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The Dollar fell broadly in N.Y. on Tuesday, taking the DXY to three-week lows of 98.96, down from overnight highs of 99.77. Unwinding of USD long safe-haven positions drove the the Greenback's move lower, as a strong bout of risk-on set in. The re-opening of the economy, along with positive news on the coronavirus vaccine front buoyed sentiment broadly. Read more
The dollar and yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USD index (DXY) dipped by over 0.3% in printing a five-day low at 99.60, correcting from yesterday's eight-day high at 99.97. Read more
The dollar and yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USD index (DXY) dipped by over 0.3% in printing a four-day low at 99.53, correcting from yesterday's eight-day high at 99.97. Read more
The dollar has remained buoyant amid narrow ranges in early-week trading so far. Conditions will be thin today with both UK and U.S. markets out for public holidays. Tensions between the U.S. and China continued to build over the weekend. Amid the developments, the U.S. Read more
The dollar has remained buoyant amid narrow ranges in early-week trading so far. Conditions will be thin today with both UK and U.S. markets out for public holidays. Tensions between the U.S. and China continued to build over the weekend. Amid the developments, the U.S. Read more
The Dollar rallied through the overnight session, as safe-haven flows headed to the USD following China's likely legislation to crack down on Hong Kong's autonomy. In N.Y. trade, the Greenback retained its bid, though narrow ranges prevailed with the major pairings, and activity slowed into the Long Memorial Day weekend. Read more
The dollar and yen are in outperforming mode as global stocks drop as China, at its annual National People's Congress, confirmed that there will be a bill establishing "an enforcement mechanism for ensuring national security" for Hong Kong. U.S. President Trump had earlier said he would "react strongly" if Beijing proceeds with this plan, which will quash democracy in the Special Administrative Region and break the 50-year "one country, two systems" agreement made with the UK at the 1997 handover. Read more
The dollar and yen are in outperforming mode as global stocks drop as China, at its annual National People's Congress, confirmed that there will be a bill establishing "an enforcement mechanism for ensuring national security" for Hong Kong. U.S. President Trump had earlier said he would "react strongly" if Beijing proceeds with this plan, which will quash democracy in the Special Administrative Region and break the 50-year "one country, two systems" agreement made with the UK at the 1997 handover. Read more
The Dollar was mostly firmer in the aftermath of the still bad, but generally better than expected U.S. data releases, which had jobless claims above forecasts, the Philly Fed index beat consensus, while leading indicators and existing home sales were less-bad than expected. Read more
The dollar has picked up safe haven demand as stock markets flagged in Europe and the Asia-Pacific region, and with S&P 500 futures correcting most of the gains seen during Wednesday's regular session on Wall Street. The narrow trade-weighted USD index rebounded to a high at 99.43, up from the 17-day low seen yesterday at 99.01. Read more
