Yen Stealing the Show as Dollar Consolidates, Euro and Sterling Tumble on Weak Data
Dollar is trading with a soft tone today as traders are cautiously waiting for tomorrow’s job report. And...
Euro and Sterling Recovered on Economic Data, Dollar Patiently Awaits FOMC
Dollar is trading slightly lower today as markets digest recent against ahead of FOMC rate decision and statement....
Dollar Firm as FOMC Awaited, Euro and Sterling Shaky ahead of GDP and PMI
After yesterday’s strong rally, Dollar retreats mildly today as markets await FOMC decision. For the week, the greenback...
Dollar Resuming Recent Rally, Sterling Tumbles after PMI, Canadian Up on GDP
Dollar resumes recent rally today and breaks last week’s high against all major currencies except Canadian Dollar. In...
Dollar Staying Range Bound an PCE Matched Expectations, Sterling Rebounds after Initial Selloff
Dollar remains firm in early US session after release of personal income and spending data. But now, the...
Forex Markets Steady as Heavy Weight Data from US, Eurozone and UK Awaited
The forex market open the week rather steadily with major indices stuck inside Friday’s range. Aussie is generally...
Dollar and Yield Reached Critical Junctures after Strong Rally, Determining Events ahead
Dollar was given a powerful boost last week on a couple of factors. Firstly, 10 year yield extended...
Dollar Rally Exhausted after Multiple Boosts this Week, Sterling and Euro Tumbled on GDP Misses
Dollar’s rally seem to be a bit exhausted in early US session. After all, the greenback was lifted...
US and UK GDP to Take Center Stage, BoJ Stands Pat
Dollar is trading mildly lower today but remains the overwhelmingly strongest one for the week. The greenback was,...
Euro Holding on to 1.2154 against Dollar on Cautiously Upbeat ECB Draghi, Dollar Weakens as Yields Retreat
Euro recovers against Dollar after ECB president Mario Draghi tried to play down concerns over recent weak Eurozone...
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