Browsing Tag

crude oil

Risk Appetite Softens

USD Hanging Out Near Highs The US dollar is in the green again today though the index, which is down off the recent 97.48 highs, is currently capped by the 97.42 resistance. With a lack of any key US data this week, flows are likely to… Read More

US CPI Up Next

USD Higher Ahead of CPI The US dollar has started the day in the green with the index rallying up to 97.16 as of writing. Looking ahead today, US CPI data is the main data print today. The headline reading is expected to have grown at just… Read More

Carney Comments Hit GBP

USD Higher Ahead of NFP The US dollar has ended the week firmly higher as a string of better data has lifted sentiment. The ISM non-manufacturing reading came in well above expectations, followed by a stronger than expected ADP print which… Read More

US/Iran Tensions Dissipate

USD Rallying The US Dollar has continued its rally over the European morning on Thursday with the USD index trading up to 97.05. Yesterday, the ADP employment reading came in well above expectations at 202k vs 160k expected, fuelling… Read More