Category Archives: News
Dollar Steadies in Light Asian Trade
The U.S. Dollar was broadly higher in the wake of unexpectedly strong economic data which appears to have convinced FX investors that the Federal Reserve Bank is likely to continue to taper as had been initially promised. Continue reading
Dollar’s Rally Pauses
Following a two day rally, the U.S. Dollar’s gains were halted upon the release of unexpectedly mixed data which left market players guessing about the greenback’s likely future direction. Continue reading
Dollar’s Rally Pauses
Following a two day rally, the U.S. Dollar’s gains were halted upon the release of unexpectedly mixed data which left market players guessing about the greenback’s likely future direction. Continue reading
Dollar Steadies Ahead of CPI
The U.S. Dollar firmed during Thursday’s Asian trading session after investors finally shrugged off last week’s labor report disappointment and had their faith renewed in the recovery of the U.S. economy. Continue reading
Dollar Steadies Ahead of CPI
The U.S. Dollar firmed during Thursday’s Asian trading session after investors finally shrugged off last week’s labor report disappointment and had their faith renewed in the recovery of the U.S. economy. Continue reading
USD Regroups and Heads Higher on Retail Sales
The U.S. Dollar reversed direction and moved higher against both the Australian Dollar and the Japanese Yen after the release of retail sales date from the U.S. gave dollar bulls a reason to celebrate. Continue reading
USD Regroups and Heads Higher on Retail Sales
The U.S. Dollar reversed direction and moved higher against both the Australian Dollar and the Japanese Yen after the release of retail sales date from the U.S. gave dollar bulls a reason to celebrate. Continue reading
Yen Eased Back after Broad Rally
The Japanese Yen eased back against the U.S. Dollar, getting some relief from the previous day’s rally which followed a Wall Street sell off and yet another fall in yields for U.S. Treasuries. Continue reading
Yen Eased Back after Broad Rally
The Japanese Yen eased back against the U.S. Dollar, getting some relief from the previous day’s rally which followed a Wall Street sell off and yet another fall in yields for U.S. Treasuries. Continue reading
Dollar Battles for Traction after NFP Data
During light Asian trading session, the U.S. Dollar struck a 1-month trough against the Japanese Yen as market players reevaluate the Federal Reserve’s likely next move on Quantitative Easing in the wake of last Friday’s disappointing labor report. Continue reading
