Market flash

Dollar Dives Down The US dollar weakened significantly over the European morning on Friday as optimism over a partial US/China trade deal led equities higher, taking some of the safe-haven bid out of USD. The fall comes despite data… Read More

Today, trading activity is thin compared to Monday. All of the FX major currencies seem reluctant to move in any direction with narrow and short-lived spikes making the best of the session so far. Pound Lower on Poor Jobs Data Despite… Read More

Last week's flows spilled over to this week's session during the European and London session, supporting all majors against a weaker dollar. Pound & Aussie Best Performers Despite the political turmoil in the UK, the latest… Read More

There was a number of instruments that ended the session mixed yesterday. This is despite risk-on flows continuing to push the dollar lower in the early hours. As NY opened following some relatively good ISM Non-Manufacturing and ADP… Read More

USD Softer After Data Miss The US dollar has softened a little over the final European morning session of the week. However, price is still on course to end the week firmly in the green. Data yesterday showed that while Q2 GDP was in line… Read More

USD Higher Ahead of Key Data The US dollar has continued its ascent over the European session so far on Thursday. Following a sharp sell off on Friday, the USD index has now retraced most of its losses, trading 98.22 last. Earlier in the… Read More

Dollar Down on Risk Recovery USD has been under a little pressure over the European session so far on Tuesday. This comes on the back of higher levels in equities after Trump’s turn at the G7 meetings yesterday. Following rising tensions… Read More

USD Recovers The US dollar has started the week on a firm footing following a late sell-off on Friday. The decline came in response to comments from Fed Chairman Powell. Speaking at the Jackson Hole Symposium, Powell kept the prospect of… Read More

USD Higher on Monday USD has been a little higher this morning, although moves have been limited. The market is expecting a quiet session this week as mid-summer trading lulls kick in. On the data front, there's little to note, aside from… Read More

Dollar Drive Continues The US Dollar has started the week on a strong footing with the USD index continuing its recent rally. The index has now broken firmly above the 97.11 level and is well on its way to testing the next resistance level… Read More