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The DXY printed a near one-month high of 97.80 early in the N.Y. session on Tuesday, before spending much of the morning session pulling back to 97.23 before steadying. Incoming data was mixed, revealing a weaker than consensus Chicago PMI, and a better consumer confidence outcome. Read more
The dollar has traded modestly firmer, although ranges have been fairly narrow so far today. European stock markets sputtered, as S&P 500 futures, while Asian stock markets gained moderately. Pandemic-related nervousness about the global economic outlook continues to vie with incoming May and June data that are mostly showing a strong rebound from the April lockdown nadir. Read more
The dollar has traded modestly firmer, although most pairings have remained within their respective Monday ranges so far today. S&P 500 futures ebbed back, while Asian stock markets gained moderately. Pandemic-related nervousness about the global economic outlook continues to view with incoming May and June data that are mostly showing a strong rebound from the April lockdown nadir. Read more
The Dollar was mostly higher in N.Y. trade on Monday, supported by much better than expected pending home sales and Dallas Fed index outcomes. The DXY rallied to 97.64 from opening lows of 97.13. Wall Street was sharply higher, despite ongoing virus concerns, buoyed by the data, and renewed hopes for a V-shaped economic recovery. Read more
The dollar has traded mostly softer so far today. Asian stock markets have tumbled, though U.S. equity index futures have posted moderate gains, rebounding a little after closing quite sharply in the red on Wall Street on Friday. The yen concurrently traded with a neutral-to-softer bias, despite the risk-off backdrop in regional equity markets, which were largely viewed as a catch-up trade to the drop in North American markets on Friday. Read more
Narrow ranges with a modicum of yen firmness have been prevailing against a backdrop of higher equity markets in Europe and Asia, which have tracked Wall Street gains, though U.S. equity index futures have shown little directional impulse. China markets were closed for a second day, and will reopen on Monday. Read more
Narrow ranges have been prevailing against a backdrop of moderate gains across Asia-Pacific equity markets, which have tracked Wall Street gains, though U.S. equity index futures have posted modest declines. China markets were closed for a second day. Read more
The Dollar rallied into the N.Y open on Thursday, perking up as risk appetite fell through the European morning session. Wall Street was choppy, swapping gains for losses several times through the session. The moves came as investors battled between increasing virus outbreaks and hopes for economic recovery. Read more
The dollar has lifted amid a backdrop of wobbling stock markets. News of a new ECB Eurosystem repo facility to provide euro liquidity to central banks outside the Eurozone, seemed to give stock markets in Europe a boost after a negative session in Asia, though evidently not enough to offset concerns about surging coronavirus cases in the U.S. Read more
The dollar has lifted amid a backdrop of tumbling stock markets across the Asia-Pacific region, and with U.S. equity index futures extending lower following the negative close on Wall Street yesterday. Markets in Hong Kong and mainland China have been closed today. Read more
