# DXY

#DXY

Euro

Markets: The Week Ahead 23rd June 2017

A snapshot view of the calendar for next week and commentary on potential catalyst of data of interest. USD: GDP revisions don’t tend to be the most exciting of releases, not helped by...
Oil

Oil remains close to 7-month lows; dollar little changed

As Asian markets are completing their trading day, the dollar index has eased from yesterday’s one-month high but is still close to that level. In the meantime, WTI and Brent crude...
Canadian Dollar

USD: What’s Behind The Bounce; What’s The Trade?

Credit Agricole CIB FX Strategy Research argues that as the markets have been predominantly focused on the current inflation data and appear to be pricing in an overly cautious Fed, there is...
China

MSCI decides on China, Dow at record

The US dollar and the US yields improved on Federal Reserve (Fed) member Dudley’s optimistic view of the US economy. William Dudley, who is known as a dovish Fed member, said...
US Dollar

Dollar firms on hawkish Fed speakers; sterling in focus ahead of speeches by BoE...

The US dollar was firmer on the back of hawkish comments from Federal Reserve officials. Sterling held onto Monday’s losses as all eyes turn to the mansion House speeches later by...
France

Euro steady as Macron set to win legislative elections; sterling in focus as Brexit...

The euro was supported by news that French President Emmanuel Macron won a majority in Sunday’s legislative elections. Sterling was steady ahead of the start of Brexit talks in Brussels today. In...
US Stock Market

Searching for a spark: Dealers suffering a mild case of Central Bank fatigue

The market has been searching for a spark this morning. No doubt dealers are suffering a mild case of  Central Bank fatigue as the market remains in flux digesting last week’s...
Federal Reserve

Fed sticks to its guns despite weak inflation

The Fed stuck to its guns, raising rates by a quarter point and calling for another hike this year, in spite of some pretty dreadful inflation earlier that has the market...
US Dollar Japanese Yen

Yen softer after BoJ makes no change to monetary policy or economic outlook; dollar...

The yen weakened after the Bank of Japan (BoJ) left monetary policy unchanged today while the US dollar remained firm after the Federal Reserve raised interest rates on Wednesday. The BoJ announced...
Australian Dollar

Aussie gains on upbeat jobs report; kiwi drops after GDP; greenback steady post-Fed

The US dollar mostly held onto gains made after the Federal Reserve was not as dovish as some had expected and the aussie was one of the best performing major currencies...
Federal Reserve FOMC Stocks

Shaky night for the Dollar yet the Fed stick to the plan

We foresaw the potential that CPI data released just hours prior to the FOMC meeting had the potential to steal its thunder. As the grim set of data was released, it...
Federal Reserve

Fed hikes rates, despite weak inflation outlook

It was a rather mixed day for stock markets yesterday with the Dow making another new record close, while the Nasdaq and S&P500 slipped back, after the US Federal Reserve raised...
US Dollar

Dollar slightly down ahead of Fed meeting; Kiwi at 3½-month high

The dollar was slightly down as the Asian trading session was coming to a halt. The New Zealand dollar recovered after initially dropping as the country’s current account deficit as a...
British Pound

Sterling plunges on political uncertainty after inconclusive UK election result; dollar steady after Comey...

Sterling plunged on political uncertainty after an inconclusive result in the UK general elections that took place on Thursday, with no single party having a clear claim to power. The dollar...
Europe

Sterling hits 2-week high ahead of UK election; euro steady with focus on ECB;...

Currency markets were showing signs of caution ahead of key risk events later in the day. Risk aversion supported gold and the yen. The euro and sterling held steady while the...
British Pound

Sliding yields weigh on the US dollar

With most of the major event risk towards the back end of this week and after record highs last week, investors appear to be taking some money off the table, which...
US Dollar

Dollar extends decline; aussie rallies after RBA; oil under pressure

The dollar was broadly weaker and the yen gained on safe haven demand. The aussie rallied after the RBA meeting. Oil remained under pressure. The Reserve Bank of Australia announced its decision...
Euro Dollar

NFP: the Final Confirmation for a June Rate Hike?

The crucial US labour market data for May will be released today, June 2nd at 13:30 BST. It includes non-farm payrolls, unemployment rate and average hourly earnings. Please note that the...
US Dollar

Dollar firmer after ADP jobs; all eyes on NFP; oil drops after US decision...

The dollar consolidated gains made after a solid ADP jobs report on Thursday which gave investors optimism that today’s non-farm payrolls number could also be upbeat. This would strengthen expectations for...
WTI OIL

Oil, USD: Where To Target Oil & EUR/USD After OPEC Supply Cut

Danske Bank Strategy Research discusses its outlook for Oil and USD after the Organisation of Petroleum Exporting Countries (OPEC) decided today to extend the deal to cut oil production agreed last November...
US Dollar

Dollar lags after Fed minutes; loonie hits new month high; oil gains ahead of...

The US dollar was heavy after the FOMC minutes, while the Canadian dollar outperformed across the board on an upbeat Bank of Canada. Oil prices extended gains ahead of the OPEC...
US Dollar

Dollar under pressure after Fed minutes

The Greenback found itself under noticeable selling pressure during early trading on Thursday after May’s Federal Reserve meeting minutes were neatly packaged with a dovish undertone. Although expectations of a rate...
Australian Dollar

Aussie weakens after China downgrade; oil rises ahead of OPEC

The aussie reacted negatively to Moody’s downgrade of China’s rating to AA- with a negative outlook from a previous A1, amid concerns over rising debt and slowing economic growth. China is a...
British Pound

Markets mixed as investors tread carefully

The Greenback was under pressure on Tuesday with prices finding comfort near a six-month low against a currency basket as political turmoil in Washington weighed heavily on sentiment. A growing sense of...
Donald Trump

Stock markets slip after US President shares classified information

US dollar index and global stocks fell on reports that US President Donald Trump revealed classified information to Russia. The U.S. dollar and global stock markets sold off this week as investors...
Great British Pound

Pound capped by Brexit worries, WTI upbeat

The UK threatened to quit the Brexit talks, if the EU persists on requesting the €100 billion divorce bill. The GBPUSD finds more sellers than buyers above the $1.30. There could be...
US Dollar

US dollar in focus after worst week in over a year

While equity markets were able to recover some of their lost ground after last week’s sharp falls, US markets closed lower for the second week in succession, despite posting new record...
Gold

Trump becomes Gold’s best friend

Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty swirling around Donald Trump weathered risk sentiment. Concerns have skyrocketed over the current political turmoil in the...
US Dollar

Market uncertainty amid unclear political outlook in US and Brazil

US equities rebounded mildly last night as investors reassessed the likelihood of Trump’s impeachment following Wednesday’s panic selling. Doubts remain over how things will progress in the White House but sentiment has...
Australia

Aussie jumps after jobs data; greenback pauses decline

The US dollar rebounded against its major counterparts today after having tumbled sharply in the past two days due to political turmoil surrounding US President Donald Trump. The aussie jumped on...

LATEST

Oil edges up, but still set for worst first half performance in 20 years

Oil
Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude...

Oil-linked currencies gain with the commodity’s rise; dollar retreats

Brent Oil
As the Asian trading session is coming to a close, the dollar is modestly down while commodity-linked...

Will Silver be Impacted by Rising Fed Hawkishness?

Silver
Silver has continued to see concerted selling pressure as price action remains trapped within the confines of...

Is the USDJPY Rally Ready to Resume?

Japanese Yen
The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the...

Markets: The Week Ahead 23rd June 2017

Euro
A snapshot view of the calendar for next week and commentary on potential catalyst of data of...
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