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U.S. Dollar Rises on Retail Sales Data – Pound Near Two-years Low
Published on 2019-07-17 07:54
The U.S. dollar rose on Wednesday on the back of the release of strong retail sales data, while the pound traded near two-years low on Brexit concerns.
U.S. Dollar Near Flat – UK employment data and US Retail Sales Ahead
Published on 2019-07-16 08:22
Forex was lacking a catalyst and the dollar was able to breath higher in yesterday’s session, while US markets were somewhat enthused by earnings season, with Citigroup performing and beating analyst's expectations.
US Dollar remains on the Back Foot – A light Economic Calendar Ahead
Published on 2019-07-15 08:59
FX today experienced witnessed mixed market sentiment this start of the week, with traders cautious amid heightening geopolitical tensions and US Dollar weakness as it takes its clues from recently dovish Fedspeak. Feds gave rise to expectations of easy money from the US central bank on the back of future rate cuts.
US Dollar on the Back Foot – Eurozone data eyed
Published on 2019-07-12 08:02
A sense of calm prevailed in the market, with most majors extending their recovery mode amid fresh US dollar weakness across the board. The Asian traders continue to weigh in the dovish Fed Chair Powell’s testimony and shrugged off upbeat US inflation data.
U.S. Dollar USD extends Powell-led slide – Eyes on US CPI and Fedspeak
Published on 2019-07-11 08:33
he US dollar has extended its losses after Fed Chair Jerome Powell opened the door to cutting rates. He said that the outlook has dimmed as trade and global uncertainties weigh, weak inflation may become persistent, and even the labour market cannot be labelled as "hot." Powell testifies again today.
U.S. Dollar Steadies – Focus on UK data and Powell’s testimony
Published on 2019-07-10 08:41
Cautious optimism was the underlying theme in Wednesday’s trading leading into Fed Chair Powell's testimony, with a broadly firmer US dollar underpinned by higher Treasury yields amid improved risk tones. Meanwhile, markets weighed in the ongoing US-China trade talks and escalating Japan-South Korea trade tensions.
U.S. Dollar Flat Ahead of Powell’s Speech – US JOLTS Job Openings Ahead
Published on 2019-07-09 09:26
The US dollar held its upside momentum and clung onto two-week highs vs. its main competitors so far this Tuesday, as the renewed trade concerns over the US-Mexico steel tariffs and Japan-South Korea export curbs dented the risk sentiment
U.S. Dollar Slips After Rising to Near Three-Week High – German data eyed
Published on 2019-07-08 08:52
Softer risk tones prevailed across the financial markets on Monday, as the Asian equity markets slipped on decreased odds of aggressive Fed rate cuts following the Non-Farm Payrolls surprise last Friday.
All eyes on June’s Non-Farm Payrolls, US-China trade talks and Iranian geopolitical tensions
Published on 2019-07-05 07:44
Forex today witnessed a quite affair on the final trading day of this week, as a sense of caution prevailed ahead of the highly influential US labour market report
Euro on the Defensive – No Major Data Ahead – US Independence Day holiday
Published on 2019-07-04 09:44
Currencies are trading in a narrow range despite Trump's comments and amid the US Independence Day holiday