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FX trade was very light on Friday, with many traders taking the day after Thanksgiving off. There was no data to drive prices, though the Dollar was mostly lower overall. The DXY pulled back from levels last seen on October 15, printing 98.54 early, before easing to 98.23 into the London close. Read more
The dollar majors have remained without direction in light trading conditions. European stock markets found a footing today, but global stock markets have overall been in sputtering mode on concerns that the souring in U.S.-China relations over Hong Kong (where fresh large pro-democracy demonstrations are reportedly being planned for the weekend) will make trade-deal making harder, seven-weeks after the "phase-1" deal in principle was announced. Read more
The main currencies have continued to trade without directional vigour and in low volumes. U.S. markets will be returning only for a half day today, which will keep volumes down after the Thanksgiving holiday yesterday (a so-called bridge weekend for many). Read more
The dollar bloc currencies traded softer as a flare up in U.S.-China relations spoilt markets appetite for risk. The yen also steadied above lows while global stock markets stalled after Beijing threatened as yet unspecified "firm counter measures" in response to President Trump's signing of the Hong Kong Human Rights bill. Read more
The dollar majors have been holding narrow ranges, though the pound still managed to carve out a fresh high against the dollar following a bellwether opinion poll showing PM Johnson's Conservative party is on track to win the upcoming UK general election with a "sizeable" majority. Read more
The pound has rallied to six-month highs against both the euro and yen, while printing a one-week high in the case against the dollar. The UK currency was given a boost by a much-watched poll, released late evening (UK time) yesterday, showing the Conservatives to be on course to win a working majority at the general election in two weeks. Read more
The Dollar advanced early in the N.Y. session on Thursday, supported by a better than expected Q3 GDP revision, and stronger durable orders data. The DXY popped to 98.44 from 98.28 at the open. The Greenback reversed lower following the 10:00 EST round of data, where personal income missed the mark. Read more
The dollar has been trading mixed so far today, edging out a new high versus the euro and Swiss franc, holding firm against the yen, but losing ground to the pound and Canadian dollars. The U.S. currency also pared earlier gains versus the Australian dollar. Read more
The dollar has traded moderately firmer. The narrow trade-weighted USD index (DXY) rose fractionally to 98.35, which is 3 pips shy of the 13-day high seen on Monday, while EUR-USD ebbed to a 1.1008 low, which is 1 pip short of yesterday's low and 5 pips short of the 13-day nadir seen on Monday. Read more
FX trade was very quiet in N.Y. on Tuesday, with narrow ranges the rule for major Dollar pairings. The Greenback ended up pretty much flat overall, with the DXY inching higher to 98.37 early on, then falling back to 98.27 lows through the afternoon. As has been the case of late, there was little reaction to the incoming U.S. Read more
