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The Dollar majors have maintained narrow ranges so far today, with the U.S. currency lifting out of brief declines during the Asia session. EUR-USD dipped back to the 1.1280 area after earlier pressing to a 1.1295 high, leaving yesterday's peak at 1.1311 unchallenged. Read more
The Dollar index slipped in N.Y. morning trade on Wednesday, though later perked up again into the July 4th holiday. The DXY slipped to 96.60, later rallying back to 96.82 highs. The USD has held the bulk of gains seen at the start of the week, as Fed easing sentiment has come off the boil some since the trade truce last weekend. Read more
OVERVIEW The Dollar Index is flat in thin market trading ahead of the July 4th holiday The British pound suffers from selling pressure on the back of soft PMI and a dovish BoE Read more
The Dollar has been trading steady-to-softer against the other main currencies, arriving at the New York interbank open near net unchanged against the Euro, with the common currency managing to recoup from intraday losses, modestly lower versus the Yen and Australian Dollar, and firmer in the case against the Pound, which has remained heavy following sub-forecast UK services PMI data. Read more
The Dollar has traded mixed while the Yen has traded firmer versus the other main currencies, which has come amid a backdrop of drooping stock markets in Asia (event though the S&P posted a fresh record closing level) as optimism about the U.S.-China trade war truce faded. Read more
The Dollar was narrowly mixed in N.Y. trade on Tuesday, though managed to keep the bulk of Monday's gains. There was no data to move the markets, though that will change on Wednesday, as traders gear up for the ADP jobs report, trade, jobless claims, and factory data. Read more
OVERVIEW The greenback is steady against the major currencies ahead of US employment data. The Australian Dollar is the strongest despite the back-to-back rate cuts by the RBA. Read more
The Dollar gave back some of the gains seen yesterday, concomitantly with a correction in global stock markets as participants took a more circumspect view of the weekend's declaration of a truce between the U.S. and China. EUR-USD climbed back above 1.1300, driven by about two parts Dollar weakness and about one part Euro outperformance, with the common currency managing to eke out gains against the Yen, Swiss Franc, Sterling, and a number of other currencies today, before sub-forecast Eurozone PPI data provided further dovish fodder for the ECB board. Read more
The Dollar has traded mixed, posting fresh highs versus the Euro and the Pound, but mostly holding narrow ranges during pre-Europe trading in Asia, holding onto gains following the adjustment in Fed easing expectations. EUR-USD edged out a two-week low at 1.1275, and Cable also saw a two-week nadir, at 1.2626. Read more
The Dollar bounced in N.Y. trade on Monday, taking the DXY to eight-session highs of 96.82 from pre-open lows of 96.36. The agreed trade truce over the weekend appeared to have lowered expectations for aggressive Fed easing, which supported the USD through the session. Read more
