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A softer U.S. December employment report dented the Dollar in N.Y. trade on Friday, as a miss in both non-farm payrolls and earnings weighed. There was some pre-weekend paring of long Dollar positions in play as well. Markets calmed some, as Iran and the U.S. Read more
The dollar has been trading mostly steady-to-firmer against most currencies, although losing ground to the Australian dollar. USD-JPY, now in its fifth consecutive up day, printed a fresh two-week high at 107.65, which is just 7 pips shy of the seven-month high that was seen in early December. Read more
The yen posted fresh lows as global stock markets hit new record highs, while the likes of the Australian dollar and many developing-nation currencies rallied. USD-JPY, now in its fifth consecutive up day, printed a fresh two-week high at 107.60, which is just 12 pips shy of the seven-month high that was seen in early December. Read more
The Dollar rallied again on Thursday, so far this year bouncing from steep year-end losses seen last month. The U.S. economic outlook, along with the USD interest rate differential advantage has been a driver of USD strength so far in 2020. Looking ahead, economics, geopolitics and later, the U.S. Read more
The dollar has traded mostly firmer, posting two-week highs versus the euro and pound, a 10-day peak versus the yen, a nine-day high against the Canadian dollar, a 16-day peak relative to the New Zealand dollar. Unwinding risk-off premiums supported USD-JPY, while dovish remarks from BoE Governor Carney weighed on Cable, and, indirectly, EUR-USD, and a weak ANZ Commodity Price Index reading took a toll on NZD-USD. Read more
The yen continued to decline concomitantly with a recovery stock markets after President Trump took the off-ramp offered him by Iran. Tehran's missile strikes, having caused no casualties, was termed by the foreign ministry to have "concluded" Tehran's response. Read more
The Dollar firmed in N.Y. trade on Wednesday, helped by a stronger than expected December ADP jobs report, along with safe-haven USD buying following the Iran missile attack on U.S. bases in Iraq. Trump later spoke, saying Iran appears to be "standing down". Read more
The yen surged and then sharply more than unwound gains in volatile trading during morning trading in Tokyo. The rally in the Japanese currency was part of a broader dash for safe haven assets and currencies following news that Iran had fired missiles at two U.S. Read more
The yen surged and then sharply unwound gains in volatile trading during morning trading in Tokyo. The rally in the Japanese currency was part of a broader dash for safe haven assets and currencies following news that Iran had fired missiles at two U.S. Read more
The Dollar was higher in N.Y. trade on Tuesday, taking the DXY to highs of the week at 97.09 from opening levels near 96.73. Safe-haven USD buying was a feature through the session, driven by the nervous geopolitical backdrop. A much stronger services ISM helped support the Greenback as well. Read more
