FX Market View #8

Market remains uncertain in holding Dollars The US Dollar settled in for a challenging week, unable to build any gains or forward momentum instead consolidating lower against the majors. A similar currency market situation prevailed in the previous week, as investor lacked the belief and desire to buy Dollars on the back of a surging…
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FX Market View #8

Market remains uncertain in holding Dollars

The US Dollar settled in for a challenging week, unable to build any gains or forward momentum instead consolidating lower against the majors. A similar currency market situation prevailed in the previous week, as investor lacked the belief and desire to buy Dollars on the back of a surging domestic economy. As a consequence the…

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Join Peter Kristensen at the inaugural Open Business Summit

Join Peter at the first Open Business Council global summit with over 20 + Government and Institutional leaders as well as 120 + Industry Experts on 21st of April at 9:30 GMT +1 where Peter will be speaking on De-Fi and digital asset investing alongside an esteemed group of panellists. Tackling smart businesses, governments and…

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FX Market View #7

Dollar fails to consolidate on positive data The US data released during the last week confirmed the market expectation of a rebounding economic recovery. However, despite the data behind a surging US economy, the situation for the Dollar is less than positive. The gains that we made by the greenback earlier in the week, could…
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FX Market View #7

Dollar fails to consolidate on positive data

The US data released during the last week confirmed the market expectation of a rebounding economic recovery. However, despite the data behind a surging US economy, the situation for the Dollar is less than positive. The gains that we made by the greenback earlier in the week, could not be consolidated. As a consequence, the…

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FX Market View #6

Eyes on inflation as market gauges Dollar’s path

Global economic data released in the days following the East holiday period disappointed markets, with investors returning to the US Dollar. The weekly jobless claims unexpectedly increased in the US initially pressuring the greenback lower. However, as Europe released weaker than expected industrial output data the Dollar made a comeback. US 10-Year Treasury yields tick…

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FX Market View #5

Dollar is trending higher from an elevated position

The trading week was shortened by the Easter holiday period, with most financial closing on the Friday. However the few exchanges in the Asia Pacific region that remained open did experience market advances. As for the currency markets the US Dollar produced mixed results during the week. Unexpected strengthening in US employment data would normally…

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