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The Dollar has traded mostly firmer, posting fresh trend highs in the case against the Yen, while lifting versus the Euro and other currencies, although holding below recent highs. The main exception was the the Canadian dollar which rallied strongly after the U.S. Read more
The Dollar index pulled back from levels last seen on September 10, topping at 95.36, before falling back to 95.02 lows into the London close on the back of week- and month-end position squaring. U.S. data was mixed, and include about in-line income and spending figures, though Chicago PMI and Michigan sentiment missed the marks, weighing some some on the Greenback. Read more
OVERVIEW The Dollar Index swings back into positive territory on strong data and a hawkish Fed The Euro slides lower on Italian budget deficit concerns Read more
The Dollar and Yen have continued to rally against most other currencies. The USD index (DXY) was slightly off its highest but still showing a 0.4% gain heading into the New York interbank open. EUR-USD continued what is now a three-day tumble in posting a 16-day low at 1.1581. Read more
The Dollar has remained buoyant, with USD-JPY printing a new 2018 high at 113.63, with the aid of a measure of specific yen weakness, and EUR-USD posted an 11-day low at 1.1633. Cable ebbed to a four-day low, USD-CAD saw a two-week high, and AUD-USD a 10-day low. Read more
The Dollar index rose to a near two-week high in N.Y. trade on Thursday, aided by generally good incoming U.S. data, and spillover buying following the Fed's rate hike on Wednesday. The DXY topped at 94.89, after opening near 94.45. EUR-USD fell to 1.1554 from opening highs of around 1.1720. Read more
OVERVIEW EUR-USD found its feet after posting a one-week low at 1.1685 USD/CAD hits 1.31, retreats to mid-1.30s amidst continuing NAFTA negotiations. Read more
The main theme has been dollar and yen firmness against most other currencies, amid a risk-off backdrop, though both currencies came off their highs. EUR-USD found its feet after posting a one-week low at 1.1685, settling back in the lower 1.1700s. There had bee a flurry of Euro selling a the European open, though the common currency ended up showing modest gains versus Sterling and the Swiss Franc, while showing modest losses to the Dollar and Yen (as of the early European PM session). Read more
Both the dollar and yen have lifted against most other currencies, with the Japanese currency outperforming its North American counterpart. This comes a risk-off backdrop, with Asia stock markets, after starting firmly, having come under pressure. Japan's Nikkei 225 closed 1% for the worse, while the Shanghai Composite reversed out of an AM-session gain, and is presently at its lows and showing a 0.6% loss in the second hour of the PM session. Read more
FX trade was quiet through the morning session, as traders largely sat on their hands ahead of the FOMC announcement. The Dollar turned modestly lower after the Fed raised rates by 25 basis points, as expected, and kept another December hike on the table. Read more
