The Dollar majors have continued to ply mostly narrow ranges. EUR-USD has continued to gravitate around 1.1500, returning to this level after yesterday briefly breaking orbit and posting a seven-week low at 1.1432. Concerns about Italian budgetary prudence have continued to linger, although BTP yields have come off their highs today. USD-JPY has remained entrenched […]
The Dollar index fell to one-week lows of 95.38 in N.Y. on Wednesday, with losses coming on the back of a fairly hefty meltdown of risk appetite. Wall Street was crushed lower, and as Treasury yields pulled back some from trend highs. EUR-USD topped at 1.1545 after opening near 1.1490. Risk-sensitive USD-JPY took it on […]
OVERVIEW The Pound rose today as optimism grew over a Brexit deal being reached The Euro also gained strength as fears over Italy’s budget deficit were trumped by encouraging Brexit headlines The Canadian Dollar edged lower the USD today as oil prices fell and US Treasury yields hovered around multi-year highs. HIGHLIGHT The Pound reached […]
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