Analysis

FX market outlook

Posted on Tuesday, September 25 2018 at 8:53 am UTC

Euro pares Draghi-induced gains; trade, Brexit and eurozone politics eyed Here are the latest developments in global markets: FOREX: The dollar index is higheron Tuesday, albeit by less than 0.10%, looking to extend the marginal gains it posted in the previous session. Meanwhile, the euro spiked higher after ECB chief Mario Draghi struck a more upbeat […]

Continue Reading

FX market outlook

Posted on Monday, September 24 2018 at 8:51 am UTC

Dollar modestly up; sentiment sours as China cancels trade talks Here are the latest developments in global markets: FOREX: The dollar index – which tracks the greenback’s performance against a basket of six major currencies – is higheron Monday (+0.12%), looking set to extend the gains it recorded in the previous session. The safe-haven yen is also […]

Continue Reading

FX market outlook

Posted on Friday, September 21 2018 at 8:57 am UTC

Yen & dollar pummeled amid stock exuberance; key Eurozone and Canadian data due Here are the latest developments in global markets: FOREX: The dollar index is higher by a marginal 0.05% on Friday, recouping some of the significant losses it posted in the previous session as risk appetite remained firm and investors pared back more of their […]

Continue Reading

Has the dollar’s bullish phase ended? What will be the fate of the Pound after the Brexit? Will oil continue its progress?

Posted on Thursday, September 20 2018 at 1:56 pm UTC

Has the dollar’s bullish phase ended? An interest rate hike next week has become certain. The probability for a fourth rate hike in December currently rests at around 90% according to US OIS, and for these reasons I see no new incentive to support a new dollar rise in the coming period. Also, let’s not […]

Continue Reading

FX market outlook

Posted on Thursday, September 20 2018 at 9:19 am UTC

Sterling remains turbulent amid EU summit; UK retail sales coming up Here are the latest developments in global markets: FOREX: The dollar index is down by 0.10% on Thursdayafter ending the previous session practically unchanged, failing to capitalize on a sustained surge in longer-term US bond yields. In the UK, the British pound had a turbulent ride […]

Continue Reading

FX market outlook

Posted on Wednesday, September 19 2018 at 8:51 am UTC

Markets brush aside trade concerns; UK inflation in the spotlight Here are the latest developments in global markets: FOREX: The dollar index is lower on Wednesday, albeit not by much (-0.12%), giving back the slight gains it posted yesterday. The yen plunged across the board as investors rotated out of safe assets, after the US-China trade confrontation […]

Continue Reading

FX market outlook

Posted on Tuesday, September 18 2018 at 8:47 am UTC

Trump fires fresh tariff salvo, how will China “strike back”? Here are the latest developments in global markets: FOREX: The dollar index is down fractionally on Tuesday (-0.08%), extending the notable losses it posted in the previous session, unable to attract safe-haven inflows even despite a fresh escalation in the US-China trade standoff. The pound gained ground on Monday alongside […]

Continue Reading

FX market outlook

Posted on Monday, September 17 2018 at 9:01 am UTC

Dollar recovers as trade tensions resurface Here are the latest developments in global markets: FOREX: The US dollar is down by a marginal 0.05% against a basket of six major currencies on Monday, largely holding on to the safe-haven gains it recorded in the previous session as concerns regarding a US-China trade escalation resurfaced. There was little […]

Continue Reading

FX market outlook

Posted on Friday, September 14 2018 at 8:50 am UTC

Yen crumbles amid risk-on mood; US retail sales in the spotlight Here are the latest developments in global markets: FOREX: The US dollar index is nearly unchanged on Friday(-0.02%), holding on to the losses it posted in the previous session following a disappointment in the US CPI inflation data. The yen also retreated across the board, as […]

Continue Reading

FX market outlook

Posted on Thursday, September 13 2018 at 8:46 am UTC

Trade talk hopes weigh on dollar; BoE, ECB & Turkish central bank policy decisions eyed Here are the latest developments in global markets: FOREX: The US dollar index is slightly higher on Thursday(+0.08%), recouping some of the losses it posted in the previous session as safe-haven bets on the currency were scaled back following news the US-China […]

Continue Reading