The greenback regained its footing on Monday, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 9,844, and the reserve currency may track higher in the month ahead as heightening price pressures in the world’s largest economy dampens expectations for additional monetary support. Read More USD To Find Bid On Broader Fundamentals, [...]
Posted in FX News | Tagged at, aud, bid, broader, find, fundamentals, on, policy, rba, risk, to, usd
The Dow Jones FXCM Dollar leveraged its fledgling bear trend this past week. Set against its standard fundamental use as a safe haven, the plunge fits expected roles. Read More Dollar Tumbles as Risk Trends Climb, A Serious Decision Must be Made
Posted in FX News | Tagged a, as, be, climb, decision, dollar, made, must, risk, serious, trends, tumbles
The dollar was backed into a corner this past week, and a decision had to be made. Yet, despite the (dollar) favorable shift in tone and forecasts from the Fed as well as the disappointing round of data and headlines that dominated the headlines through the period, the break was decisively bearish. Read More Dollar [...]
Posted in FX News | Tagged accelerates, despite, dollar, gdp, implications, of, plunge, risk, weak
What started out as a risk positive day has slowly reversed itself. The catalysis looks to have been the weak EC business and consumers surveys that suggested Europe remains in a gloomy economic state. The EC Economic Sentiment Indicator dropped from 94.5 to 92.8 showing a decline for the second consecutive month. Read More Risk [...]
Posted in FX News | Tagged appetite, reverses, risk
The Canadian dollar fell against the US dollar and the Japanese yen today on concerns about the French elections. The currency trimmed its losses, but remains below the opening price for now. The loonie rose versus the euro.(…)Read the rest of Traders Shun Risk on French Elections, Loonie Weakens (108 words) Posted on Forex News. Read More Traders Shun Risk on French Elections, Loonie Weakens
Posted in FX News | Tagged elections, french, loonie, on, risk, shun, traders, weakens
Risk appetite is making a comeback in the markets today, and that is sending the US dollar mostly lower. The dollar index is losing ground, and the greenback is lower against many of the majors, especially the European currencies. With better earnings news out of the United States, and with better news in the eurozone, Forex traders are ready for a little risk. (…)Read the rest of US Dollar Pulls Back as Risk [...]
Posted in FX News | Tagged appetite, as, back, dollar, pulls, returns, risk, us
The fundamental flow was heavy and the S&P 500 was particularly strong this past session; yet through that fundamental drive, the benchmark US dollar found itself virtually unmoved through the close. In fact, the Dow Jones FXCM Dollar Index closed Tuesday’s active trading session with a 0.04 percent change at 9940. Read More Dollar Little [...]
Posted in FX News | Tagged aggressive, despite, dollar, in, little, moved, rebound, risk, trends
The Dow Jones FXCM Dollar Index is markedly weaker at the close of North American trade as European currencies advanced at the expense of the greenback. Key levels to watch heading into Asia Pacific trade. Read More US Dollar Index at Risk Ahead of 9900 Despite Less Dovish Fed
Posted in FX News | Tagged 9900, ahead, at, despite, dollar, dovish, fed, index, less, of, risk, us
Referring to a weekly chart of the Dow Jones FXCM Dollar Index, the greenback was worked its way into a loaded period of congestion. We now find the currency holding a 200-pip range just below a 14-month range high that has prevented a larger bull trend reversal. The risk is clear. Read More Dollar Rallies [...]
Posted in FX News | Tagged concern, dollar, end, rallies, remain, risk, the, to, top, trends, week, will
Having been helped by supportive comments from key Federal Reserve officials Yellen and Dudley, as well as other central bankers during the week, the market has jumped on the “risk on” trade in Thursday’s session, putting away the anxiety markets experienced at the beginning of the week. Read More AUD and NZD Strengthen as Market [...]
Posted in FX News | Tagged and, as, aud, carry, market, nzd, participants, return, risk, strengthen, to, trade
