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The Australian Dollar rallied after the RBA refrained from aping the Fed's dovish turn following its policy meeting today, where it left the cash rate at the record low 1.50%, as widely anticipated. Elsewhere, the Dollar held mostly firm, edging out a 13-day high versus the Pound and eking out a one-week high versus the Euro, with EUR-USD printing a low at 1.1422. Read more
The Dollar moved higher in N.Y. trade on Monday, supported by last week's strong jobs and manufacturing reports. Treasury yields aided as well, as they remained elevated through the session. EUR-USD slipped to 1.1424 from 1.1455 highs, while USD-JPY topped at 110.17, before heading back under 109.90. Read more
OVERVIEW US Dollar still riding the non-farm job gains report wave from Friday Pound holds firm on a potential customs solution for no-deal Brexit The euro is weaker on Eurozone growth concerns HIGHLIGHT The US dollar has attracted good flows at the start of the week from yield-seekers as the concerns over the US stability have eased. Read more
The Dollar has traded moderately firmer, surpassing the highs seen on Friday against the Yen and Australian Dollar, among other currencies, though remaining below the highs seen on Friday against the Euro and Sterling, among others. Friday's slew of firmer data out of the U.S. Read more
Moderate Yen underperformance has remained a theme in markets so far today, as it had been on Friday. This floated USD-JPY to a 10-day high at 109.82, while EUR-JPY and AUD-JPY have traded near five- and seven-week highs, respectively. The Japanese currency has been underperforming relative to the other main currencies in the wake of the strong U.S. Read more
The Dollar rallied on the back of better than expected jobs, ISM, amd U. Michigan sentiment in N.Y. on Friday. The DXY bounced to 95.63 from lows of 95.40. Wall Street was mixed after a week of solid gains, while Treasury yields edged up on the data as well. Read more
OVERVIEW The US Dollar Index reversed yesterday’s gains with a mixed jobs report. British Pound comes under selling pressure over poor manufacturing PMI Read more
The Dollar has traded mixed into the release of the January U.S. jobs report, losing modest ground to the Euro while holding near net unchanged against the Yen and gaining on the Pound, which took a hit on weak UK data, and the Australian and Canadian Dollars. Read more
The Dollar has found its feet, holding steady-to-firmer against the other main currencies so far today after dropping sharply during the prior 24 hours in the wake of the Fed's dovish turn. EUR-USD has lodged in the low-to-mid 1.1400s, below its post-Fed high at 1.1514, while USD-JPY has parked in the upper 109.0s, comfortably above the two-week low seen the day before at 108.49. Read more
The dollar steadied early in the session, after the DXY bottomed at 95.22 overnight, though headed higher from there, largely on short covering interest, and solid U.S. housing data. Wall Street was mostly higher, as the Powell Put remained in focus. EUR-USD fell from near 1.1500 to 1.1435 lows, while USD-JPY bounced from 108.54 to 108.90 highs. Read more
