Posts Tagged ‘FX’

Dollar fails to consolidate on positive data The US data released during the last week confirmed the market expectation of a rebounding economic recovery. However, despite the data behind a surging US economy, the situation for the Dollar is less than positive. The gains that we made by the greenback earlier in the week, could…

Eyes on inflation as market gauges Dollar’s path Global economic data released in the days following the East holiday period disappointed markets, with investors returning to the US Dollar. The weekly jobless claims unexpectedly increased in the US initially pressuring the greenback lower. However, as Europe released weaker than expected industrial output data the Dollar…

Dollar is trending higher from an elevated position The trading week was shortened by the Easter holiday period, with most financial closing on the Friday. However the few exchanges in the Asia Pacific region that remained open did experience market advances. As for the currency markets the US Dollar produced mixed results during the week.…

Dollar consolidates on its upward trend as the Euro stumbles The equity markets traded firmer as the weekend approached, however this was a continuation of gains and losses alternating between days. As for the US Dollar, it could not hold onto a stretch of positive returns against most major currencies aside from the Yen and…

Dollar firms across the board as the market consolidates gains This week the markets again looked to the anticipated outcome of another central bank meeting. Moving across the Atlantic it was now the turn of the FOMC to inform on their market positioning, and provide assurances of a healing economy. The US Dollar firmed ahead…

Market reverses as the Dollar builds momentum again The US Dollar rally from the previous week ran into some resistance in the past few days ahead of the ECB meeting. With exception to the Japanese Yen the greenback traded lower against the currency majors by the mid-week session. Other noticeable movements in the financial markets…

The Dollar maintains an upwards surge as Equities retreat Global equity markets extended consecutive daily losses this week with the exception of a few minor bourses, as the Dollar surged upwards. US and European treasury yields push higher, and the Dollar maintains its upwards trajectory. Against the Euro the Dollar breached new highs of the…