US Dollar (USD)

The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the…
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If you want to place trades on FX this week, you must know what the CPI is. The CPI acronym stands for Consumer Price Index, and it is the most common used measure for inflation within a country or an economy, taking into consideration the…
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The US dollar emerged on the top of the charts this week supported largely by the verbal intervention threats from Japan. The dollar got a boost by Friday as retail sales posted the biggest monthly jump which helped the dollar to make…
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WTI Crude oil extended gains for a second day as a surprise drawdown in inventory sends Oil higher, closing at $46.35 on Wednesday, 11th May 2016. A surprise drawdown in the weekly US crude oil inventory report released by the EIA…
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The US dollar saw another week of strong declines with the Fed leaving monetary policy unchanged and economic data from the US showing a weaker pace of growth in the first quarter, with the GDP rising 0.50%. Monthly economic data was also…
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The yen fell sharply this week and on Friday following news reports that the Bank of Japan was considering an ECB-style TLTRO option to introduce negative rates for bank lending. The news report from Bloomberg came out early Friday and the…
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The US dollar index has failed to make any decent gains or losses this week as the index sits near the support level. Summary: Intra-week the dollar fell sharply on weak housing starts and building permits Labor markets remain…
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The Australian dollar emerged as the top performing currency last week. The AUD made strong gains led by better than expected unemployment data which saw the Australian unemployment rate fall to 5.70%, the lowest jobless rate since…
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Summary: Economic data is relatively soft for the week ahead leaving the dollar vulnerable to technical trading While the longer term trend remains to the downside, in the near term, US dollar could see a potential rally or a…
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Import prices in the US edged higher, rising 0.20% in March and turning positive since the 1.30% increase that was last week in May of 2015. But despite the month over month increase, import prices are still weaker, down 6.20% on a year…
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