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Forex markets have remained directionally unambitious. AUD-USD has been the main exception, with the pairing lifting by about 40 pips to within a whisker of the three-week seen yesterday at 0.7152. The move was sparked by remarks from RBA's Debelle, who was upbeat about the labour market. Read more
The Dollar index fell to near two-week lows of 96.86 early in the N.Y. session on Tuesday, later recovering some ground, taking the DXY to 97.04 highs. Fresh trade fears, following Trump threats to tariff European goods brought safe-haven Dollar buying to bear, lifting the unit from its lows. Read more
OVERVIEW The DXY Index is sliding lower, down 0.15% as global sentiment turns bearish on the USD GBP/USD is trading on optimistic sentiment of a Brexit breakthrough and trading higher ahead of GDP figure Read more
The Dollar has been trading with a softening tilt. Sterling has been volatile on the back of Brexit-related news noise today, rallying quite sharply before falling back quite sharply. The drop came after EU's chief negotiator Barnier dismissed an unconfirmed report that Germany's Merkel was open to time-limiting the Irish backstop (which guarantees that an open border is maintained between Ireland and Northern Ireland), stating that negotiations will not be reopened on this front. Read more
Narrow ranges have continued to prevail among the dollar majors for the most part, though the Yen, along with the Australian and Canadian Dollars as saw some modest gains. USD-CAD in particular has rotated lows concomitantly with new trend highs in oil prices. Read more
The Dollar was somewhat softer in N.Y. on Monday, seeing the DXY pullback to 96.99 lows from 97.20. Activity was fairly light overall, with risk taking levels a bit under water through the day. Factory orders were in-line with expectations, and had little impact on the USD. Read more
The OVERVIEW The US dollar is trading with a weaker tone across the board, with DXY down 0.35% GBP/USD is waiting near a three-day low with market waiting for a reply letter from the EU WTI crude oil climbed to a new 2019 high amidst growing tension in Libya. Read more
The Dollar majors has been trading with little direction. Modest Yen strength was a theme during the Tokyo session, with the Japanese currency lifting by between 0.2% and 0.3% concurrently with a turn lower in Asian stock markets. This drove USD-JPY and AUD-JPY to respective six-day lows at 111.35 and 78.96 and EUR-JPY to a five-day low at 124.98. Read more
Narrow ranges have been prevailing so far among the main dollar pairings an associated crosses. Modest Yen strength was the main directional theme, with the Japanese currency rotating between 0.2% and 0.3% higher concurrently with a turn lower in Asian stock markets. Read more
The Dollar index bounced to near highs of the week after the March U.S. jobs report, which was a bit mixed, with NFP printing higher than expected, though earnings missed the mark. The DXY rallied from 97.28 lows to 97.46. Wall Street rallied modestly, as U.S.-China trade negotiation are set to continue through the weekend. Read more
