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The dollar had been on the decline into the N.Y. open on Monday, though later perked up some on renewed trade tensions, when it was announced that the proposed meeting between Trump and Xi could be pushed back to June. The DXY rallied from 96.38 lows into the open, later peaking at 96.63. Read more
OVERVIEW The greenback is trading lower against most major currencies, and the DXY Index is down by 0.1% GBP/USD is in negative territory as MPs prepare a new vote before seeking extensions of Article 50. NYMEX WTI firms 20 cents to trade $58.60 a barrel, remaining near four-month high. HIGHLIGHT The USD-CAD pair is trading in a tight range with the market waiting for the FOMC meeting (Wednesday). Read more
The Dollar has traded mostly weaker, outside the case against the Pound, as the UK currency underperformed ahead of what is the most crucial week so far in the Brexit process. Cable ebbed under 1.3250, receding by about 50 pips from Friday's closing levels, though remained up by 0.8% from week-ago levels. Read more
The Dollar has traded moderately softer as London interbank participants take to their desks. The narrow trade-weighted USD index has dipped to a three-session low of 96.44, nearing last week's two-week low at 96.39. EUR-USD has concurrently been trading buoyantly, although has so far remained checked by last week's two-week peak at 1.1344. Read more
Softer U.S. data along with lower Treasury yields dented the Dollar in N.Y. on Friday. The DXY pulled back from 96.79 highs to 96.49 lows into the London close. The Empire State index and industrial production missed the mark early on, though the Greenback perked up some following the better U. Read more
OVERVIEW British ministers voted by a 211 vote majority to delay Brexit Article 50 The US dollar takes a small step back in advance of next week's meetings of the Federal Bank executives. Canadian manufacturing sales in February were up sharply by 1.0%, yet the loonie remains mostly unchanged. HIGHLIGHT The Pound has given back some ground overnight after the UK Parliament voted with a 211 vote majority to extend article 50. Read more
The Dollar has taken a downward turn, reversing some of the gains the currency saw yesterday. This has seen EUR-USD lift back above 1.1300, although yesterday's 10-day high at 1.1338 has remain unchallenged so far. USD-JPY turned quite sharply lower after printing a nine-day high of 111.90. Read more
The Dollar has traded softer, thanks to a bout of selling during the Asian session earlier. USD-JPY led the move, with the pair turning quite sharply lower after printing a nine-day high of 111.90. While the decline mostly reflected U.S. currency weakness, a report by Russian news agency TASS that North Korea is considering suspending nuclear talks with the U.S. Read more
The Dollar was rangebound through the N.Y. session on Thursday, leaving the DXY inside a 96.82 to 96.69 trading bans. Cable chopped around between 1.3289 and 1.3223, with the lows coming after the U.K. parliament voted to delay Brexit. EUR-USD bottomed at 1.1295, managing a high of just 1.1310 into the London close. Read more
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