Analysis

FX market outlook

Posted on Tuesday, April 24 2018 at 8:53 am UTC

Dollar bulls “back on the case”; US consumer confidence due Here are the latest developments in global markets: FOREX: The US dollar traded 0.1% lower against a basket of six major currencies on Tuesday, giving back some of the notable gains it posted yesterday on the back of surging US bond yields. Despite today’s pullback, the dollar […]

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FX market outlook

Posted on Monday, April 23 2018 at 8:42 am UTC

Rising yields bolster the dollar; eurozone flash PMIs in focus Here are the latest developments in global markets: FOREX: The US dollar index traded higher on Monday, though by less than 0.1%, adding to the significant gains it posted on Friday on the back of rising US Treasury yields. The loonie plunged on Friday after Canada’s CPI data disappointed, while the […]

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FX market outlook

Posted on Friday, April 20 2018 at 8:59 am UTC

BoE’s Carney slams the pound; Canadian inflation & retail sales eyed Here are the latest developments in global markets: FOREX: The US dollar index is practically unchanged on Friday, after it posted solid gains earlier on Thursday on the back of rising US Treasury yields. Sterling/dollar was 0.3% lower, with the British pound extending the losses it posted yesterday, […]

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FX market outlook

Posted on Thursday, April 19 2018 at 8:43 am UTC

Loonie softens on cautious BoC; UK retail sales in focus Here are the latest developments in global markets: FOREX: The US dollar index is higher today, but by less than 0.1%. Aussie/dollar is up by 0.2%, lifted by a notable rally across commodities. Meanwhile, the loonie steadied against the dollar, after it plunged yesterday on the […]

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FX market outlook

Posted on Wednesday, April 18 2018 at 8:57 am UTC

Safe havens retreat as geopolitical tensions ease; UK CPI and BoC rate decision coming up Here are the latest developments in global markets: FOREX: The US dollar index was practically unchanged on Wednesday, after it posted some gains on Tuesday. The Japanese yen and the Swiss franc were on the back foot as geopolitical risks were perceived as easing, […]

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FX market outlook

Posted on Tuesday, April 17 2018 at 8:48 am UTC

Sterling rallies ahead of crucial economic data. Here are the latest developments in global markets: FOREX: The US dollar index was 0.1% lower on Tuesday, extending the losses it posted yesterday amid renewed speculation that the US administration is seeking a weaker currency. Sterling/dollar traded 0.15% higher today after surging yesterday as well, reaching a fresh high […]

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FX market outlook

Posted on Monday, April 16 2018 at 8:36 am UTC

Risk trades supported as geopolitical concerns fade; US retail sales in the spotlight Here are the latest developments in global markets: FOREX: The US dollar traded lower on Monday, but by less than 0.1%, showing little response to the US military strike on Syria over the weekend. STOCKS: US markets closed lower on Friday, though they appear set for […]

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FX market outlook

Posted on Friday, April 13 2018 at 8:46 am UTC

Markets turn optimistic as risks moderate; U of M consumer sentiment survey eyed in US Here are the latest developments in global markets: FOREX: The US dollar index traded higher on Friday, but by less than 0.1%, extending the gains it posted yesterday as geopolitical and trade risks moderated, and the yields on longer-term US Treasuries surged. […]

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FX market outlook

Posted on Thursday, April 12 2018 at 8:50 am UTC

Geopolitical concerns creep into markets; ECB minutes eyed Here are the latest developments in global markets: FOREX: The US dollar index traded practically unchanged on Thursday, with the currency unable to draw much support from the hawkish signals in the FOMC minutes, amid escalating tensions in the Middle East pushing US Treasury yields lower. STOCKS: US markets closed lower […]

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FX market outlook

Posted on Wednesday, April 11 2018 at 8:40 am UTC

Abating trade woes support risk; dollar eyes FOMC minutes & CPIs FOREX: The US dollar index traded nearly 0.1% lower on Wednesday, touching a fresh 2-week low ahead of the release of US CPI data and the minutes from the latest FOMC meeting. Both the euro and the pound gained yesterday, amid hawkish remarks from ECB and […]

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