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The dollar has traded mostly firmer amid a fickle sentiment backdrop in global markets, which turning more cautious in Europe after a bullish session across Asian stock markets, which had been fostered by the swift and transparent response of China to the coronavirus outbreak. Read more
The dollar has traded steady-to-firmer amid a revival in risk appetite in global markets, brought about by the swift and transparent response of China to the coronavirus outbreak. Some market commentaries have been highlighting this contrasts to Beijing's initial cover-up of the SARS outbreak back in 2003. Read more
FX Action was light in N.Y. on Tuesday, with no data to drive the Dollar. Risk taking levels were fairly neutral, though Wall Street lost ground on corona virus fears, and Treasury yields were a bit lower. The USD slipped some ahead of the open, weighed down by a better German ZEW outcome, and improved U.K. Read more
The yen has attracted safe-haven demand amid rising concerns about the strain of coronavirus in China, which are being exacerbated by the approaching Lunar New Year holiday period in China, a period of heightened people travelling that risks accelerating the spread of contagion. Read more
The biggest mover has been a decline in AUD-JPY in the main currency markets so far today, with the cross proving most sensitive to rising concerns about the strain of coronavirus in China, which are being exacerbated by the approaching Lunar New Year holiday period in China, a period of heightened people travelling that risks accelerating the spread of contagion. Read more
All quiet on the forex front, with the dollar majors and associated crosses rates plying narrow ranges so far. More of the same looks likely in the absence of U.S. market participants today. EUR-USD edged out a 25-day low at 1.1082 after breaching Friday's low at 1.1085. Read more
The dollar has seen modest weakness in quiet early-week trading. Volumes are likely to remain on the low side today with U.S. markets closed for the Martin Luther King holiday. Stock markets in Asian remained buoyant after bellwether indices in the U.S. Read more
The Dollar rallied some to end the week in N.Y. on Friday, taking the DXY to highs of 2020. The index topped at 97.65, levels last seen on December 26. Incoming data saw housing starts rise sharply, while industrial production was a bit lighter than consensus, and U. Read more
The yen posted fresh lows once again as risk appetite continued to course through global markets. The MSCI all-country world equity index touched fresh record highs, even though Chinese markets sputtered somewhat. An above-forecast 6.9% y/y rise in China's industrial production helped maintain the risk-on times, which followed a solid round of U.S. Read more
