US Dollar (USD)

The first trading week of the year 2016 got off to a rocky start with China at the epicenter. On the 1st of January, Chinese manufacturing PMI data was released which posted a flat reading of 49.7, down from 49.6 previously.  The decline…
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In a classic risk aversion week, the Japanese Yen emerged on the top with strong gains of 3.33% across the board. The week started off with the Chinese Stock market plunge which sent the global markets into a tailspin on concerns of a…
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The FOMC meeting minutes released yesterday from the Fed's December meeting showed that while almost all members were on board for a 25bps rate hike, it was a close call for some Fed members who were still concerned about core inflation…
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With the first trading week of the New Year, 2016 underway, it’s back to business for the markets at large. Last year witnessed the historic Fed rate hike liftoff, and the focus into the next year brings about some interesting questions as…
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The holiday thin trading saw the markets move sideways than establishing any trends. The Australian Dollar closed the week with gains of 0.24% for the week and emerged as the top commodity risk currency despite lack of any major…
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The markets had a holiday shortened week last week but the week was marked with key important data from the US, UK and Japan. Closing out the week, the NZD was the top performing currency, which gained 1.72% against the US Dollar followed…
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It's Fed day as the US FOMC concludes its two-day meeting. At 19:00 UK time, the Federal Reserve will be presenting its monetary policy statement including the Fed's staff economic projections. Expectations are for the Fed to hike the US…
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In what is setting up to be the Historic event of the year, the US Federal Reserve prepares for its very first rate hike in over 9 years. With most of the economic data done with, the stage is set for the Fed to hike interest rates by 25bps…
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With the countdown to the US FOMC meeting due in less than a week, the markets got a glimpse of volatility yesterday as the US Dollar sold out strongly into yesterday's close since the start of the US trading session. If yesterday's price…
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The Single currency is likely to come under a lot of pressure today as the European Central Bank meets. Expectations are rife that the ECB could mark another major milestone in its monetary policy storyline, in little under a year of…
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