USD The dollar tracked lower in Friday’s session and gave back its gains as fears of the discovery of a new coronavirus variant rattled markets and saw investors unwind their long dollar position in favour of the Japanese yen and Swiss franc. The dollar index traded a low [...]
USD Activity was muted as the U.S took some time off to tuck into some turkey for thanksgiving yesterday. The dollar index paused its rally and closed slightly lower on the day as traders continued to position themselves in anticipation of the Fed hiking rates while other [...]
USD The dollar index pulled off another stellar performance against its rivals, as expectations of a rate hike happening sooner continues to collar the market. The dollar recorded a high of 96.491 on the day and impressively closed the session at 96.875. EUR The single currency closed [...]
USD The dollar came of its recent highs and gave back some of its previous gains as the overstretched dollar run subsided. A decline in weekly jobless claims to 268K did little to change the dollar’s trajectory. The dollar index traded a low of 95.518 and closed [...]
USD The dollar edged higher in its early trades yesterday, as dollar demand remained the order of the day, while the market continued to digest positive economic data from the US. Although the dollar struggled to maintain its momentum, as it was seen giving up all its previous [...]
USD The dollar kicked off the week on a high note, strengthening against rivals in yesterday’s session as safe haven demand steered markets, with market participants awaiting further signals on the Fed’s next moves and in anticipation of US retail sales figures, which are set to [...]
USD The dollar lost its footing slightly during intraday trading and retreated modestly from its previous gains. A decline in the US consumer confidence index printed 66.8, its lowest level in 10 years from a prior high of 71.7 briefly halted the dollar run but the dollar [...]
USD Dollar dominance continued across global markets yesterday, with the index soaring to an almost 16 month high against its peers on the day, on the back of this week’s high inflation print. Fears over the Fed’s assertion that inflation is transitory seem to be fueling speculation [...]
International The USD dollar had the best day yesterday, as it was better bid across the board, clawing back three sessions worth of losses in a single move. We saw the index closing 94bps to 94.85 firmer on the back of higher-than-expected US inflation numbers. CPI printed [...]
9 November 2021 International The US dollar index continued to come off its recent highs on Tuesday, alongside falling US yields on the day. Despite having had a decent start to the day, the dollar was seen trading under pressure throughout the session, with precious [...]
