Browsing Tag


Markets Shrug Off Coronavirus

USD Rallies on better Factory Data The US dollar has been higher again today, extending yesterday’s gains seen in response to stronger US data. The ISM manufacturing number was seen at 50.9 in January, moving back into expansionary… Read More

USD Gains as ISM MI Rebounds

The US dollar reversed losses on Monday after the Institute for Supply Management’s PMI report on manufacturing beat estimates. Not only did the data outperform forecasts of 48.5, but it also rose to 50.9. A reading above the 50-level on… Read More

GBP Rallies On Optimistic BOE

Fed Sounds More Cautious The US Dollar has had a muted start to the final trading day of the week. Following a more cautious tone from the Fed on Wednesday, the dollar has softened a little though the USD index is still above the broken… Read More