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The Dollar fell in N.Y. trade on Wednesday, taking the DXY to lows of the week at 96.05 from opening highs of 96.37. Trade and shutdown worries conspired against the Greenback through much of the session. EUR-USD rallied to 1.1396 from near 1.1350, as USD-JPY fell back to 109.40 after printing 110.00 highs. Read more
The Dollar has traded flat-to-softer while the Yen has been the day-to-far's underperformer and the Pound the outperformer. EUR-USD remained rooted around the 1.1350 level, while USD-JPY printed a two-day high at 109.79, which is 9 pips shy of Monday's peak. Read more
The dollar rallied early in the N.Y. session on Tuesday, though was batted down following weak U.S. housing data, and a sharp Wall Street sell off. Global growth concerns drove equities following softer China GDP and an IMF growth downgrade. EUR-USD bottomed at 1.1336 early on, before peaking at 1.1374. Read more
OVERVIEW The US Dollar Index keeps apparent calm despite the prolonged government shutdown The IMF downgrades its forecast for global economic growth, fuelling risk-off trades and equity markets selloffs NYMEX WTI Crude is under pressure, sinking down around 2.7%, and fails to move above a five-week high HIGHLIGHT The Canadian dollar tumbled to a two-week low as a combination of low oil prices, disappointing economic data and the fear of a global slowdown weighs on investors' enthusiasm for the CAD. Read more
A generally firmer Dollar and Yen, and a souring in risk appetite, will greet U.S. market participants as they return to their desks from their long weekend. USD-JPY edged out a three-day low of 109.32, driven by Yen outperformance as forex markets week looking for safe havens. Read more
The Dollar and Yen have traded firmer against most other currencies, with the Japanese unit itself outperforming overall, which has pressed USD-JPY to a two-day low of 109.38. Forex markets are in a safe-haven mode, with Asia stock markets down and S&P 500 futures racking up a 0.8% loss in overnight trading, pointing to a hefty opening loss on Wall Street later. Read more
OVERVIEW The US dollar index, DXY, is flat around 95.32, against other major currencies. Chinese macro data shows its economy is stalling, while their GDP is growing aa round a 6.4% rate. NYMEX WTI Crude made gains of 0.17% to $53.90, a nine-week high. HIGHLIGHT The Euro has moved into a consolidation zone against the greenback, trading around the mid-point of 1.13. Read more
There hasn't been a strong theme in forex markets so far today. Sterling paring losses seen during the early part of the London session, while EUR-USD settled in the upper 1.1300s, above Friday's 17-day low at 1.1353, and near the 1.1400 level, which roughly marks the midway point of a broadly sideways range that's been unfolding for three months now. Read more
The Dollar majors have been trading with little directional bias so far today. EUR-USD has settled in the upper 1.1300s, up from Friday's 17-day low at 1.1353, and near the 1.1400 level, which roughly marks the midway point of a broadly sideways range that's been unfolding for three months now. Read more
