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The dollar held on to a firmer tone as yesterday's better than expected U.S. data kept alive expectations for Fed tapering and supported yields. The immediate risk of a military strike against Syria is reduced and this weighed on global bonds and stocks rallied. Read more
The dollar moved higher on the back of an in-line jobless claims print, and a better than anticipated Q2 GDP revision. Risk appetite was improved overall, and Wall Street rallied, perhaps as a military strike on Syria seemed less imminent. EUR-USD fell from over 1.3260 to lows near 1.3220, while USD-JPY traded over 98.50 on the better U.S. Read more
Sentiment improved in Asia and Europe after Wall Street closed in positive territory. There were no fresh developments on Syria, which enabled intra-day accounts to focus on pre-month-end window dressing. U.N. inspectors are expected to remain in Syria until the weekend and U.S. Read more
Sentiment in Asia improved after Wall Street closed in positive territory. There were no fresh developments on Syria, which enabled intra-day accounts to focus on pre-month-end window dressing. Key regional benchmarks rose and emerging Asia also experienced a better session. Read more
The dollar was mixed in N.Y. trade on Wednesday, ultimately gaining on the euro CHF and yen, while losing ground to sterling and the dollar bloc. Cable initially fell, then rallied sharply after BoE Governor Carney's speech. It was basically a re-emphasis of the forward guidance announce made back on Aug-7, as there was a bit of disappointment that Carney did not push back aggressively against market rates. Read more
European markets traded quietly as market participants eyed developments surrounding Syria. In Asia, price action was dominated by more emerging market pressure, which weighed on the commodity bloc currencies and boosted JPY. In Europe, profit taking activity went through. Read more
Risk aversion continued to drive interest in Asia as stocks suffered from rising risk of a military strike against Syria. The dollar was mixed though as the downturn in Treasury yields kept it on the defensive. However, it held firm against AUD and NZD as emerging Asia FX continued to experience heavy outflows. Read more
The dollar was broadly lower in N.Y. trade on Tuesday, as recently weak U.S. data tamped down Fed taper expectations. In addition, concern over Syria saw U.S. Treasury yields decline, weighing on the dollar. Tuesday's data slate was light, and revealed firmer house prices, and slightly improved consumer confidence readings. Read more
The USD, JPY and CHF were supported overnight as the situation in Syria weighed on risk appetite. The potential for outside intervention rose after U.S. Secretary of State Kerry said on Monday that the U.S. and its allies believe that chemical weapons were used in an attack last week. Read more
Aside from a blip lower following very weak durables data, the dollar was fairly steady through the N.Y. session on Monday. With London closed, liquidity and overall interest was light, with most major dollar pairings moving inside less than 50 point trading bands. Read more
