Share: The USD-weakness continued again on Monday. How much further this downside correction can continue? Economists at Commerzbank analyze Dollar’s outlook. USD correction is probably justified...
Share: During the Asian session, New Zealand will release trade data, and the Reserve Bank of Australia the minutes of its latest meeting. Later in the...
Share: Speaking in an interview with CNBC News on Monday, US Treasury Secretary Janet Yellen said that the “US and China recognize they have the opportunity...
Share: The index looks offered around 103.70 on Monday. Speculation remains on the rise around potential Fed rate cuts in March. The US CB Leading Index...
Share: The US Dollar experienced its worst weekly decline since May, with negative momentum prevailing. Next week will be a shortened week in the US due...
Share: The DXY Index stands at 103.90, seeing losses of around 0.40% and tallying a 1.60% weekly decline. Investors continue to digest the data reported throughout...
Share: Federal Reserve (Fed) Vice Chair (for supervision) Michael Barr said on Friday, “we are likely at or near the peak of where we need to...
Share: – DXY resumes the decline and puts 104.00 to the test. – Extra losses appear on the cards on the breach of 104.00. DXY reverses...
Share: San Francisco Federal Reserve President Mary Daly said on Friday, “high risks and ‘murky’ economic conditions mean Fed should practice gradualism.“ Additional comments Needs ‘the...
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,...