Share: Fed’s explicit pivot further reinforces OCBC Bank’s sell-on-rally view on the US Dollar. Dovish pivot sets the tone Given Fed’s pivot, the next leg of...
Share: The US Dollar gaps opened on Thursday after a big miss on the Richmond Manufacturing Index. Equity markets are steady while US bond markets are...
Share: USD/CAD discovers buying interest near 1.3200 despite a sell-off in the US Dollar. The Canadian Dollar has weakened due to a significant fall in the...
Share: Another day in an unusual week. During the Asian session, Japanese data is due, including Industrial Production and Retail Trade. The key report of the...
Share: The DXY Index fell to its lowest level since July, below 101.00. Markets are placing bets on six rate cuts by the Federal Reserve for...
Share: The US Dollar Index (DXY) has suffered a sharp sell-off from a high of 107 to a low of 102.5 in October and November. Economists...
Share: The US Dollar retreats another leg lower. Equity markets trade flat with US futures hesitant to continue the Christmas rally. The DXY US Dollar Index...
Share: Holiday-thinned trading, a shortened week, and a light economic calendar point to abnormal price action in the last days of 2023. Will Santa’s rally continue?...
Share: The USD is broadly weaker versus the major currencies. Economists at Scotiabank analyze Greenback’s outlook. Technical signals remain bearish for the DXY There is little...
Share: The US Dollar falls back to session’s low. Equity markets jump higher this week as investors go all in on early Fed rate cuts. The...
Share: Economists at HSBC retain a USD bullish view for 2024. USD likely to be on the defensive in the near term The USD is likely...
Share: The US Dollar Index (DXY) hit a new low not seen since July on Thursday. Economists at MUFG Bank analyze Greenback’s outlook ahead of US...
Share: US Dollar Index faces negative sentiment due to the expected dovish stance from the Fed. Subdued US GDP data increased the chances of the Fed’s...
Share: During the Asian session, Japan will release the National Consumer Price Index for November, and the Bank of Japan will release the minutes of the...
Share: DXY Index plunged towards the 101.90 area, posting 0.40% daily losses. Gross Domestic Product of the United States expanded at an annual rate of 4.9%...
Share: The DXY Index recovered towards the 102.55 area, seeing 0.35% daily gains. Medium-tier US housing data failed to trigger a significant reaction on the USD. Middle...
Share: The US Dollar trades mixed ahead of more US housing data. Markets are not fleeing to safe havens on the back of Red Sea...
Share: USD/CHF finds an intermediate support near 0.8600, however, the more downside remains favoured. The USD Index remains on backfoot as rate cut expectations outweigh. USD/CHF...
Share: The key event of the day will be the Bank of Japan’s monetary policy decision. During the Asian session, New Zealand will release trade data,...
Share: The DXY Index is witnessing mild losses after concluding its weakest week in over a month. US PCE inflation report and housing data are next...