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The Dollar and Yen have traded softer against most currencies, while Euro outperformance has been a side theme, despite a disappointing German January Ifo report. EUR-USD recovered toward 1.1350, putting in some distance from the six-week low seen yesterday at 1.1289. Read more
Both the Dollar and Yen have weakened against most other currencies today, concomitantly with a rise in Asian stock markets and 0.5% gain in the S&P 500 equity index. EUR-USD recouped to the lower 1.1300s, putting in some distance from the six-week low seen yesterday at 1.1289. Read more
The Dollar faded on fresh trade and shutdown worries early in the N.Y. session on Thursday, though later rallied higher, despite a mostly lower Wall Street. White House advisor Kudlow sounded upbeat on trade talks, countering Commerce Sec Ross' earlier comment that the U.S. Read more
The Dollar has posted advances against a wide variety of currencies, making between two- and three-week highs versus the Australian and Canadian Dollars, for instance, and pushing back into the upper 109.0s versus the Yen, swinging the 110.0 three-week peak seen yesterday back into range. Read more
The Dollar has been trading firmer in to the London interbank open. EUR-USD has ebbed back towards 1.1370 after yesterday's upswing failed to clear 1.1400. USD-JPY has lifted to the 109.70 area, returning focus on yesterday's 110.00 peak. Cable and AUD-USD have also ebbed back. Read more
The Dollar fell in N.Y. trade on Wednesday, taking the DXY to lows of the week at 96.05 from opening highs of 96.37. Trade and shutdown worries conspired against the Greenback through much of the session. EUR-USD rallied to 1.1396 from near 1.1350, as USD-JPY fell back to 109.40 after printing 110.00 highs. Read more
The Dollar has traded flat-to-softer while the Yen has been the day-to-far's underperformer and the Pound the outperformer. EUR-USD remained rooted around the 1.1350 level, while USD-JPY printed a two-day high at 109.79, which is 9 pips shy of Monday's peak. Read more
The dollar rallied early in the N.Y. session on Tuesday, though was batted down following weak U.S. housing data, and a sharp Wall Street sell off. Global growth concerns drove equities following softer China GDP and an IMF growth downgrade. EUR-USD bottomed at 1.1336 early on, before peaking at 1.1374. Read more
OVERVIEW The US Dollar Index keeps apparent calm despite the prolonged government shutdown The IMF downgrades its forecast for global economic growth, fuelling risk-off trades and equity markets selloffs NYMEX WTI Crude is under pressure, sinking down around 2.7%, and fails to move above a five-week high HIGHLIGHT The Canadian dollar tumbled to a two-week low as a combination of low oil prices, disappointing economic data and the fear of a global slowdown weighs on investors' enthusiasm for the CAD. Read more
A generally firmer Dollar and Yen, and a souring in risk appetite, will greet U.S. market participants as they return to their desks from their long weekend. USD-JPY edged out a three-day low of 109.32, driven by Yen outperformance as forex markets week looking for safe havens. Read more
