Browsing Tag


All Eyes on the NFP

USD Data On Watch The US dollar has seen much quieter trading over the last 24 hours as traders await the final key data of the week: the US employment reports due later today. While USD has continued to trade lower into the end of the… Read More

US Data Weakness Hits USD

USD Lower on Data Weakness The US dollar has come back under pressure over the last 24 hours as further data weakness has weighed on sentiment.  The ISM Non-Manufacturing reading was weaker than expected over November at 53.9 vs 54.5… Read More

AUD Explodes Overnight

USD Down on Manufacturing Miss The US dollar has been under pressure over early trading on Tuesday as the reaction from yesterday's data miss continues. The US ISM Manufacturing print for November came in below expectations at 48.1Read More

The Week Ahead: One Last Job

USDCAD Hangs on BoC, NFP The pair will be under the spotlight as major data come in from both sides. The Bank of Canada is expected to leave the interest rates unchanged. However, optimistic guidance could give the Canadian dollar firm… Read More

Eurozone CPI Surprises Higher

USD Climbing The US dollar has been higher again today as the USD index continues to try and break out above recent highs, trading 98.32 last. Comments from Fed’s Powell earlier in the week have kept USD supported, backing up the view that… Read More