US dollar fights back
The weaker dollar has been staging a small but confident fight-back so far this week, most evident against the dollar bloc currencies (Aussie, kiwi and Canadian dollar), with the euro …
Read MoreThe weaker dollar has been staging a small but confident fight-back so far this week, most evident against the dollar bloc currencies (Aussie, kiwi and Canadian dollar), with the euro …
Read MoreThe underlying theme of dollar weakness has continued. The underlying theme of overnight, with the main dollar index (DXY) hitting a new low for the year below the 80.0 level. The single …
Read MoreAs traders on both sides of the 49th parallel make it back to their desks after the holiday weekend, the overnight session kicked off with a bang, pushing Japan’s fourth quarter …
Read MoreThe main overnight move has been on the yen after the latest Bank of Japan meeting. The major policy parameters were left unchanged, but the BoJ did double the scale …
Read MoreThe dollar has been on the defensive for the past two weeks and just above the low for the year on the dollar index. The recent run of US data …
Read MoreAnother strong day for US equities unfolded yesterday, with investors shaking off the disappointing US retail sales numbers and looking to add risk back to their portfolios. The S&P put …
Read MoreThe past week has seen the dollar in retreat and yesterday proved to be no exception, with the yen and sterling proving to be the main beneficiaries of dollar weakness, …
Read MoreThe Aussie has been on something of a roller-coaster ride recently as the central bank has moved away from trying to talk the currency lower. This came after a fairly …
Read MoreSterling is understandably nervous today because one of the main pillars upon which recent strength has been built could well be undermined. Back in August, newBoE governor Carney announced a …
Read MoreThe big issue for today will be the testimony from the new Fed Chair Janet Yellen. This will be her first semi-annual testimony in front of the House financial services …
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