Browsing Tag


JPY Crashes On Recession Fears

USD Supported By Positive FOMC Minutes The US dollar remains well supported today on the back of a set of broadly positive FOMC meeting minutes yesterday. The Fed cited an easing of trade tensions and a better global growth outlook in its… Read More

GBP Jumps on CPI Beat

FOMC Minutes on Watch The US dollar continues to hold just below the week’s highs, with the index trading at 99.33 last, as price is continuing to grind back towards the 100 level. The FOMC meeting minutes due later today will be the main… Read More

Markets Crash on Apple Warning

USD Still Supported The US dollar pushed higher at the European open on Tuesday though has since seen some selling kicking in to take the index back down to 99.11 last. USD remains broadly supported on the back of recent data strength.… Read More

The Week Ahead: The Weakest Link

Trade of the Week EURJPY Plummets as Sentiment Worsens The euro deepened its losses as investors fret that the Eurozone is inching toward a recession. The bloc’s weakest growth since 2013 is a sign that major economies are yet to… Read More

Oil Ends Its Losing Streak

US Retail Sales on Watch The US dollar has softened a little over the final European morning of the week, continuing to pull back from recent highs of 99. Despite the softness so far today, the dollar ends the week firmly higher. CPI data… Read More

GBP Rises On Carney Comments

US Dollar Lacking Momentum The US dollar has had a slow start to the day on Wednesday as the drift lower from recent highs continues. The USD index trades 98.62 last. It’s been a slow week for data, though key retail sales and inflation… Read More

UK Data Beat Boosts GBP

USD Rally Capped For Now The US dollar has softened a little over early trading on Tuesday as the rally in equities has taken some of the steam out of the greenback’s recent rally. The US data sheet remains quiet until Thursday and Friday… Read More