The dollar has been trading with a firming bias, overall, posting fresh highs versus many currencies. The spate of cautious trading in world stock markets, due to concerns about the highly transmissible Delta variant’s spread in Asia and elsewhere, has revived some safe haven demand for the U.S. currency. Data out of Asia have been […]
The major currencies have been seeing narrow ranges for the most part so far in early week trading, with the pound being something of an exception in posting moderate gains. Cable rose above Friday’s high in making 1.3940, up from Friday’s closing levels near 1.3875. The UK currency also lifted above its Friday highs versus […]
The dollar majors have been seeing narrow ranges for the most part so far in early week trading, with the pound being something of an exception in posting moderate gains. Cable rose above Friday’s high in making 1.3940, up from Friday’s closing levels near 1.3875. The UK currency also lifted above its Friday highs versus […]
The dollar is softer in overall narrow ranges. EUR-USD has ticked back into the mid 1.1900s, and USD-JPY has drifted off yesterday’s 15-month high at 111.12. The pound has settled after rotating lower on the back of the BoE’s cautious messaging yesterday following its June policy review. Cable has edged back above 1.3900, above yesterday’s […]
The Dollar was mostly higher through the N.Y. session on Thursday, taking the DXY from opening lows of 91.66 to a late morning high of 91.91. Overall, USD sentiment remains on the fence for now, and we expect some further consolidation before expected strong U.S. economic activity in H@ lifts the Greenback further. Incoming data […]
The dollar is softer in overall narrow ranges. EUR-USD has ticked back into the mid 1.1900s, and USD-JPY has drifted off yesterday’s 15-month high at 111.12. The pound has settled after rotating lower on the back of the BoE’s cautious messaging yesterday following its June policy review. Cable has edged back to levels around 1.3900, […]
The Dollar slipped some in early trade, seeing the DXY bottom at 91.51 from overnight highs of 91.90. The USD later bounced some, after most major currencies hit one-week lows versus the Greenback. Incoming data saw mixed Markit PMIs, and a weaker new home sales outcome, the latter of which, took the USD to its […]
The dollar majors have been seeing narrow ranges, as have global equity markets. The consensus view remains for ongoing robust recovery for North America and Europe, and many other major global economies. The uncertainty remains over the timing and extent of monetary policy stimulus reduction. Data releases today, including the German Ifo and French business […]
The dollar majors have been seeing narrow ranges. The consensus view remains for ongoing robust recovery for North America and Europe, and many other major global economies. The uncertainty remains over the timing and extent of monetary policy stimulus reduction. Incoming data releases are, overall, collectively affirming that activity is bouncing back strongly. The German […]
The Dollar was largely rangebound in N.Y. on Tuesday, though ultimately headed slightly lower. The DXY topped at 92.13 early, later hitting a low of 89.76. Trade was light ahead of Fed Chair Powell’s testimony, though based on his published written remarks, he should not stray from his recent stance on employment and inflation. Incoming […]
The dollar sank back after rising moderately during the early part of the Asia-Pacific session. Other currencies showed some independent movement. The yen, for instance, weakened, which aided USD-JPY to a three-month high at 110.92 — 6 pips of 15-month high territory. At the same time, EUR-JPY posted a six-day high at 132.32, while the […]
The dollar sank back after rising moderately during the early part of the Asia-Pacific session. Other currencies showed some independent movement. The yen, for instance, weakened, which floated USD-JPY into 15-month high territory above 111.0, despite dollar declines versus other currencies. At the same time, EUR-JPY posted a six-day high at 132.70, while the likes […]