# DXY

#DXY

Canadian Dollar

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's tax plan offered no surprises, slowing the greenback's rally. The market also awaited the European...
Donald Trump

Dollar lower after Trump tax plan outline disappoints; euro steady ahead of ECB

US Treasury yields turned lower and the dollar trimmed recent gains versus the yen, helping gold recover from a two-week low. US President Donald Trump made his tax plan announcement on Wednesday,...
US Dollar

USD surges on positive data

USD traders were upbeat today as the US economic data was much stronger than expected despite a minor blip. New home sales m/m stole the show lifting to 621K (583K exp), show...
Donald Trump

Stocks rally on Trump’s tax reforms

The US stocks were resuscitated after the White House announced that the US corporate taxes will be cut by 15% as part of Donald Trump’s ‘major’ fiscal plans. According to the latest...
France

USD bid, French election in focus

As the UK and European traders are back from the Easter break, the attention shifts to the next critical political event in Europe, the French election. The first round of the French...
US Dollar Japanese Yen

Dollar rebounds off five-month lows against yen; focus on US

The US dollar rebounded on Tuesday, with the help of some comments from US Treasury Secretary Steven Mnuchin, which restored some demand for the greenback. US Treasury yields moved higher, which was...
US Dollar

Mixed messages on the U.S. Dollar, who should you listen to?

The U.S. dollar continued to recover from a five-month low against the Yen early Tuesday, after testing 108.11 yesterday. Comments from U.S. Secretary of the Treasury Steven Mnuchin, stating that a strong...
US Dollar

Markets Rattled By Higher Volatility But Wait There is More To This

*Trump made headlines again which pushed the dollar lower *VIX spike may be sending a wrong signal The sentiment in the markets is generally adverse today. The current risk factor has a wide...
Donald Trump

Dollar extends losses on Trump comments; aussie jumps after solid Australian jobs report

The dollar weakened further today after US President Donald Trump said in an interview with the Wall Street Journal that the greenback is “getting too strong”. The Australian dollar was a...
Donald Trump

Trump U-Turns, Dollar Tumbles

The Greenback and U.S. Treasury yields continued to fall early Thursday, after Trump’s comments to the Wall Street Journal that the dollar is getting too strong. According to the U.S. President, he’s...
Donald Trump

‘Hurricane Trump’ is back; the dollar slumps

After a few weeks of relative calm, the ‘Trump hurricane’ is back to disrupt the tranquillity in the currency markets. The US dollar weakened against most of its G10 peers last night...
Japanese Yen

Yen hits multi-month highs as risk-off mood persists

The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopolitical tensions checked risk appetite and put the safe-haven Japanese currency in favor. Investors' flight-to-safety underpinned traditional...
Gold

Gold and yen at five-month highs on geopolitical risk

Geopolitical concerns continued to be the dominant theme in the markets today, yen jumped to five-month high and gold traded at the highest level this year. Risk aversion also pushed investors...
US Dollar

Dollar weakens, safe havens gain on geopolitics and Yellen comments

Safe haven assets were in demand as risk aversion in the markets today drove investors to the yen and gold.  Geopolitical concerns and Fed Chair Janet Yellen’s comments weighed on US...
US Dollar

Dollar extends gains; euro at one-month lows; focus on Yellen

The dollar rose for a third day against the yen despite Friday’s lower-than-forecast US non-farm payrolls (NFP) report, as risk aversion somewhat faded following Friday’s news of a US missile strike...
Euro Dollar

USD: Bull Run May Be Turning; EUR/USD En-Route To 1.12

BTMU FX Strategy Research argues that the turning point for USD Bulls may have arrived a little earlier than what originally expected and has changed its forecast for USD predicting a period of dollar...
US Dollar

Dollar retreats after FOMC minutes; aussie dips on weak China PMI

The US dollar extended losses during the Asian session today and remained under pressure after a big drop following Wednesday’s release of the FOMC minutes. Sentiment is broadly risk off in...
Federal Reserve

Europe to open lower after FOMC minutes surprise

It turned out to be a tricky day for investors yesterday, with buoyant economic data on the one hand but a lack of conviction on the other, as European markets struggled...
US Dollar

USD: Sideways Into FOMC Minutes And NFP This Week

Barclays Capital FX Strategy Research expects the USD to trade sideways this week going into the FOMC minutes on Wednesday and the jobs report on Friday. On the FOMC minutes, Barclays notes that...
US Dollar

Dollar broadly weaker as yen, gold rise on safe haven demand; aussie falls after...

The Australian dollar fell after the Reserve Bank of Australia’s policy meeting. Safe haven assets such as the yen and gold were some of the best performers in a broadly risk...
Australian Dollar

Aussie pressured by weak retail sales

The aussie was one of the worst performing major currencies following weak Australian retail sales data. The dollar index, which measures the greenback against a basket of currencies, remained above the...
US Dollar

US GDP lifts bulls spirits

US markets were relatively upbeat today despite the recent Trump movements, as the market responded positively to the final GDP figures that came out showing that Q/Q growth was 2.1% (2.0%...
US Dollar

Dollar on track for weekly gains after lift from US GDP data; China manufacturing...

The US dollar is set to end the week with gains after being lifted by strong US GDP data and hawkish Federal Reserve officials who support further rate increases this year....
Trader Stocks

Inflation in focus as we come to the end of Q1

As first quarters go it’s been a solid start to the year for 2017, all the more surprising given the fact that we’ve seen two US rate rises in the space...
Brexit

Dollar broadly stronger on positive Fed rate hike outlook; pound steady after Article 50...

The dollar index rose on the positive outlook for US interest rates while the euro remained under pressure on ECB-related headlines. Sterling was stable after a big dip earlier in the...
Brexit

Sterling weakens as UK starts Brexit process, dollar jumps on Fed rhetoric

The pound was one of the worst performing major currencies during forex trading in Asia today, as the UK is set to trigger Article 50. The dollar was broadly stronger after...
British Pound

Dollar stabilizes after drop to 4-month low against yen; pound in focus ahead of...

The dollar stabilized today after sliding to a four-month low against the yen in reaction to news of the setback on healthcare reform. Investors have now shifted their attention to US...
US Dollar

Dollar falls across the board, gold rallies after new US healthcare bill fails to...

The dollar fell across the board and gold rallied as risk aversion in the markets increased demand for safe haven assets after news that the US House of Representatives failed to...
US Dollar Japanese Yen

Dollar pauses slide against yen; focus turns to US House vote on healthcare

The risk aversion in markets dissipated today and demand for safe havens eased. This helped the dollar made some recovery against the yen, while gold paused its six-day rally. The dollar moved...
Donald Trump

Trump tax cut doubts hit stocks, lifts yen vs. dollar

Growing doubts U.S. President Donald Trump will be able to deliver on a promise of tax cuts that has powered stocks markets to record highs pushed shares lower on Wednesday and...

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...

French stocks hit nine-month high as earnings power European shares

DAX
French blue chips hit a fresh 9-year high on Wednesday, helped by a surge in the shares...

Gold lower despite Trump tax plan worries

Gold
Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global...
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