Category Archives: News
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
Dollar Trade Awaits NFP
The U.S. Dollar Index edged away from a recently struck 7-week peak during Friday’s Asian trading session as investors anxiously await the government’s release of private sector jobs date which will either reaffirm or question the Fed’s intention to begin tapering of its long held QE program. Continue reading
Dollar Trade Awaits NFP
The U.S. Dollar Index edged away from a recently struck 7-week peak during Friday’s Asian trading session as investors anxiously await the government’s release of private sector jobs date which will either reaffirm or question the Fed’s intention to begin tapering of its long held QE program. Continue reading
Labor Data Lifts Greenback
The U.S. Dollar moved broadly higher following Wednesday’s ADP report which showed an unexpectedly better outcome of 238,000 new private sector jobs being added in December, the largest single month’s jump in more than a year. Continue reading
Labor Data Lifts Greenback
The U.S. Dollar moved broadly higher following Wednesday’s ADP report which showed an unexpectedly better outcome of 238,000 new private sector jobs being added in December, the largest single month’s jump in more than a year. Continue reading
Dollar Rebounds on Strong Trade Figures
The U.S. Dollar held close to a 1-month peak against its major rivals during Wednesday’s Asian trading session as the result of a strong rebound on the back of unexpectedly improved trade data from the U.S. Continue reading
Dollar Rebounds on Strong Trade Figures
The U.S. Dollar held close to a 1-month peak against its major rivals during Wednesday’s Asian trading session as the result of a strong rebound on the back of unexpectedly improved trade data from the U.S. Continue reading
Dollar Tanks as Data Disappoints
Unexpectedly poor economic data from the United States helped to send the greenback broadly lower during Tuesday’s Asian trading session, while simultaneously giving the Yen a solid boost. Continue reading
Dollar Tanks as Data Disappoints
Unexpectedly poor economic data from the United States helped to send the greenback broadly lower during Tuesday’s Asian trading session, while simultaneously giving the Yen a solid boost. Continue reading
Yen Higher as Nikkei Sputters
The Japanese Yen edged off of a recently struck 5-year trough against the U.S. Dollar and the common currency Euro as softness in Japanese equities gave traders a good reason to buy the safe haven currency. Continue reading
