The USD strengthened yesterday during the European session, as the US-Sino trade tensions eased somewhat. Media report that US President Donald Trump had stated that Chinese officials had...
The USD tumbled against a number of its counterparts on Friday as the US-Sino trade war escalated further. The escalation started as China announced counter-tariffs on imports from the US yet the...
On Monday the Jackson Hole symposium will be over, yet the effects of Powell’s speech may still be visible on the USD. However, it should be noted that Jackson Hole is not the only event until the...
The USD moved in a tight range against a number of other currencies yesterday as the market awaits Fed Chairman Powell’s speech at Jackson Hole. The speech is expected to be of high profile and...
The USD gained some ground against other currencies yesterday as the Fed’s minutes calmed aggressive expectations for future rate cuts. The minutes showed that the Fed was deeply divided as to...
The USD weakened against a number of other currencies yesterday, as the US Index retreated from yesterday’s highs. Analysts tend to note that the USD weakened due to a slipping of the US yields...
During today’s Asian session, RBA released the minutes of its last meeting. The document states that the bank would consider additional policy easing if needed and that it will assess developments...
Analysts tend to note lately that safe-haven currencies may be coming under pressure as markets expect central banks to release new stimulus. Such stimulus could provide a boost for the slowing...
The current global economic uncertainty all over the world could be intensified in the week ahead as the market will be paying close attention to the FOMC meeting minutes for further updates on...
Yesterday, the US core retail sales and retail sales reports came out very positive surpassing expectations. Retail sales increased to +0.7%mom compared to previous +0.3% mom and Core Retail Sales...