Share: USD rebounds look there for the selling now, Shaun Osborne, Chief FX Strategist at Scotiabank, reports. USD rebounds remain possible I expect the USD to...
Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead...
Share: The DXY index first declined to 104.00 and then jumped back to 104.30. Jobless Claims accelerated in the first week of November, while Industrial Production...
Share: The Greenback slips back in the red and flirts with a new two-month low. Traders are fretting on positioning going forward. The US Dollar Index...
Share: – DXY adds to Wednesday’s recovery and revisits the mid-104.00s. – The resumption of the selling pressure initially targets 103.98. DXY manages to pick up...
Share: The Dollar continues to claw back some of Tuesday’s losses. Economists at ING analyze USD outlook. Government shutdown averted US October Retail Sales suggested that...
Share: The critical event of the Asian session will be the Australian employment report. China will release the House Price Index. Later in the day, reports...
Share: The DXY index first declined to 104.00 and then recovered to 104.40. The headline and core PPI cooled down in October, while US Retail Sales...
Share: The Greenback dropped over 1.5% on Tuesday, its worst performance in over a year. Traders are seeing the US Dollar getting stronger again on the...
Share: The Dollar plummeted after a softer-than-expected US CPI reading. Economists at ING analyze USD outlook. Dollar slump looks overdone We still think a turn in...
Share: The sharp sell-off in the index meets some support near 104.00. Investors now see the Fed reducing its rates in the summer 2024. Producer Prices,...
Share: Another busy day lies ahead. During the Asian session, key reports will include Japan’s Q3 GDP, Australia’s Wage Price Index and Chinese Retail Sales and...
Share: The Greenback tanks as all inflation numbers decline on all fronts. Traders price out any hikes and see yields decline. The US Dollar Index drops...
Share: – DXY extends the corrective move to the 105.50 zone. – The loss of 105.00 exposes a move to the 104.85 level. DXY retreats for...
Share: The DXY index declined to 105.60, still consolidating last week’s gain. US October’s headline CPI is expected to have decelerated, and the core measure to remain stagnant....
Share: Economists at UBS expect the US Dollar to remain strong before softening as 2024 progresses. RBA to keep rates elevated until at least 4Q24 The...
Share: The Dollar starts the week quietly. Economists at ING analyze USD outlook. A range-bound week for the Dollar We get to see October releases for...
Share: The index trades without direction below 106.00. Further tightening by the Fed is not entirely ruled out. Investors’ attention will be on US inflation tracked...
Share: Federal Reserve (Fed) Bank of San Francisco President Mary Daly spoke on Friday with CNBC that she is not ready to say yet whether the...
Share: The key report for the week will be on Tuesday with the US Consumer Price Index. Additionally, more US inflation data is scheduled for Wednesday...