The second quarter saw quite a bit of change in the FX market, as previously robust trends pulled back and started to reverse as Central Banks positioned away from less-loose policy. But which of these […]
The single currency continues to recover as we approach the one-two combo of next week’s FOMC and ECB rate decisions, set for Wednesday and Thursday. Will prior themes of USD weakness and Euro come back […]
The Australian Dollar is course for its largest rise since August 2017 following strong data overnight, while the USD weakens on escalating trade tensions.
Strong U.S. data Last Friday’s data release, of NFP, average hourly earnings and an 18 year low in unemployment, exceeded market expectations and had a beneficial effect on markets. Non-farm employment increased by 223K in […]
Relief rally for the Euro as Italian jitters ease, while firmer German CPI rises above expectations. USD pulls back as data disappoints.
US Confidence Consumer edged higher in May, continuing to hover around historic highs. However, the USD saw a muted reaction as investors eye key US NFP data.
European politics is back in the spotlight, and the stage is getting set for what could be a dramatic summer. The single currency has broken below a key area of support, and bears remain in-control […]
Having found fresh buyers once again near the 0.6920 region, the NZD/USD pair made another attempt to regain the 0.6950 barrier, helped by the extension of the losses in the US dollar across its main […]
The US Dollar rally stopped short of a big zone of resistance yesterday, and has started to peel-lower. Next week’s calendar has a heavy USD-focus, and this presents a backdrop of likely volatility that continues […]
The US Dollar has continued to pullback after the early-week test of the 94.00 level on DXY. This opens the door to setups on both sides of USD, and in this article we look at […]