Dollar Broadly Higher As Aussie Remains Under Pressure, ECB Minutes Due
Here are the latest developments in global markets: FOREX: The dollar’s index versus a basket of currencies continued to trade higher on Thursday and is looking set to put an end to the six-day streak of declines, its longest since...
Tariffs Support U.S Dollar
Thursday August 23: Five things the markets are talking about The U.S dollar has rallied for the first time in six-sessions as the markets waits for rhetoric from Jackson Hole where a meeting of global central bankers begins this evening....
Gold on Sidelines as Markets Eye Fed Minutes
Gold is unchanged in the Wednesday session. In North American trade, the spot price for one ounce of gold is $1196.40, down 0.02% on the day. On the release front, Existing Homes dropped to 5.34 million, short of the estimate...
ECB Minutes to Halt the Euro’s Advancing?
The official record of the European Central Bank’s July meeting will be made public on Thursday at 1130 GMT. This comes less than twenty-four hours after the Federal Reserve releases its own minutes pertaining to its latest meeting. A stark...
Fed Minutes And Jackson Hole Put Focus Back On Central Banks
August Fed minutes in focus today; Powell Jackson Hole appearance eyed after Trump comments; Trump doubtful on progress in negotiations with China. Central banks are back in focus as we head into the second half of the week, with the...
Dollar Modestly Down Ahead Of US-Chinese Trade Talks And FOMC Minutes, Oil Advances
Here are the latest developments in global markets: FOREX: Both dollar/yen and the dollar index, which gauges the dollar’s strength versus six major currencies were not much changed, fluctuating around 110.40 (-0.02%) and 95.14 (-0.12%) respectively before the widely expected...
Japanese Yen Dips, Investors Await Fed Minutes, Jackson Hole
The Japanese yen has posted gains in the Tuesday session, erasing the losses seen on Monday. In the North American session, USD/JPY is trading at 110.41, up 0.32% on the day. In economic news, Japanese All Industries Activities is expected...
FOMC Meeting Minutes Eyed for Trade Concerns
The US Federal Reserve is scheduled to release the minutes from its latest policy meeting on Wednesday at 1800 GMT and while the central bank opened the path for further rate increases this year, giving a strong assessment on the...
Dollar Index Under Pressure After Trump’s Fed Criticism
Here are the latest developments in global markets: FOREX: The dollar index continued to trade lower early in the European session, weighed by comments made by the US President late on Tuesday who said that he is “not thrilled” about...
USD/CAD – Canadian Dollar Gains Continue, Wholesales Sales Next
The Canadian dollar has posted small gains in the Tuesday session, continuing the trend seen on Monday. Currently, USD/CAD is trading at 1.3023, down 0.16% on the day. In economic news, Canada releases Wholesale Sales. There are no U.S events...
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