Persistent Dollar Rally Accompanied By Yen And Franc Comebacks
Dollar’s rally presses on today and extends into early US session, reflecting continued strength even after a period... Read more
Dollar Holds Gains, Gold Hits Record, Sterling Awaits UK GDP
The forex markets turned quieter in Asian session today with minimal movements. Dollar is consolidating this week’s ... Read more
Euro Declines After ECB Opens Door For Rate Cuts, Dollar Eases Following PPI Data
Euro weakens broadly following ECB’s decision to maintain interest rates unchanged, coupled with explicit suggestion... Read more
Dollar Holds Strong As June Rate Cut Expectations Wane; ECB To Be Non-Event
Dollar remains firm in Asian session after the strong post-CPI rally. US stocks were deeply sold off as a June Fed rat... Read more
US CPI Sparks Strong Dollar Rebound, USD/JPY Breaks 152
Dollar is having a strong, broad-based rebound in early US session, driven by upside surprises in CPI data. The concer... Read more
Kiwi Rallies On RBNZs Hawkish Hold; US CPI And BoC Next
New Zealand Dollar rises broadly in Asian session following RBNZ’s decision to keep interest rates steady. The centr... Read more
Dollar Declines Without Clear Cause: Strategic Positioning Before Inflation Data?
Dollar falls broadly today and stays weak as markets enter into US session. The underlying cause of this sell-off rema... Read more
Kiwi Unfazed By Business Confidence Slide, Aussie Maintains Solid Ground
New Zealand Dollar traded broadly higher in Asian session, despite revelation of significant downturn in business conf... Read more
Swiss Franc And Yen Soft On Rising Yields And Metals
Benchmark treasury yields in US and Europe rise notably in a day of relatively slow news flow. At the same time, Cop... Read more
Precious Metals Shine As Global Markets Await Central Bank Decisions And Data
As Asian session unfolded, the forex markets have been relatively quiet. Precious metals, on the other hand, are makin... Read more
Inflation Fears Resurface As Commodities Spike, Thwarting Central Bank Easing Hopes
Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil... Read more
NFP Fuels Dollar Surge, Canadian Jobs Drag Loonie
Dollar rises broadly in early US session in response to surprisingly strong non-farm payroll data. Dollar’s ascent i... Read more
BoJ Uedas Rate Hike Musings Propel Yen, Dollar Regains Ground On Risk Aversion
Japanese Yen rebounded broadly in Asian session today, shot up by comments from BoJ Governor Kazuo Ueda regarding the ... Read more
Swiss Franc Plummets On CPI Data Which Fuels Expectations Of Further SNB Easing
Swiss Franc faced broad selling pressure in European session, driven by CPI lower than CPI data. Inflation in Switzerl... Read more
Fed Powell And Soft Data Dampen Dollar, While Commodity Boom Propels Aussie
Dollar was sold off overnight after weaker than expected ISM Services data, and the weakness persisted following comme... Read more