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The Dollar has traded steady-to-firmer, managing gains versus the Euro and Yen, and an underperforming Pound, while posting modest losses to the Aussie Dollar and holding steady versus the Canadian Dollar. Cable shed over 0.5% in pegging a 23-day low at 1.2733, while EUR-GBP lifted to four-session highs. Read more
Sterling has come under pressure ahead of the London interbank open, with Cable having pegged a five-session low at 1.2769 and EUR-GBP rising to three-session highs. Some are blaming Trump's remarks yesterday about the UK not being able to negotiate a trade deal with the U.S. Read more
The Dollar started the N.Y. session on a softer footing, though spent the morning session moving higher, taking the DXY to seven-session highs of 97.07, and up from 96.71 early on. There was little data to drive the market, though the Dallas Fed index fell more than expected. Read more
OVERVIEW Euro holds firm against the US Dollar as a solution to Italy's budget deficit challenges are thrashed out The Pound stays steady as PM May faces her first questions of the week The Canadian dollar strengthens as Oil rebounds by as much as 2.7% HIGHLIGHT The Euro gained today against the Pound as Italy was said to make concessions over their budget deficit. Read more
The Dollar came under broad pressure against most currencies, particularly the Dollar bloc units, which underperformed amid a rebound in global stocks and oil prices. Yen underperformance lifted USD-JPY, however, as the Japanese currency shed some of its safe haven premium. Read more
Both the Dollar and Yen lose ground to most other currencies, especially the Dollar bloc currencies, which rebounded concurrently with a revival in risk appetite, with oil prices staging a partial rebound of last week's sharp losses and equity markets rising. Read more
FX trade was relatively subdued in N.Y. on Friday, though the Dollar remained firm after climbing in London morning dealings. EUR-USD touched six-session lows under 1.1335. USD-JPY bottomed at 112.66 on weaker equities, though recovered to near 112.90 as Wall Street pared losses. Read more
OVERVIEW The Dollar Index nears a five-day high, up 0.1% against the majors The Euro erases earlier sessions’ gains to trade in negative territory. NYMEX WTI Crude moves closer to $50.00 a barrel, down 6.70% on the day due to a supply glut HIGHLIGHT The Mexican Peso moved close to 20.50 as the economy grew less than forecast. Read more
The Dollar has traded firmer against most currencies outside the case versus the Yen, which saw its safe haven premium pick up after Chinese stocks came under heavy pressure, with the SSE index with a 2.5% closing loss, and as oil prices dove by over 4% to fresh 13-month lows. Read more
A risk-off theme has been prevailing in Asia into the London interbank open, which has seen the Yen outperform and the Australian Dollar underperform. EUR-USD has lifted moderately, though has remained comfortably below yesterday's 1.1433 high and has continued to narrowly orbit the 1.1400 level. Read more
