USD The US dollar edged higher during yesterday’s trading session as market risk appetite waned. Hopes of a ceasefire between Russia and Ukraine remained unrealized on the day fuelling haven demand and lifting the dollar on the day. US inflation data release brought no surprises printing in [...]
USD The dollar slipped during yesterday’s trading session as the 100 mark fell out of reach following comments by US President Joe Biden that the US will be banning oil imports from Russia. Having touched a high of 99.323, the dollar retraced its early gains ,dipping to [...]
USD The dollar powered through Monday’s session ,extending its rally and asserting its dominance on the day. The dollar has proved itself to be the haven currency of choice as it outperforms its rivals and continues to strengthen on the back of waning risk-on sentiment, fuelled by [...]
USD The Dollar maintained its winning ways for a 5th consecutive session on Friday to end the week on a high note, lifted by positive jobs data coming in at 678k better than market expectation of 400k. The expectation of an interest rate hike at the next [...]
USD The dollar consolidated to the upside in yesterday’s session, finding support from positive Initial Jobless Claims, coming in at 215k compared to market expectation of 225k, which signals that the labour market is gaining momentum. The dollar was further supported by the Federal reserve’s upbeat tone [...]
USD The dollar posted additional gains for the former part of the day in yesterday’s session as investors sought for safety on the back of escalating geopolitical tensions, that continues to waver sentiment. Although it was later seen giving up some of its gains in the latter [...]
USD The US dollar edged higher in yesterday’s session as investors sought refuge in the haven on account of the ongoing raging Russia - Ukraine crisis. Dollar bulls garnered momentum as ceasefire talks remained strained with no feasible breakthrough in sight. The palpable uncertainty in global markets drove [...]
USD An upbeat start to the week for the dollar as it reclaimed its position. It reversed some of its losses from Friday’s session as risk was left on the backfoot, triggering flight to safety as investors waited on the sidelines for cues ahead of the Russia-Ukraine [...]
USD Following a bold move to highs last traded in over a year and a half, the dollar index pulled back on Friday and gave up part of its gains to end the week on the back foot. A combination of signs of gradual stability in the [...]
USD The dollar leaped to levels last seen in June 2020 as geopolitical tensions reached a boiling point and spilled over, resulting in a full-scale invasion of Ukraine by Russia. The Russian assault saw investors make a beeline towards the US dollar, cementing its status as a [...]
