharp dive in U.S. yields […]
The Dollar has put in a mixed performance so far today, posting fresh highs versus the Euro before ebbing back some, while losing ground to the Yen and Swiss Franc outperformers and gaining versus the underperforming Dollar bloc currencies. This came amid a backdrop of sputtering global stock markets. The phenomenon of the U.S. 3-month […]
OVERVIEW The Dollar Index remains steady as fear of yield curve inversion, and recession resurfaces GBP/USD trading within recent range as there are more indicative votes in the House of Commons NYMEX WTI stays above $60 barrel, supporting the Scandinavian currencies.