April 21, 2023
Via: DailyFXThe Dollar Index (DXY) has managed to trade marginally higher this Friday morning as we enter the European session. In what has been a muted Asian session, the greenback has found support from hawkish Fed speak last night. The Fed’s […]
June 27, 2022
Via: DailyFXDurable goods orders are used as a barometer for the U.S. economy by measuring industrial activity. This economic indicator represents new order data from U.S. manufacturers for higher value goods that are said to last over three years. Increasing durable […]
April 14, 2022
Via: DailyFXOn Tuesday and Wednesday we saw US and UK headline measures of inflation (inclusive of fuel and food which tend to exhibit the most volatile price changes) which both beat expectations. Upward surprises in inflation data seems to be the […]
January 21, 2022
Via: DailyFXThe political pressure on UK PM Boris Johnson continues unabated with media reports that Boris Johnson knew that the Downing Street party he attended was a social event and not a work event, implying that he lied to Parliament. The […]
December 17, 2021
Via: DailyFXGold prices closed above a 3-week high on Thursday. The anti-fiat yellow metal continued to gain ground in the aftermath of this week’s Federal Reserve monetary policy announcement. There, the central bank doubled the pace of tapering asset purchases, opening […]
March 21, 2019
Via: Market WatchThe U.S. dollar climbed in early Thursday trading, retracing some of its losses from the previous session that it incurred after the Federal Reserve reiterated its dovish monetary policy stance. The U.S. central bank cut its expectations for 2019 interest-rate […]
February 13, 2019
Via: Market WatchThe U.S. dollar resumed a climb against many of its rivals early Wednesday after a brief period of jerky trading, as market participants digested reports surrounding Brexit, as well as updates from global central banks and myriad economic data, including […]
December 17, 2018
Via: Market WatchThe dollar slipped versus it major rivals on Monday as investors got ready for a flurry of monetary-policy decisions in a data-heavy week. The ICE U.S. Dollar Index DXY, -0.25% which measures the greenback against a basket of six rivals, […]
October 29, 2018
Via: Market WatchGold prices pulled back Monday as strength in the dollar and U.S. stock market dulled investment demand for the precious metal. Still, gold remained within striking distance of the multimonth highs grazed last week when equities were rocked lower and […]
September 12, 2018
Via: Market WatchDespite a muted start to the month, the bull case for the U.S. dollar remains intact as the Federal Reserve is seen blazing ahead in raising interest rates, leaving other central banks behind. Net long positions in the U.S. dollar […]
August 2, 2018
Via: Market WatchThe Bank of England’s interest-rate hike wasn’t enough to lift the British pound into positive territory versus the U.S. dollar on Thursday. The U.K. central bank upped its benchmark rate by 25 basis points to 0.75% in an unexpectedly unanimous […]
March 16, 2018
Via: Market WatchThe U.S. dollar held on to its gains after climbing higher in the wake of stronger-than-expected economic data, reversing a previous loss that had the buck trading at a nine-day low. This move also led to some of its rivals […]
January 30, 2018
Via: Market WatchThe U.S. dollar pared earlier losses on Tuesday as the trading day marched on and the euro gave up some of the gains it achieved on the back of strong economic growth data. What are currencies doing? The ICE U.S. […]
Activity, Capital and Risk, Liquidity, Trading
January 2, 2018
Via: Market WatchThe dollar slumped on Tuesday, the first full trading day of 2018, with a key dollar index falling for a fifth-straight session to trade at a more than three-month low as traders pondered what’s next for interest rates and the […]
December 8, 2017
Via: Market WatchThe U.S. dollar saw volatile trading after the release of nonfarm payroll data, which beat consensus estimates, while average hourly wage data disappointed. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.28% was last up 0.2% at 93.950. […]