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April 11, 2024
The US Dollar (USD) is having a knee jerk moment with traders winding back a touch their positions in the Greenback after the hot Consumer Price Index (CPI) release from Wednesday. Reason is the Producer Price Index final reading for March
April 10, 2024
The US Dollar (USD) is being bought, that much is clear after the recent US Consumer Price Index (CPI) print. with all numbers coming in at the high end of expectations, there is no more doubt that June is now off the table for a first cut from the
April 9, 2024
The US Dollar (USD) remains afloat after a very lackluster start of the trading week. The Greenback did not move that much on Monday and only eased a touch after Federal Reserve Bank of Minneapolis President Neel Kashkari and Chicago Fed
April 8, 2024
The US Dollar (USD) is kicking off this Monday with both the Asian and the European trading session in the green. The Greenback is able to hold on to the gains it locked in on Friday after a very strong US Nonfarm Payrolls print that surpassed all
March 28, 2024
The US Dollar (USD) retreats from its earlier fresh highs for March after the Greenback rallied on comments from Fed Board Member Christopher Waller who pulled the plug on a June interest-rate cut. The Greenback is rolling through the markets
March 27, 2024
The US Dollar (USD) sees the Greenback gaining this Wednesday while US equity markets are jumping higher after the opening bell, holding to recent gains and ending the losing streak for this week so far. Markets are not really seeing a main driver
March 26, 2024
The US Dollar (USD) weakens for a second consecutive day on Tuesday, though intraday losses are being pared back by stronger Durable Goods. Markets will welcome clear data after US Federal Reserve members have contradicted each other, with
March 25, 2024
The US Dollar (USD) is retreating a touch on Monday ahead of the US session in a rather calm week ahead, with many trading desks and markets across the globe closed on Good Friday. Traders will likely continue to speculate on whether
March 12, 2024
The US Dollar (USD) is trading broadly flat on Tuesday, though the quote board reveals very much a red picture when comparing the Greenbacks performance against its individual peers.
March 11, 2024
The US Dollar (USD) is recovering a bit from last week's steep sell off after several jobs-related data pointed to the US labor market starting to roll over. For this week, the Greenback is set for a very firm data-driven