EUR

Dollar Down on Weak Trade Data The US dollar was weaker over the European morning on Thursday. Data yesterday showed that the US trade deficit widened over May. The data will not be welcomed by President Trump and is unlikely to moderate… Read More

Dollar Down on Data Miss The US dollar traded slightly lower over the European morning today. We have seen a shallow recovery over recent sessions. However, upside has been limited following a weak US consumer confidence number… Read More

It's PMI day! Well, not quite. Tomorrow we get preliminary PMIs from the big players in Europe. This data does tend to move the markets quite a bit. With the Fed behind us, it's actually the last major data release that could inject… Read More

After a quiet start to the week, the markets were treated to two major themes on Tuesday. Equities posted some gains after reports that President Trump will be meeting with Chinese Premier Xi on the sidelines of the G-20 summit. There is… Read More

Dollar Higher The US dollar has traded higher again today, marking its fifth consecutive winning day so far as the Index breaks back above the 97.10 level. Continued declines in other G10 currencies are keeping the greenback well bid,… Read More

Tomorrow we have the release of a host of data relevant to the euro all at once. We have CPI, trade balance and ZEW economic sentiment indicator for the eurozone. But, the one we'll be focusing on here since it tends to have a lot of… Read More

The greenback firmed further on Friday closing in the green. The dollar was supported by retail sales data which beat estimates. Retail sales grew 0.5% in May, up from a revised 0.3% in the month before. Core retail sales advanced 0.5%… Read More

Risk aversion was back in the markets with the safe haven assets outperforming. The US dollar index was also seen rising on the day on Wednesday. Trade spats from Washington and Beijing lowered the prospects of any trade deals that could be… Read More

The markets were trading cautiously albeit amid a slight risk-on sentiment prevailing. US stocks closed slightly higher while safe haven assets shed their recent gains. President Trump said on Tuesday that he was not yet ready for a deal… Read More