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The Dollar ended on a slightly softer footing in N.Y. trade on Monday, though ranges generally were relatively narrow. Due to the U.S. government shutdown, there were no data to move the market. Wall Street opened sharply lower on fallout from the overnight weak China trade data, though managed to pare losses through the session. Read more
OVERVIEW The pound is stronger on 'soft or no Brexit' The Aussie Dollar is weaker on 'risk off' sentiment Turkish Lira dips after Trump comments HIGHLIGHT The pound is stronger today and continues to trade around a 7-week high against the US Dollar. Read more
A risk-off theme underpinned the Yen while weighing on the Dollar bloc currencies. AUD-JPY, NZD-JPY and CAD-JPY are all showing gains of over 0.5%. This came with Asian stock markets and oil and other resource commodity prices tumbling after China trade data showed imports down 7.6% y/y in December while exports contracted 4.4% y/y. Read more
A risk-off theme underpinned the Yen while weighing on the Dollar bloc currencies. AUD-JPY, NZD-JPY and CAD-JPY are all showing gains of over 0.5%. This came with Asian stock markets and oil and other resource commodity prices tumbling after China trade data showed imports down 7.6% y/y in December while exports contracted 4.4% y/y. Read more
The dollar rallied broadly in N.Y. on Friday, despite the benign CPI print. This saw EUR-USD fall to intra day lows of 1.1458 from 1.1535 early, and USD-JPY to 108.60 from 108.15. Talk of Turkish troop movement near the Syria border has been making the rounds, which could have prompted some safe-haven flow into the USD. Read more
OVERVIEW The Dollar Index remains in negative territory for the fourth consecutive week, amidst dovish Fed and continuing government shutdown. Gold is up $2.15 as investors seek safe haven assets ahead of significant events risks with the Brexit vote due next week. HIGHLIGHT The GBP/USD pair has been trading in a consolidation mode after last week’s flash crash. Read more
The Dollar has been trading on a softer footing. EUR-USD has settled back 1.1500 after Fed's Clarida said that the central bank can afford to be patient, further affirming the shift-to-neutral change at the U.S. central bank, though the pair has remained below yesterday's three-month peak at 1.1570. Read more
The Dollar has retained a softer performance versus most currencies, particularly the Dollar bloc units, which are being floated by a backdrop of rising global equity markets. AUD-USD printed a one-month peak at 0.7220, and NZD-USD a three-week high at 0.6831. Read more
FX trade was relatively quiet in N.Y. on Thursday, though the dollar overall managed modest gains. A slightly lower than expected jobless claims outcome had little impact. Later, the dollar perked up a bit on Powell's Q&A, with EUR-USD touching session lows of 1.1485, and USD-JPY picking up to 108.45. Read more
OVERVIEW Labour party states it will demand an election if PM May's vote fails on Brexit separation logistics The US Dollar partially rebounds from lows as it pares some bearish bets Canadian Dollar strength fades as optimism over a trade deal subsides HIGHLIGHT The Sterling to Euro rate lurks around the 1.1100 level and touched a week's low of 1.1032 in early trading today. Read more
