Dollar bulls not reasserting themselves yet
It’s all about services PMI data today and already overnight we’ve seen softer figures from China, but this doesn’t seem to have dented any of the indices or currencies as …
Read MoreIt’s all about services PMI data today and already overnight we’ve seen softer figures from China, but this doesn’t seem to have dented any of the indices or currencies as …
Read MoreThe rough ride for equities last week appears to have run its course for the time being, as global sentiment has found a foothold this morning and is leading stocks …
Read MoreThe dollar gave back some ground on Friday following the worse than expected nonfarm payrolls and rise in unemployment across the pond. It was the euro that benefitted most, finding …
Read MoreGBP/USD has consolidated under the 1.70 level since Friday. The pound fell on Tuesday after UK consumer credit data printed weaker than expected. Mortgage approvals, released at the same time, …
Read MoreInvestors are slowly but surely preparing themselves for higher rates as equity markets suffered a blow yesterday, the dollar continued to appreciate or at least hovered around its recent highs …
Read MoreIn response to yesterday’s Outlook question, the answer is yes and in some style. The US not only recouped its growth losses for Q1 by showing Q2 growth was 4%, …
Read MoreAs to be expected on a day packed with event risk such as ADP employment, the advanced reading on Q2 GDP for the US, and the conclusion of the latest …
Read MoreDollar bulls were given yet another boost yesterday as the US revealed better than expected consumer confidence data and the dollar index hit a fresh five and a half month …
Read MoreA lack of major economic releases yesterday meant for a slow day of trading but overnight the Yen has seen a little action as USDJPY hits a three week high …
Read MoreAs we enter the last few days of July we can safely say that it’s been the dollar recovery that’s been one of the outliers of the month. The dollar …
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