Posts Tagged ‘currency trading’

The FED is continuing its path of buying US treasuries even as the economy is expanding, and the vaccine rollout is helping to open businesses. Last month’s disappointing jobs numbers diminishes any likelihood of a change in this fiscal policy. Furthermore, any pricing pressures that may be developing as still considered in being transitionary by…

The release of the Consumer Price and Producer Price data indices pushed the Dollar around last week. Initially the Dollar was pushed higher on Wednesday as rates jumped following the higher than expected CPI data being reported. As the week came to a close the Dollar then lost its upside momentum with the news release…

The relationship between the US economy and the Dollar remains disjointed since the impact of the corona virus on domestic growth. The fiscal and monetary policies which have been implemented during the past year had clearly had a positive effect on the economy. Jobs growth and industrial production data are reflected in an economy that…

By the completion of the first full month in the second quarter, the Dollar index effectively unwound the March gains. This appeared to be the new pattern for the Dollar during April as the Dollar failed to capitalise on the expanding US economy. There have been signs of relief for the Dollar during periods of…

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…

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…

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…

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…

The equity markets traded firmer as the weekend approached, however this was a continuation of gains and losses alternating between days. As for the US Dollar, it could not hold onto a stretch of positive returns against most major currencies aside from the Yen and Swiss Franc. Market trends are also absent in some commodities…

This week the markets again looked to the anticipated outcome of another central bank meeting. Moving across the Atlantic it was now the turn of the FOMC to inform on their market positioning, and provide assurances of a healing economy. The US Dollar firmed ahead of the meeting, and equities were unable to hold onto…