The index manages to leave behind part of the recent drop. US yields come under some mild downside pressure. Preliminary Consumer Sentiment next on tap in the docket. The greenback …
US Dollar Index appears bid just above 105.00 Read More
AUD/USD fails to capitalize on the early upside amid a souring mood. Falling Treasury yields cap USD recovery, offering aussie some support. Acceptance above 200 DMA is critical for AUD …
AUD/USD: 200 DMA remains a tough nut to crack amid cautious mood Read More
EUR/USD is back in the red as the US dollar extends the overnight recovery. US Treasury yields hold near multi-week top amid hawkish Fed commentary. US Preliminary UoM Consumer Sentiment …
EUR/USD struggles near 1.0300 as dollar recovers ahead of US data Read More
US dollar bulls are moving in following a significant sell-off in the greenback. US yields perked up towards the end of the week as hawkish Fed sentiment overrides softer US …
US dollar bulls are back in town Read More
The DXY is hoping for a break above 105.20 on advancing hawkish Fed bets. Investors are ignoring the one-time slowdown in the US Inflation rate. A higher US Michigan CSI …
US Dollar Index aims an establishment above 105.00 as Fed rate hike ghost returns Read More
Reuters reports that San Francisco Federal Reserve Bank President Mary Daly said on Thursday that a 50 basis point interest rate hike in September “makes sense” given recent economic data …
Fed’s Daly: Open to 75bps hike in Sept Read More
EUR/USD has turned sideways around 1.0320 as DXY rebounds sharply. Fresh evidence of exhaustion in the US CPI is meaningful but short-lived if not find follow-ups. A vulnerable performance is …
EUR/USD oscillates around 1.0320 ahead of Eurozone second-tier data and US Michigan CSI Read More
Gold could be on the verge of a significant downside correction. The US dollar bulls are emerging as markets digest Fed speak and inflation data. The gold price is back …
Gold Price Forecast: XAU/USD bears are moving in Read More
USD/JPY bulls moving in as US yields bounce back. The US dollar is finding buyers in a short squeeze and US stocks flip over. The market backdrop has turned increasingly …
USD/JPY bulls are moving in as US stocks move off their highs Read More
The index resumes the downside and flirts with 105.00. A 50 bps rate hike in September remains favoured so far. Producer Prices, Initial Claims next on tap in the NA …
US Dollar Index gives aways earlier gains and revisits 105.00 Read More