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The dollar corrected after rallying yesterday and through to the early European morning against some currencies. EUR-USD lifted above 1.1783 after yesterday logging a low at 1.1717. USD-JPY fell back to the mid 112.0.s after logging a new two-and-a-half month high just ahead of the London open at 113.20. Read more
The dollar has rallied out of correction lows that were seen after the London interbank close yesterday. USD-JPY recouped to around 113.00, back within scope of yesterday's two-and-a-half-month peak at 113.25, rebounding from a pullback low at 112.37. Read more
The dollar started Wednesday's N.Y. session on a firmer footing, aided slightly by a stronger U.S. durables report. The greenback later gave back ground to the euro and yen. EUR-USD bottomed at better than one-month lows of 1.1719, before topping later at 1.1776. Read more
OVERVIEW The US Dollar appreciated against a basket of currencies as a rate hike before the end of the year looks possible. The Pound hit a 10-week high against the Euro today on the back of strong retail sales numbers. The South African Rand has slumped as the African country strikes against government corruption. Read more
Yesterday's new home sales report, on a nationwide basis anyway, can be thrown into the trash basket. As the Census Bureau made clear, about 30% fewer counties in Florida and Texas were unable to report. Further, those two states combined accounted for 14% of the total market in 2016. Read more
The dollar saw a fresh upward phase, with USD-JPY gaining some 0.6 in making a two-and-a-half-month high at 112.88, and EUR-USD losing 0.5% in making a one-month low at 1.1731. The dollar also posted new highs versus the pound, the Canadian dollar and other dollar bloc currencies, and most other developed- and developing-world currencies. Read more
The dollar has remained buoyant. USD-JPY rallied to a four-session peak at 112.54, more than reversing the declines of late last week when markets were fretting about the escalation in the war in words between Trump and Kim. Remarks yesterday from Fed's Yellen, that the central bank "should be wary of moving too gradually," along with the lack of a fresh missile test by Pyongyang, helped rekindle USD-JPY buying. Read more
OVERVIEW Euro slips under 1.1800 against the Dollar for the first time in a month. Sterling slips as EU President Tusk say Brexit negotiations are not ready for the next stage yet. Euro is set for its worst day this year on political instability in Germany. HIGHLIGHT The instability in the political environment in Germany has sent the Euro tumbling since the German election on the weekend. Read more
The dollar was on the uptick through the morning session, then rallied broadly following Yellen's comments, where she left a December rate hike firmly on the table, saying the Fed should be "wary of moving too gradually." EUR-USD initially moved up to 1.1795 from 1.1780, before falling to new one-month lows of 1.1758. Read more
The dollar has been in rally mode today, especially against the euro and kiwi dollar, currencies that have both been left reeling following weekend election results in Germany and New Zealand, respectively. EUR-USD dove to a one-month low of 1.1793. Read more
