Category Archives: News
Dollar Strengthens Broadly on Raised Fed Expectations
Last Friday’s better than expected U.S. labor data helped to push the U.S. Dollar Index to a new 3-year peak; the Index measures the greenback’s relative strength against a weighted basket of its major peers. Continue reading
Dollar Strengthens Broadly on Raised Fed Expectations
Last Friday’s better than expected U.S. labor data helped to push the U.S. Dollar Index to a new 3-year peak; the Index measures the greenback’s relative strength against a weighted basket of its major peers. Continue reading
Dollar Rallies BoE, ECB Surprise
After leaders at both the Bank of England and the European Central Bank surprised markets with monetary policy stances that were more dovish than previously, the U.S. Dollar broadly rallied during the Asian session. Continue reading
Dollar Rallies BoE, ECB Surprise
After leaders at both the Bank of England and the European Central Bank surprised markets with monetary policy stances that were more dovish than previously, the U.S. Dollar broadly rallied during the Asian session. Continue reading
Resilient Euro Regains Traction
As risk averse investors shun all things related to the Eurozone, the U.S. Dollar has been reaping the benefit. Continue reading
Resilient Euro Regains Traction
As risk averse investors shun all things related to the Eurozone, the U.S. Dollar has been reaping the benefit. Continue reading
Caution Ahead for Dollar Bulls as NFP Looms
With financial markets in the U.S. closed today for the Independence Day holiday, the U.S. Dollar held steady in overnight Asian trade after investors cut back their long positions ahead of Friday’s market moving data release, namely the monthly non-farms payroll report. Continue reading
Caution Ahead for Dollar Bulls as NFP Looms
With financial markets in the U.S. closed today for the Independence Day holiday, the U.S. Dollar held steady in overnight Asian trade after investors cut back their long positions ahead of Friday’s market moving data release, namely the monthly non-farms payroll report. Continue reading
Fear of EU Rating Cut Hurts Markets
A continually strong US Dollar has pushed gold prices to the lowest they’ve been in the past 7 weeks. Although leaders at last week’s EU summit agreed to a plan to build a rescue fund, the Fitch Ratings has commented that this plan did not sufficiently ease the pressure on the region’s sovereign bond ratings. Continue reading
Fear of EU Rating Cut Hurts Markets
A continually strong US Dollar has pushed gold prices to the lowest they’ve been in the past 7 weeks. Although leaders at last week’s EU summit agreed to a plan to build a rescue fund, the Fitch Ratings has commented that this plan did not sufficiently ease the pressure on the region’s sovereign bond ratings. Continue reading
