Analysis

FX market outlook

Posted on Thursday, November 22 2018 at 9:52 am UTC

Dollar retreats a bit as risk aversion takes a breather; ECB minutes due Here are the latest developments in global markets: FOREX:The dollar index is a little lower on Thursday (-0.12%), extending losses from yesterday that were owed to disappointing US durable goods data and reports the Fed will debate whether to pause its hiking […]

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FX market outlook

Posted on Wednesday, November 21 2018 at 9:52 am UTC

Dollar capitalizes on risk-off mood; euro eyes Italian budget saga Here are the latest developments in global markets: FOREX:The dollar index is somewhat lower on Wednesday (-0.17%), giving back some of the significant gains it recorded in the previous session as investors sought the safety of the world’s reserve currency. The loonie was the biggest […]

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FX market outlook

Posted on Tuesday, November 20 2018 at 10:09 am UTC

Dollar extends pullback; BoE’s Carney appears before parliament Here are the latest developments in global markets: FOREX:The dollar index is marginally lower on Tuesday (-0.08%), extending the losses it posted in the previous session as US bond yields declined and a disappointing NAHB index fueled speculation the US economy may have peaked. The Swiss franc […]

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FX market outlook

Posted on Monday, November 19 2018 at 9:52 am UTC

Cautious Fed commentary weighs on dollar; Brexit, Italy, Sino-US trade in focus Here are the latest developments in global markets: FOREX:The dollar is practically unchanged on Monday, licking its wounds after a considerable drop in the previous session, which came on the back of cautious commentary from Fed policymakers. The euro capitalized the most on the […]

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FX market outlook

Posted on Friday, November 16 2018 at 10:11 am UTC

Brexit turmoil spooks sterling; Sino-US trade developments eyed Here are the latest developments in global markets: FOREX: The British pound plunged on Thursday after the UK Brexit Secretary quit in protest of the Brexit deal, and amid growing speculation PM May could soon face a leadership challenge. Meanwhile, the commodity-linked currencies – aussie, kiwi, and loonie – […]

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FX market outlook

Posted on Thursday, November 15 2018 at 9:54 am UTC

Sterling stays volatile as UK Cabinet approves deal; US & UK retail sales due Here are the latest developments in global markets: FOREX: The dollar index is little changed on Thursday (+0.07%), after posting some modest losses in the previous session. The British pound traded in a particularly volatile manner amid Brexit headlines, with the UK […]

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FX market outlook

Posted on Wednesday, November 14 2018 at 9:56 am UTC

Pound soars on Brexit deal, eyes PM May’s cabinet meeting and inflation data Here are the latest developments in global markets: FOREX: The dollar index is lower by 0.2% on Wednesday, extending its losses from the previous session, that came mostly due to a recovery in the pound and euro. Sterling in particular soared after the […]

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FX market outlook

Posted on Tuesday, November 13 2018 at 10:09 am UTC

Dollar, yen bolstered amid risk aversion; UK employment data coming up Here are the latest developments in global markets: FOREX: The dollar is flat against a basket of six major currencies on Tuesday, holding on to the sizeable gains it recorded in the previous session, when it touched a fresh 17-month high. The yen was the […]

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FX market outlook

Posted on Monday, November 12 2018 at 10:13 am UTC

Dollar bulls put the pedal to the metal; Brexit and Italy cast shadows on sterling and euro Here are the latest developments in global markets: FOREX: The dollar soared to fresh 16-month highs against a basket of six major currencies on Monday, building on its gains from Friday, even without any fresh catalyst or news out […]

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FX market outlook

Posted on Friday, November 9 2018 at 10:00 am UTC

Dollar cruises higher after FOMC; UK GDP in the spotlight Here are the latest developments in global markets: FOREX: The dollar is little changed against a basket of six major currencies on Friday (+0.06%), consolidating the gains it recorded in the previous session as the Fed signaled it remains on track to meet its rate-path projections. Meanwhile, […]

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