USD The dollar closed off the week on a positive note, as it was seen consolidating weekly gains we haven’t seen in almost 7 months, upheld by an anticipation of a more aggressive approach on interest rate hikes in the year ahead. The dollar index appreciated to [...]
USD The dollar emerged victorious once again on Thursday, extending its gains for a fourth consecutive session as the market continued to digest comments made by the Fed this week. The dollar was lifted further by better than expected GDP data, which showed that the US GDP [...]
USD The US dollar index extended its winning streak to touch a five week high on Wednesday on the back of the Fed announcing that an increase in interest rates and a tightening of its monetary policy will most likely occur in March. With high US inflation [...]
USD The dollar extended its winning streak on Tuesday, lifted by the expectation that the Fed will give insight into when it may begin tightening its monetary policy. Investors’ expectations that the Fed will hike interest rates four times this year, along with geopolitical tensions between the [...]
USD The dollar index started the week on the front foot, shrugging off the previous sessions losses to touch its highest level in 2 weeks. The dollar soared to touch a high of 96.127 intraday, aided by increasing political tensions between Ukraine and Russia as well as [...]
USD The dollar index traded weaker on Friday on the back of softer US Treasury yields as risk appetited waned. The dollar traded under pressure intraday as markets turn their attention to the Feds meeting on Wednesday for further indications as to when the Fed will begin [...]
USD The dollar index traded softer in its earlier activities on Thursday after disheartening economic data, with US weekly unemployment claims increasing by 55 000 to 286 000 due to Omicron disruptions. The dollar traded within a range but manged to change direction and was seen reversing some [...]
USD The dollar index edged lower in Wednesday’s trading session, as dollar demand subsided, with US yields also closing the day softer. The US housing starts data came in better than expected, as building permits showed an increase despite higher duties imposed, although couldn’t lift the dollar. [...]
USD The dollar index continued to edge higher on the day, rallying on the back of higher yields and risk aversion. The US 10-year and 2-year yields touched a two-year high as market participants expect a hawkish outlook from the Fed. The dollar ended the session firm [...]
USD The US dollar index extended its gains from Friday’s session to commence the week. The US Martin Luther King holiday exhibited thin dollar flow, allowing market participants to process Fridays disappointing economic data print. The dollar appreciated to a high of 95.346 on the day before [...]
