International The US dollar index edged higher on the day, trading at a two-week high during the session, although the greenback struggled to maintain its gains, consolidating to end the session slightly flat. Soon after reaching a high of 90.441, the greenback came under immense pressure, on [...]
International The US dollar index opened slightly higher on the day, tracking firm in its early activities, although late trades saw the greenback struggling to retain its gains. The move lower, was on the back of positive US economic data, which pointed out to an improving outlook [...]
International The US dollar index continued to retreat further on the day, tracking around its four and a half month low in the session. The likely hood of the US Fed continuing with its current policy trajectory, along with soft consumer confidence data, kept the dollar on [...]
International The US dollar index continued to retreat further on the day, tracking around its four and a half month low in the session. The likely hood of the US Fed continuing with its current policy trajectory, along with soft consumer confidence data, kept the dollar on [...]
International Following a pullback in the previous session, the US dollar index edged lower to kick start the week yesterday, with safe-haven assets such as gold also been squeezed out on the day, as global markets seemed risk on across the board. As the improving outlook on [...]
International After dipping to a four-month low, the greenback managed to pull back, erasing its earlier losses and also taking back some of its previous session’s losses. Although the dollar ended the day firm and was tracking stronger against most majors, on a weekly overview, it traded [...]
International The dollar traded weaker against rivals yesterday, post-FOMC minutes gains relinquished as doubts creep in over the Fed’s readiness to tighten policy following differing Initial and Continuing Jobless Claims data weighing on one of the Fed’s recovery targets of improving on employment, especially when they are [...]
International The dollar made attempts at rebounding yesterday, succeeding late in evening after the US FOMC implied plausible rate hikes in the near future if economic recovery momentum heightens. There was also a general risk-off tone in the market yesterday, with cryptocurrencies taking a big knock, to [...]
International The dollar extended losses yesterday, the dollar index sliding further against rivals in its basket. A fear of interest rate hikes is subsiding, with US Treasury yields also quite stagnant, as high inflation figures may only be considered transitory as the economy picks up. The dollar [...]
International The dollar tracked lower yesterday, continuing Friday’s trend of giving up Wednesday’s inflation-spurred rise. Sentiment remains dampened as investors believe a rate-hike is not in the offing before September at least, despite higher inflation. Significant data releases and speeches this week are highly awaited to give [...]
