Monthly Archives: May 2021

News 17/05/2021

2021-05-24T07:23:10+00:00

International The dollar fell on Friday, giving back the week’s gains as, amongst others released on the day, US April retail sales data disappointed, reducing fears of potential tightening from the Fed. FOMC meeting minutes scheduled for release this week will face some scrutiny as the Fed [...]

News 17/05/20212021-05-24T07:23:10+00:00

News 14/05/2021

2021-05-24T07:20:15+00:00

International The dollar managed a slight increase yesterday, taking a pause after Wednesday’s sharp uptick. Risk sentiment has now soured, and haven assets and currencies are on the up-and-up as a result. The dollar index reached a high of 90.907 before ending the session at 90.752. The [...]

News 14/05/20212021-05-24T07:20:15+00:00

News 13/05/2021

2021-05-24T07:15:07+00:00

International The dollar rebounded yesterday, recovering a fair portion of the losses sustained this week as traders cut their positions ahead of the US CPI print. Following a print of 4.2% YoY, the dollar surged further ahead as market participants fled to havens on high inflation fears. [...]

News 13/05/20212021-05-24T07:15:07+00:00

News 12/05/2021

2021-05-24T07:12:12+00:00

International The dollar found itself on the back foot once again yesterday as market participants erred on the side of caution ahead of today’s US CPI print. Today’s print is key after last week’s massive miss on Nonfarm Payrolls data, the biggest miss since before 1998. Expectations [...]

News 12/05/20212021-05-24T07:12:12+00:00

News 11/05/2021

2021-05-24T07:08:58+00:00

International The dollar fell on Friday at the hand of US Nonfarm Payroll data. Consensus was for the US economy to add just short of 1 million jobs in April when in reality it only added about 266,000, causing the dollar to falter drastically. The dollar index [...]

News 11/05/20212021-05-24T07:08:58+00:00

News 10/05/2021

2021-05-21T14:09:03+00:00

International The dollar fell on Friday at the hand of US Nonfarm Payroll data. Consensus was for the US economy to add just short of 1 million jobs in April when in reality it only added about 266,000, causing the dollar to falter drastically. The dollar index [...]

News 10/05/20212021-05-21T14:09:03+00:00

News 06/05/2021

2021-05-21T14:01:33+00:00

International The US dollar index struggled for direction yesterday, lacking some sense of conviction and trading the better part of the session sideways.  Although the greenback had a less volatile session on Wednesday, as the market was eyeing the jobs data, the dollar still managed to trade [...]

News 06/05/20212021-05-21T14:01:33+00:00

News 05/05/2021

2021-05-21T13:58:27+00:00

International The US dollar index edged higher on Tuesday, recouping all of its previous session’s losses, on the back of subdued demand for risk, following the US Treasury Secretary’s remarks regarding interest rates, amongst other things. Janet Yellen spoke of the possibility of an increase in interest [...]

News 05/05/20212021-05-21T13:58:27+00:00

News 04/05/2021

2021-05-21T13:52:56+00:00

International The US dollar index retreated on Monday, relinquishing almost half of its previous session’s gains to kick start the week. Disappointing economic data, along with falling US Treasury yields dragged the greenback lower on the day. The dollar index slipped to a low of  90.867 before [...]

News 04/05/20212021-05-21T13:52:56+00:00

News 03/05/2021

2021-05-21T13:48:20+00:00

International The US dollar index came off its recent lows to end the week on Friday. Thanks to positive economic data, the greenback managed to end its losing streak on the day, with a significant upwards movement that we haven’t seen in weeks. The growth in personal [...]

News 03/05/20212021-05-21T13:48:20+00:00
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