US Dollar (USD)

The US Dollar fell to a four-month low last week with prices testing 94.50 support on dovish FOMC meeting. But prices managed to reverse their losses with the Dollar Index posting steady gains, for the most part, this week. Prices rallied…
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The US Dollar closed the week as the weakest currency led by the FOMC meeting which was more dovish than market expectations. With only two rate hikes projected for 2016, the markets saw the Greenback ease across the board. The Yen was the…
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The US Dollar Index weakened considerably this week, currently trading at 94.80, erasing the initial gains at the start of the week. It was a confluence of both technical and fundamentals as the US Dollar Index retreated off the minor…
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The US markets are in for a busy day today with consumer inflation, housing starts and building permits data coming out ahead of the Federal Reserve's monetary policy statement and press conference. Combined, the data is likely to add…
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Last week saw the Australian dollar post strong gains, rising 1.74%. The gains came about as the AUDUSD closed a second week with strong gains. Overall, the Aussie is up nearly 10% since the start of 2016 trading near the 0.755 handle. The…
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Image via RBNZ Museum The US Dollar closed the week as the weakest currency as a strong risk-on sentiment saw the AUD and the NZD close the week with gains of 4.31% and 2.81% respectively. The gains came on a broadly positive data from…
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Supported by strong growth numbers, the US Dollar closed the week on a firm footing against the Euro and the Yen. Economic data over the week saw Q4 GDP surprising to the upside, rising 1.0% against expectations of a dip to 0.40%. For the…
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The US Dollar saw a mixed week, stronger against the Euro and the British Pound while the commodity risk currencies posted gains. The Australian dollar closed the week with 0.65% gains against the Greenback while the Canadian dollar gained…
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The FOMC meeting minutes from January, released yesterday did not come with any surprises as the market expectations were tightly tuned into seeing dovish minutes. As expected, Fed members express concerns that the economic uncertainty had…
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The US dollar went through a sharp increase against its YEN counterpart on Friday, putting a stop to the four-day decay when the USD/JPY pair fell more than 4% due to the fact that investors turned to the safe-haven represented by the…
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