January 6, 2017
The dollar is stabilizing this morning after 2 days of losses. In anticipation of NFPs later today, we’ve seen the dollar index snap back from the $101.50 level after losing over 1 percent yesterday. We see the yuan and British pound declining most against the dollar, by 0.6 and 0.4 percent respectively. After a weak… View Article
January 6, 2017
Morning all..Wall St dipped in front of the Non-farm payroll data from the US due today and just below unchanged after a rather weak session and late rally. Nikkei closed lower on the back of a weaker USDJPY; finally ending the day down 0.34% but again a quiet session in front of the NFP’s. A… View Article
January 5, 2017
The dollar has reversed some of its losses seen after the release of the FOMC’s minutes. This report echoed uncertainty over how Trump’s policies would impact the rate hiking path. The dollar index trades near the 102.50 level after breaking 102.00 to the downside in early trade. Strong labour market data and NFPs tomorrow could… View Article
January 5, 2017
Morning all.. Another decent close on Wall St with S&P up another 0.57% but Asia had a tougher night as the USD got hit, US yields fell and the Nikkei fell 0.37%. but it was the move in the dollar that caught the eye even with better data from China and Japan. China Dec Caixin Services… View Article
January 4, 2017
The greenback is on the back foot in morning trade after the dollar index reached a 12 year high yesterday. This comes as markets await the release of FOMC minutes today which could dampen the sentiment behind the Trump trade. A risk-on appetite has boosted emerging market currencies with the South African rand the biggest… View Article
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy
