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The Dollar came under some pressure in N.Y. on Tuesday, weighed down by a sharp sell-off in global equity markets. The DXY fell to 95.82 from overnight highs of 96.15. EUR-USD topped at 1.1493 after touching 1.1450 lows, while USD-JPY dipped briefly under 112.00 before bouncing to near 112.30. Read more
OVERVIEW The US Dollar is mixed and moves off of its two-month high Tensions between the EU and Italy continue to exert pressure on the common currency NYMEX WTI Crude drops to a 1 month low, down 2.28% to $67.75. HIGHLIGHT Global equity markets are under heavy selling pressure today with the safe-haven Japanese Yen a top G-10 performer. Read more
The Dollar ebbed during the London AM session after firming during the pre-Europe Asian session, while the Yen outperformed as global stock markets dove. EUR-USD recouped to the upper 1.1400s after earlier printing a two-session low at 1.1439. The low and the move back higher have been mostly driven the broader fluctuations in the dollar. Read more
Both the Dollar and Yen have outperformed amid a risk-off backdrop, with the Japanese currency itself outperforming its U.S. counterpart on safe haven demand, which has pushed USD-JPY lower despite gains in the greenback against most other currencies. Read more
The Dollar index topped at two-week highs of 96.10 in N.Y. on Monday, posting modest gains through the session. There was no data to move the market, though mixed earnings reports weighed on stocks to a degree. EUR-USD bottomed at 1.145, down from near 1.1500 at the open. Read more
The Dollar continued to find buoyancy, even while the Euro lifted as the pressure came off Italian markets. EUR-USD settled near 1.1500 after printing a three-day high at 1.1550 earlier. The high was driven by broader Euro gains, while the move lower has been driven by broader Dollar gains. Read more
The Yen has softened while the Dollar has been mixed in typically narrow early-week ranges. USD-JPY nudged higher, posting a high of 112.71, which is a 12-day peak, while EUR-JPY has edged out a six-day high. This came as the Japanese currency underperformed amid a China-led rebound in stock markets in Asia following a fresh turn of verbal interventions from Chinese officials, with President Xi pledging to support the private sector, including with cuts in personal income tax rates. Read more
The Dollar slipped some in N.Y. trade on Friday, taking the DXY from near two-week overnight highs of 96.05 to 95.55 lows. Soft U.S. housing data had little impact, and pre-weekend profit taking appeared to have been the main driver, following a week of fairly steady gains. Read more
OVERVIEW The US Dollar moves to a three-week high against the G-10 currencies as market fear eases Italian yield spread against German bond fund widens over Italy's spending plan NYMEX WTI Crude cracks below $70.00 a barrel, down 90 cents on the day. HIGHLIGHT The South African Rand continues to advance for the second week as foreign investors return. Read more
