© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) – The dollar fell broadly on Thursday, with risk-sensitive Asia-Pacific currencies leading gains as investors grew more convinced of a likely peak in U.S.
EUR/USD ANALYSIS FOMC announcement under the spotlight today. EUR/USD rising wedge breakout could see euro collapse further. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your
Share: USD/CAD continues to draw support from bearish Oil prices and a modest USD strength. Tuesday’s disappointing Canadian GDP also undermines the Loonie and acts as a tailwind. Traders now look to the US macro data for some impetus ahead of the key FOMC decision. The USD/CAD pair attracts some dip-buying during the
Earlier this month, the US granted Venezuela sanctions relief in exchange for holding fair elections this year. That plan appears to be unravelling quickly as yesterday Venezuela’s electoral court said it is suspending opposition primaries days after President Nicolas Maduro called the vote a fraud. To be fair, the 93% primary vote for María Corina
© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against a basket of currencies on Friday, pulled down by portfolio rebalancing, but was on track to end
Markets: Gold up $21 to $2006 US 10-year yields down 1 bps to 4.83% WTI crude oil up $1.93 to $85.15 S&P 500 down 0.5% or 20 points to 4117 Nasdaq up 0.4% JPY leads, CHF lags The cross-currents were deep and violent on Friday. Let’s break them down: 1) The fog of war Early
Share: Indian Rupee trades firmly, supported by the potential aggressive intervention by the Reserve Bank of India (RBI). A rise in US Treasury yields and higher crude oil prices might cap the upside of the Indian Rupee. Investors will focus on the RBI Forex swap maturity, US economic data. Indian Rupee (INR) posts
Japanese Yen, USD/JPY, US Dollar, BoJ, YCC, Federal Reserve, Crude Oil – Talking Points The Japanese Yen might need a change in Bank of Japan policy to support it Treasury yields remain robust after a small pullback as Fed policy moves into view If USD/JPY trades well above 150, volatility could accelerate Recommended by Daniel
Share: The US Dollar struggles to find demand at the end of the week. Markets are digesting Powell’s words on Thursday. US Treasury yields are retreating and the odds of a hike in December declined. The US Dollar (USD) measured by the US Dollar Index (DXY) oscillates between gains and losses in the
GOLD PRICE OUTLOOK Gold prices have been rallying this month despite the surge in U.S. Treasury yields Bond market dynamics are taking a back seat as trades shift their attention to geopolitics. This article looks at XAU/USD’s key levels to watch in the near term Trade Smarter – Sign up for the DailyFX Newsletter Receive
