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The Dollar has traded moderately firmer into the London interbank open in thin conditions in the absence of Chinese and Japanese markets (for the Mid-Autumn and Equinox holiday's, respectively). EUR-USD has ebbed under 1.1740, continuing the correction from Friday's two-month high at 1.1803. Read more
The Dollar index printed two-plus month lows of 93.82 into the N.Y. open on Friday, though managed a recovery to 94.32 through the morning session. Pre-weekend short covering was cited behind the move. The only data were weaker PMIs, though they had little impact on the FX market. Read more
The Dollar rebounded some today after seeing fresh lows against some currencies. Specific weakness in both the Euro and Sterling indirectly lent support to the U.S. currency. EUR-USD drifted back to the mid 1.1700s after posting a fresh two-month high at 118.03. Read more
The dollar and yen have continued to underperform most other currencies amid a backdrop of rallying global stock markets, which has seen new record highs scaled on Wall Street and the MSCI Asia-Pacific (ex Japan) index rise by over 0.5% today. EUR-USD posted a fresh two-month high at 117.87, while EUR-JPY has lifted to five-month high territory. Read more
The Dollar index fell to better than two-month lows in early N.Y. trade on Thursday, before managing a modest recovery through the morning session. Generally good U.S. data, including jobless claims, existing home sales, and leading indicators provided some support to the Greenback. Read more
The Dollar continued to trade softer against most currencies. EUR-USD lifted back above 1.1700 in the latest phase of the now week-long oscillation of this level, though the pair has so far remained below the three-week peak that was logged on Tuesday at 1.1724. Read more
Narrow ranges have been prevailing in forex markets for the most part. EUR-USD has been nestled in the upper 1.1600s, near the 1.1700 level, a level that the pair has been oscillating around for nearly a week now. Cable has consolidated around the 1.3150 after coming off from yesterday's two-month high at 1.3215 on news that the UK prime minister will reject a new EU proposal on the Irish border issue. Read more
The Dollar index firmed early in the session, topping at 94.71 before falling back to 94.44 lows. Better housing starts data provided some support, though USD buyers ended up booking profits at mid-morning. EUR-USD bottomed at 1.1650, then rallied to 1.1692 highs. Read more
OVERVIEW UK PM reportedly rejects an EU Irish border deal Oil closing in on 2-month highs HIGHLIGHT The U.S. dollar lost ground on competing currencies on Wednesday. Investors were distracted from the Greenback by even more Brexit-inspired tension surrounding the British Pound. Read more
The Dollar traded mostly softer, as did the Yen, against most other currencies amid a backdrop of buoyant global equity markets, although European stock markets showed signs of fatigue following a bullish session in Asia. The USD index (DXY) was showing a 0.2% loss as of the early PM session in Europe. Read more
