Brexit

Dollar Freefall Continues The dollar index closed 0.44% lower yesterday as it lost sight of the 90 ceiling. Ripple effects of the Fed’s dovish policy meeting continued to weigh heavy on the greenback. Weekly unemployment claims…

Grim Readings for the Greenback The US dollar index continued its tragic decline yesterday, closing 0.28% lower. This comes after the Federal Reserve left rates unchanged and pledged to continue its bond purchases. Jerome Powell…

While the press focuses on the potential ramifications of the scheduled conversation between UK PM Johnson and EC President von der Leyen (again), data is still coming out, driving the markets. There has been an improvement in sentiment…

Bears Look for Another Push The US index could not capitalize on its 4-day winning streak, as it closed 0.30% lower yesterday. The dollar had been attempting a turnaround in the past few days, however, US jobless claims came in far…

Damaged Dollar Claws Back Some Ground The US index gained some traction yesterday as it closed 0.12% higher, breaching the 91 handle. Risk aversion seems to be supporting the greenback for now, as the House of Representatives approved a…

Dollar Attempts to Regain its Smile The US index spiked up during yesterday’s session but failed to close above the 91 handle. Risk aversion initially lent some support to the dollar as there was a 3-day peak on the index. However,…

Dollar Continues to Fall Ahead of NFP The US index fell deeper towards the 90 handle yesterday as it closed 0.42% lower. Whilst economists are expecting a fifth straight monthly increase in jobs, the figures are likely to miss…

End of Month Woes for the Dollar The US index initially dropped to fresh yearly lows yesterday, before rebounding and ending the session 0.19% higher. The index fell to levels last seen more than two years ago as the risk-on sentiment…

The EU Summit usually provides some opportunities for the euro and the pound to make some sudden moves. So, for traders, it's a good idea to know what subjects are going to be dealt with. Typically, leaders will talk to the press…

America Given Dose of the Truth US indices fell on Thursday after investor hopes for a Covid-19 vaccine quickly faded as America imposed new COVID-19 restrictions in New York. The Dow, S&P, and Nasdaq all fell by 0.5% as the…