USD The US dollar edged higher on Tuesday, recouping the previous day’s losses ahead of the US CPI inflation data. Change of tone regarding tapering from the ECB also provided support to the struggling dollar on the day. The dollar index rose to a high of 95.750 [...]
USD The dollar’s recovery was short-lived, as it was seen reverting back to its losing ways to kick start the week in yesterdays’ session. It seems the market is finally done digesting the US job’s data, living the dollar exposed and vulnerable on the day. The dollar [...]
USD The dollar index found some reprieve on Friday, pausing its losing streak on the day, on the back of better than expected US jobs data. The dollar broadly endured one of the worst weeks, dipping from 97.297 to 95.173 last week. We saw the dollar getting [...]
USD The dollar had a firm start in yesterday’s session, opening the day at 96.0220 but was seen trading softer for the latter part of the day, diverting back to its losing streak from the previous session. The dollar remained pressured this week, being the biggest loser [...]
USD The dollar index found some reprieve on Friday, pausing its losing streak on the day, on the back of better than expected US jobs data. The dollar broadly endured one of the worst weeks, dipping from 97.297 to 95.173 last week. We saw the dollar getting [...]
USD Another day under the weather for the dollar, as it continued to show vulnerability for the third consecutive day this week in yesterday’s session. The dollar post-Fed rally disappeared into thin air further instigating demand for riskier assets. The dollar was also weighed down by the [...]
USD The dollar extended its losing streak in yesterday’s session as the market continued to digest the Federal Reserve’s singing of a different tune around its monetary policy stance, invigorating risk appetite. And further pressed down by disappointing manufacturing data that came in weaker than expected at [...]
USD A disappointing start to the week for the dollar as it was not spared in yesterday’s session. It was seen reversing some of its accumulated gains from last week to consolidate to the downside, with risk aversion dissipating into thin air. The change of tone on [...]
