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The Dollar firmed up some in during the late European AM, recouping after correcting an overall bullish trend over the last day. EUR-USD pushed toward 1.1300, down from yesterday's 1.1341 high, which was the rebound-high seen yesterday after the pair had printed a three-month low at 1.1257. Read more
A risk-on theme continued to course through forex markets, which has propelled AUD-JPY, a cross with a relatively high beta characteristic, up by over 0.6% in making an eight-day high at 78.94. USD-JPY, meanwhile, rose for a third consecutive session, this time printing a new seven-week high at 110.70. Read more
The Dollar lost ground in N.Y. on Tuesday, taking the DXY from trend highs of 97.20 to a low of 96.65. Hopes for progress on U.S.-China trade talks, along with an agreement to keep the U.S. government funded beyond Friday, reversed some of the Dollar safe-haven buying seen for the past week. Read more
The Dollar posted fresh highs, while the Yen underperformed against a backstop of rallying global stock markets. EUR-USD printed a three-month low at 1.1257 before rebounding smartly back to the 1.1280 area amid a spike in EUR-CHF and broader underperformance in the Swiss franc amid suggestions of SNB intervention. Read more
The main theme has been Yen underperformance, which has been concomitant with a cautious-but-distinct risk-on sentiment in global markets. USD-JPY rose to a near seven-week high of 110.65. EUR-JPY has also gained, while AUD-JPY has outperformed with a rise of 0.5% in making a six-day high at 78.35. Read more
The Dollar index rallied to 2019 highs in N.Y. on Monday, topping at 97.11, and up from 96.69 into the open. The Greenback continues to benefit from safe-haven flows in light of trade uncertainty and slowing growth in Europe and China. EUR-USD fell to 1.1268 from near 1.1320. Read more
The Dollar has outperformed in early-week trading, while the Yen underperformed amid a backdrop of firmer global stock markets. The narrow trade-weighted USD index posted a six-week high at 96.87, EUR-USD, down for a sixth consecutive day, printed an 18-day low at 1.1297. Read more
The USD index carved out a new six-week high, at 96.502, during the opening phase of trading in Asia-Pacific before quickly settling to a narrow-ranged consolidation. EUR-USD concurrently saw a 17-day low at 1.1315. Most market commentaries ascribed the Dollar's gains as either being safe-haven related, or a winner of a least-ugly contest, with global markets both weary and wary of U.S.-China trade tensions. Read more
The Dollar faded into the N.Y. open on Friday in N.Y., though found a footing, rallying modestly into the London close. There was no data to drive the market, though trade concerns weighed on Wall Street and Treasury yields again. The DXY topped at 96.64 from 96.45 lows. Read more
OVERVIEW The US dollar moves higher for the seven-session in a row, with the DXY index near January high. British Pound closing the week, 1% down against the greenback amidst growing Brexit uncertainty. NYMEX WTI Crude takes a breather, after falling nearly 2.5% yesterday. HIGHLIGHT The Canadian dollar is trading in a very bullish mood this morning, following better than expected jobs report. Read more
