
Dollar Recovers in Tight Range, Sterling Down after CPI
Dollar and Yen are recovering mildly today but overall major pairs and crosses are stuck in very tight range. European majors are the weaker ones, with Sterling having a lower ...

Dollar Holding On to Near Term Support, UK and CA CPI Featured
The forex markets are engaging in sideway trading in very tight range in Asian session. Dollar and Yen remain the weaker ones for the week. But so far, there is ...

Euro and Sterling Rebound Strongly, Dollar and Yen Turn Weaker
Yen and Dollar falls broadly today as risk-on sentiment is gaining steam. European majors are making a strong come back too. Sterling is boosted by upbeat job market data. Euro ...

Euro Recovers in Overall Consolidative Markets
The financial markets are generally quiet today. Major European indexes are mixed while US futures are treading water. Gold is still trying to defend 1800 handle, despite dipping earlier. Silver ...

Euro Looking Increasingly Vulnerable, Overall Sentiment to Stabilize after Wild Rides
Extreme volatility was seen in the markets last week, in particular in the across the broad rout in cryptocurrencies. Stocks the tumbled sharp but stage a late come back. Gold ...

Gold Extends Decline While EUR/USD Holding on to 2017 Low
Overall, the forex markets are rather quiet as the week is heading to a close. EUR/USD is still holding above 2017 low but lacks any strength for a recovery. The ...

Dollar and Yen Consolidate as Sentiment Stabilized
Overall market sentiment stabilize in Asia today, with Nikkei leading other major indexes higher. Bitcoin is trading back above 20k, arguing that the climax of the crypto rout is over ...

Yen Rebounding Further on Risk Aversion and Falling Yields
With the help from risk aversion and extended pull back in benchmark global treasury yields, Yen’s rebound is making some progress. US 10-year yield is back below 2.9% handle in ...

Dollar Ranging Against Euro and Yen, Markets Turning Cautious With Stabilization
Risk sentiment stabilizes today with rebound in major European stocks while US futures also point to higher open. Selloff in commodity currencies slow a bit but they remain the worst ...
Euro Resilient in Risk-Off Markets, Aussie Selloff Continues
The markets are still staying in overall risk-off mode this week so far, with selloff in stocks, gold, oil and cryptos. Commodity currencies are trading broadly lower as as result, ...

Risk Aversion Still Dominates But Dollar Lost Momentum, Euro Recovers
Risk aversion is the theme of the day, with major European indexes trading in red, while US futures are also diving. Australian Dollar is leading other commodity currencies lower. While ...

Traders Still Betting on 75bps Hike by Fed in June, Dollar Rally Capped
While RBA, Fed and BoE announced rate hikes last week, the impacts and reactions were rather delivered. RBA’s larger than expected hike was well received and helped Aussie secured the ...

Euro Talked Up By ECB Hawks, Dollar Shrugs NFP
Dollar turns slightly softer in early US session even though non-farm payroll report came in slightly better than expected. Yen is also weak on rising benchmark global yields. On the ...

Dollar Back in Control ahead of NFP, Risk Aversion Back
Dollar is back in control as markets turned back into risk-off mode, just a day after the rallies triggered by Fed Chair Jerome Powell’s comments. Investors are apparently not too ...

Swiss Franc Dips, Dollar Range Bound as Fed Hike Awaited
Major forex pairs are generally stuck inside yesterday’s range as markets await FOMC rate decision. Swiss Franc is the exception, though, as the selloff against Euro spreads to other Franc ...

Markets in Tight Range ahead of Fed Hike, Dollar Firm
Overall, the markets are pretty quiet as focuses turns to Fed’s rate hike and guidance today. Dollar is consolidating in tight range, preparing for the next move. For now, Aussie ...

Dollar Softer Slightly, European Majors Trying a Rebound
Dollar is turning softer entering into US session, as traders might start to lighten up position ahead tomorrow’s FOMC rate decision. Commodity currencies are also soft, except Aussie which is ...

Dollar Staying Firm in Quiet Markets, Canadian Dollar Lower With Oil Price
Dollar remains the firmer one today, in quiet markets, as traders are awaiting Fed’s rate hike, and forward guidance later in the week. Yen’s trading tone is so far positive, ...

Dollar Index Hit Two-Decade High as Focus Turns to Fed Hike
Dollar ended up as the strongest one last week, having the best week since 2015 and with Dollar index hitting a two-decade high. Though, the rally somewhat slowed towards the ...

Dollar Consolidates Gain after Strong PCE Inflation Data
Lots of important economic data are released today but they’re largely ignored. Inflation data from the US and Eurozone are strong. Canada’s monthly GDP growth was well above expectation while ...